Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.15 per $10,000 · paid last 24h −0.017%
Price spread now: SunX against BloFin+0.073%55s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.627% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 3 days (all we have)−0.027%−$3 · spread now +0.073%, 7d avg +0.024%
=The price spread pays, funding is against you. SunX is 0.049% dearer against BloFin than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of +0.024%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.5 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BZ-USDT | 96.150 | 0.0029 | pay 0.0015% / 4h | 19m 54s | $1.5M | $96K | 50x |
| Short | SunX BRENTOIL-USDT | 96.220 | 0 | get 0.0000% / 4h | 19m 54s | $4K | $2.7M | 20x |
BloFin BZ-USDT
SunX BRENTOIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$6.16
- Price spread: +0.073% → +0.024%
- $4.86
- Slippage, 4 orders
- −$42.72
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$64.03
- Costs to cover
- 0.627%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; SunX: live order book, 7 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 | 6.9 bp −$7 | 10.2 bp −$102 | 21.6 bp −$2,159 | doesn't fit |
| Sell SunX live order book, 7 min ago | 18.69 bp | 26.6 bp −$27 | 35.2 bp −$352 | 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 | 96.205 | +0.057% | $120K | — | 111x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.348 | −0.834% | $8K | $7K | 30x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0166% | 1h | 96.220 | +0.073% | $103K | $275K | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0088% | 1h | 96.250 | +0.104% | $33K | — | 20x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0040% | 1h | 96.070 | −0.083% | $232K | $565K | 15x | as long as short |
| RISEx BZ/USDC | −0.0020% | 1h | 96.179 | +0.030% | $2.2M | $1.3M | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.210 | +0.062% | $334K | $1.2M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.200 | +0.052% | $145.8M | $454.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.220 | +0.073% | $10.5M | $16.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.190 | +0.042% | $15.8M | $26.6M | 50x | as long as short |
GMX BRENTOIL/USD [ETH-USDC]
Injective BRENT/USDC PERP
Deribit BRENTOIL_USDC-PERPETUAL
Hotstuff BRENTOIL-PERP
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDC
Aster BZUSDT
Binance 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 | 96.160 | +0.010% | $9.2M | $16.4M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.180 | +0.031% | $27.6M | $20.5M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 96.172 | +0.023% | $9.3M | $7.7M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.220 | +0.073% | $34K | $375K | 25x | as long as short |
| SunX BRENTOIL-USDTshort | 0.0000% | 4h | 96.220 | +0.073% | $4K | $2.7M | 20x | |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.150 | 0.000% | $306K | $249K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.360 | +0.218% | $1.2M | $94K | 100x | as long as short |
| edgeX BZUSDC | +0.0013% | 4h | 96.203 | +0.055% | $220K | $233K | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0026% | 8h | 96.173 | +0.024% | $3K | $521 | 5x | as long as short |
| BloFin BZ-USDTlong | +0.0029% | 4h | 96.150 | long leg | $1.5M | $96K | 50x | |
| Vest BZ-PERP | +0.0046% | 1h | 99.780 | +3.775% | — | $735K | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.243 | +0.097% | $151.1M | $144.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.257 | +0.111% | $1.5M | $527K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0073% | 1h | 96.270 | +0.125% | $6K | $44K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.120 | −0.031% | $3.8M | $988K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.170 | +0.021% | $25K | $271K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 96.255 | +0.109% | $83K | $234K | 20x | as long as short |
| Lighter BRENTOIL | +0.0304% | 1h | 96.220 | +0.073% | $3.3M | $4.3M | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0392% | 1h | 96.160 | +0.010% | $3.1M | $1.1M | 15x | as long as short |
| Extended XBR-USD | +0.0592% | 1h | 96.114 | −0.037% | $670K | $5.2M | 10x | as long as short |
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Paradex BZ-USD-PERP
Vest BZ-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
Lighter BRENTOIL
Ondo Perps BRENT-USD.P
Extended XBR-USD