Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: HTX against Bybit−0.052%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$360.364% of the position
Funding, last 7 days+0.268%+$27 on $10k
+Price spread, last 3 days (all we have)−0.019%−$2 · spread now −0.052%, 7d avg −0.042%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BZUSDT | 95.990 | 0 | get 0.0000% / 8h | 45m 47s | $10.4M | $15.9M | 100x |
| Short | HTX BRENTOIL-USDT | 95.940 | 0 | get 0.0000% / 4h | 45m 47s | $305K | $249K | 75x |
Bybit BZUSDT
HTX BRENTOIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bybit. 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
- $0
- Price spread: −0.052% → −0.042%
- −$1.04
- Slippage, 4 orders
- −$13.39
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$37.44
- Costs to cover
- 0.364%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; HTX: live order book, 31 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 Bybit live order book, 3 min ago | 0.52 bp | 9.7 bp −$10 | 17.7 bp −$177 | 104.0 bp −$10.4K | doesn't fit |
| Sell HTX live order book, 31 min ago | 2.61 bp | 8.6 bp −$9 | 9.7 bp −$97 | 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 | 95.975 | −0.016% | $120K | — | 111x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.369 | −0.647% | $8K | $7K | 30x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.0171% | 1h | 96.019 | +0.030% | $147.7M | $143.8M | 20x | as long as short |
| BloFin BZ-USDT | −0.0045% | 4h | 95.960 | −0.031% | $1.5M | $95K | 50x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0040% | 1h | 96.060 | +0.073% | $232K | $577K | 15x | as long as short |
| RISEx BZ/USDC | −0.0020% | 1h | 95.978 | −0.013% | $2.2M | $1.3M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0008% | 1h | 96.030 | +0.042% | $33K | — | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.096 | +0.110% | $334K | $1.4M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 95.990 | 0.000% | $145.7M | $469.9M | 100x | as long as short |
| Bybit BZUSDTlong | 0.0000% | 8h | 95.990 | long leg | $10.4M | $15.9M | 100x |
GMX BRENTOIL/USD [ETH-USDC]
Injective BRENT/USDC PERP
tradeXYZ xyz:BRENTOIL
BloFin BZ-USDT
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDC
Hotstuff BRENTOIL-PERP
Aster BZUSDT
Binance BZUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 95.970 | −0.021% | $15.8M | $26.9M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 95.940 | −0.052% | $9.2M | $16.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 95.990 | 0.000% | $27.4M | $21.1M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 95.963 | −0.028% | $9.3M | $8.2M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 95.970 | −0.021% | $34K | $375K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.000 | +0.010% | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.000 | +0.010% | $102K | $279K | 15x | as long as short |
| HTX BRENTOIL-USDTshort | 0.0000% | 4h | 95.940 | −0.052% | $305K | $249K | 75x | |
| Phemex XBRUSDT | 0.0000% | 4h | 95.980 | −0.010% | $1.2M | $96K | 100x | as long as short |
| edgeX BZUSDC | +0.0002% | 4h | 95.954 | −0.037% | $220K | $234K | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0010% | 8h | 95.983 | −0.007% | $3K | $521 | 5x | as long as short |
| Aftermath Perps BRENTUSD | +0.0030% | 1h | 96.054 | +0.067% | $6K | $45K | 5x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.010 | +0.021% | $3.3M | $4.3M | 20x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 99.710 | +3.875% | — | $735K | 10x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.055 | +0.068% | $1.5M | $529K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 95.930 | −0.063% | $3.0M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 95.980 | −0.010% | $3.7M | $991K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 95.970 | −0.021% | $25K | $271K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 96.019 | +0.031% | $81K | $235K | 20x | as long as short |
| Extended XBR-USD | +0.0168% | 1h | 96.006 | +0.016% | $671K | $5.2M | 10x | as long as short |
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
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
Kraken Futures PF_BRENTOILUSD
Extended XBR-USD