Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.027%
Price spread now: Bybit against Deribit−0.021%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 4 days (all we have)+0.287%+$29 on $10k
+Price spread, last 3 days (all we have)+0.071%+$7 · spread now −0.021%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BRENTOIL_USDC-PERPETUAL | 96.000 | 0 | get 0.0000% / 1h | 49m 12s | $102K | $279K | 15x |
| Short | Bybit BZUSDT | 95.980 | 0 | get 0.0000% / 8h | 49m 12s | $10.4M | $16.0M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Deribit. 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: −0.021% → −0.003%
- −$1.75
- Slippage, 4 orders
- −$15.92
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$35.67
- Costs to cover
- 0.339%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 29 min ago; Bybit: live order book, 4 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 Deribit live order book, 29 min ago | 0.52 bp | 4.0 bp −$4 | 4.8 bp −$48 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.52 bp | 9.1 bp −$9 | 18.2 bp −$182 | 112.6 bp −$11.3K | 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 | 95.965 | −0.036% | $120K | — | 111x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.369 | −0.657% | $8K | $7K | 30x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.0127% | 1h | 96.016 | +0.017% | $147.6M | $143.7M | 20x | as long as short |
| BloFin BZ-USDT | −0.0051% | 4h | 95.960 | −0.042% | $1.5M | $95K | 50x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0040% | 1h | 96.060 | +0.063% | $232K | $577K | 15x | as long as short |
| RISEx BZ/USDC | −0.0020% | 1h | 95.969 | −0.032% | $2.2M | $1.3M | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.101 | +0.105% | $334K | $1.4M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 95.961 | −0.040% | $145.7M | $470.3M | 100x | as long as short |
| Bybit BZUSDTshort | 0.0000% | 8h | 95.980 | −0.021% | $10.4M | $16.0M | 100x | |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 95.960 | −0.042% | $15.8M | $26.9M | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BZ_USDT | 0.0000% | 8h | 95.930 | −0.073% | $9.2M | $16.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 95.970 | −0.031% | $27.4M | $21.1M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 95.963 | −0.039% | $9.3M | $8.2M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 95.980 | −0.021% | $34K | $375K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 95.980 | −0.021% | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUALlong | 0.0000% | 1h | 96.000 | long leg | $102K | $279K | 15x | |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 95.940 | −0.062% | $305K | $249K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 95.960 | −0.042% | $1.2M | $96K | 100x | as long as short |
| edgeX BZUSDC | +0.0006% | 4h | 95.963 | −0.038% | $220K | $233K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0016% | 1h | 96.040 | +0.042% | $33K | — | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0017% | 8h | 95.964 | −0.038% | $3K | $521 | 5x | as long as short |
| Aftermath Perps BRENTUSD | +0.0028% | 1h | 96.054 | +0.056% | $6K | $45K | 5x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.010 | +0.010% | $3.3M | $4.3M | 20x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 99.760 | +3.917% | — | $735K | 10x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.056 | +0.058% | $1.5M | $529K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 95.940 | −0.062% | $3.0M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 95.980 | −0.021% | $3.7M | $991K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 95.970 | −0.031% | $25K | $271K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 96.008 | +0.008% | $81K | $235K | 20x | as long as short |
| Extended XBR-USD | +0.0248% | 1h | 96.008 | +0.008% | $670K | $5.2M | 10x | as long as short |
Deribit BRENTOIL_USDC-PERPETUAL
Bybit BZUSDT
GMX BRENTOIL/USD [ETH-USDC]
Injective BRENT/USDC PERP
tradeXYZ xyz:BRENTOIL
BloFin BZ-USDT
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDC
Aster BZUSDT
Binance BZUSDT
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Paradex BZ-USD-PERP
Aftermath Perps BRENTUSD
Lighter BRENTOIL
Polymarket Perps BRENTOIL-USD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
Extended XBR-USD