Funding you earn now, next payment 05:00 UTC+0.0107%/8h= +11.7% APRnext payment +$0.13 per $10,000 · paid last 24h +0.027%
Price spread now: gTrade (Gains Network) against Coinbase International+0.542%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.542% dearer against Coinbase International than usual: you sell high and buy low: +$54 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BRENTOIL-PERP-INTX | 97.530 | −0.0096 | get 0.0012% / 1h | 30m 34s | $235K | $434K | 15x |
| Short | gTrade (Gains Network) BRENT/USD | 98.058 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 30m 34s | — | — | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Coinbase International. 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
- $22.5
- Price spread: +0.542% → 0.000%
- $54.16
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $56.66
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 17 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
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 Coinbase International live order book, 17 min ago | 1.03 bp | 6.5 bp −$6 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BZ on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.783 | −0.766% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTXlong | −0.0096% | 1h | 97.530 | long leg | $235K | $434K | 15x | |
| BloFin BZ-USDT | −0.0025% | 4h | 97.510 | −0.021% | $1.5M | $97K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.526 | −0.004% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.520 | −0.010% | $147.7M | $362.5M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.520 | −0.010% | $10.4M | $12.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.520 | −0.010% | $16.1M | $20.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.498 | −0.033% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.480 | −0.051% | $9.2M | $11.6M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.520 | −0.010% | $28.0M | $16.5M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.490 | −0.041% | $9.4M | $7.0M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.487 | −0.044% | $34K | $327K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.530 | 0.000% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.510 | −0.021% | $101K | $249K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.500 | −0.031% | $280K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.500 | −0.031% | $1.2M | $83K | 100x | as long as short |
| edgeX BZUSDC | +0.0002% | 4h | 97.479 | −0.052% | $224K | $229K | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0009% | 1h | 97.519 | −0.011% | $82K | $208K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | L +0.0011% / S −0.0011% | 1h | 98.058 | +0.542% | — | — | — | |
| Hotstuff BRENTOIL-PERP | +0.0016% | 1h | 97.510 | −0.021% | $34K | — | 20x | as long as short |
| Vest BZ-PERP | +0.0018% | 1h | 101.58 | +4.153% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.520 | −0.010% | $3.2M | $4.6M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.522 | −0.009% | $680K | $3.7M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.522 | −0.008% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.545 | +0.015% | $154.0M | $124.3M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.562 | +0.033% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.460 | −0.072% | $3.1M | $1.0M | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.0052% | 1h | 97.540 | +0.010% | $7K | $42K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.530 | 0.000% | $3.8M | $837K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.510 | −0.021% | $26K | $274K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0312% / S −0.2547% | 1h | 97.515 | −0.015% | $115K | — | 111x | as long as short |
Coinbase International BRENTOIL-PERP-INTX
gTrade (Gains Network) BRENT/USD
Injective BRENT/USDC PERP
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
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
Kraken Futures PF_BRENTOILUSD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]