BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0113%/8h= +12.4% APRnext payment +$0.14 per $10,000 · paid last 24h +0.013%

Price spread now: Vest against Coinbase International+4.286%7-day average +3.272% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.140%+$14 on $10k

Price spread, last 4 days (all we have)−0.425%−$42 · spread now +4.286%, 7d avg +3.272%

Together, before fees−0.285%+ Points / potential airdropVest: Active · farm board−$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Vest is 1.014% dearer against Coinbase International than usual: you sell high and buy low: +$101 more if the spread goes back to its 7-day average of +3.272%.

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	27m 42s	$235K	$434K	15x
Short	Vest BZ-PERP	101.71	0.0017	get 0.0002% / 1h	27m 42s	—	$735K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee VestbpOrdersPrice spread, now +4.286%Rate

Funding earned: $23.82
Price spread: +4.286% → +3.272%: $101.41
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: $113.24
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 20 min ago; Vest: 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, 20 min ago	1.03 bp	6.5 bp −$6	10.4 bp −$104	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Aster BZUSDT	0.0000%	4h	97.673	+0.147%	$340K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.670	+0.144%	$147.9M	$362.5M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.650	+0.123%	$10.3M	$12.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.700	+0.174%	$16.1M	$20.6M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.662	+0.135%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.660	+0.133%	$9.3M	$11.7M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.700	+0.174%	$28.0M	$16.5M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.490	−0.041%	$9.4M	$7.0M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	97.509	−0.021%	$34K	$327K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.710	+0.185%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.680	+0.154%	$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	97.660	+0.133%	$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	97.694	+0.168%	$82K	$208K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.210	+0.698%	—	—	—	as long as short
Vest BZ-PERPshort	+0.0017%	1h	101.71	+4.286%	—	$735K	10x
BloFin BZ-USDT	+0.0026%	4h	97.620	+0.092%	$1.5M	$97K	50x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.660	+0.133%	$3.3M	$4.6M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.701	+0.175%	$680K	$3.7M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.688	+0.162%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.690	+0.164%	$154.3M	$124.4M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.711	+0.186%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.480	−0.051%	$3.1M	$1.0M	15x	as long as short
Aftermath Perps BRENTUSD	+0.0055%	1h	97.562	+0.033%	$7K	$42K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.700	+0.174%	$3.8M	$833K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.510	−0.021%	$26K	$274K	50x	as long as short
Hotstuff BRENTOIL-PERP	+0.0152%	1h	97.680	+0.154%	$34K	—	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0316% / S −0.2490%	1h	97.665	+0.138%	$116K	—	111x	as long as short