Funding you earn now, next payment 00:00 UTC+0.0103%/8h= +11.3% APRpaid last 24h +0.007%
Price spread now: Kraken Futures against BloFin+0.036%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$510.514% of the position
Funding, last 7 days−0.876%−$88 on $10k
+Price spread, last 3 days (all we have)−0.092%−$9 · spread now +0.036%, 7d avg +0.017%
=The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.876%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BZ-USDT | 96.040 | 0.0010 | pay 0.0005% / 4h | 44m 47s | $1.5M | $95K | 50x |
| Short | Kraken Futures PF_BRENTOILUSD | 96.075 | 0.0113 | get 0.0014% / 1h | 44m 47s | $81K | $235K | 20x |
BloFin BZ-USDT
Kraken Futures PF_BRENTOILUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21.64
- Price spread: +0.036% → +0.017%
- $1.92
- Slippage, 4 orders
- −$29.41
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$27.84
- Costs to cover
- 0.514%
- Break-even
- 16.0 days
Slippage from BloFin: live order book, 3 min ago; Kraken Futures: live order book, 33 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 3 min ago | 0.52 bp | 6.8 bp −$7 | 9.7 bp −$97 | 17.9 bp −$1,790 | doesn't fit |
| Sell Kraken Futures live order book, 33 min ago | 3.17 bp | 20.3 bp −$20 | 34.4 bp −$344 | doesn't fit | doesn't fit |
BZ on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BRENTOIL/USD [ETH-USDC] | L −0.0848% / S +0.0467% | 1h | 96.035 | −0.005% | $120K | — | 111x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.369 | −0.699% | $8K | $7K | 30x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.0166% | 1h | 96.100 | +0.062% | $147.8M | $143.8M | 20x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0040% | 1h | 96.060 | +0.021% | $232K | $577K | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0024% | 1h | 96.030 | −0.010% | $33K | — | 20x | as long as short |
| RISEx BZ/USDC | −0.0020% | 1h | 96.000 | −0.042% | $2.2M | $1.3M | 20x | as long as short |
| Binance BZUSDT | −0.0006% | 4h | 96.071 | +0.033% | $145.8M | $469.6M | 100x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.120 | +0.083% | $334K | $1.4M | 50x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.060 | +0.021% | $10.4M | $16.0M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.050 | +0.010% | $15.9M | $26.9M | 50x | as long as short |
GMX BRENTOIL/USD [ETH-USDC]
Injective BRENT/USDC PERP
tradeXYZ xyz:BRENTOIL
Coinbase International BRENTOIL-PERP-INTX
Hotstuff BRENTOIL-PERP
RISEx BZ/USDC
Binance BZUSDT
Aster BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BZ_USDT | 0.0000% | 8h | 96.010 | −0.031% | $9.2M | $16.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.020 | −0.021% | $27.4M | $21.1M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 95.963 | −0.080% | $9.3M | $7.9M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 95.970 | −0.073% | $34K | $375K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.040 | 0.000% | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.080 | +0.042% | $103K | $279K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 95.940 | −0.104% | $305K | $249K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.050 | +0.010% | $1.2M | $96K | 100x | as long as short |
| edgeX BZUSDC | +0.0002% | 4h | 95.954 | −0.089% | $220K | $234K | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0009% | 8h | 95.982 | −0.060% | $3K | $521 | 5x | as long as short |
| BloFin BZ-USDTlong | +0.0010% | 4h | 96.040 | long leg | $1.5M | $95K | 50x | |
| Aftermath Perps BRENTUSD | +0.0030% | 1h | 96.054 | +0.015% | $6K | $45K | 5x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.040 | 0.000% | $3.3M | $4.3M | 20x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.04 | +4.165% | — | $735K | 10x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.066 | +0.027% | $1.5M | $529K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 95.960 | −0.083% | $3.0M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.050 | +0.010% | $3.8M | $990K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 95.960 | −0.083% | $25K | $271K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSDshort | +0.0113% | 1h | 96.075 | +0.036% | $81K | $235K | 20x | |
| Extended XBR-USD | +0.0152% | 1h | 96.006 | −0.035% | $671K | $5.2M | 10x | as long as short |
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Paradex BZ-USD-PERP
Aftermath Perps BRENTUSD
Lighter BRENTOIL
Vest BZ-PERP
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
KuCoin BZUSDTM
ApeX Omni BZUSDT
Extended XBR-USD