Funding you earn now, next payment 00:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.027%
Price spread now: SunX against Deribit0.000%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$650.645% of the position
Funding, last 4 days (all we have)+0.319%+$32 on $10k
+Price spread, last 3 days (all we have)+0.018%+$2 · spread now 0.000%, 7d avg +0.008%
=The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BRENTOIL_USDC-PERPETUAL | 96.210 | −0.0062 | get 0.0008% / 1h | 21m 24s | $103K | $275K | 15x |
| Short | SunX BRENTOIL-USDT | 96.210 | 0 | get 0.0000% / 4h | 21m 24s | $4K | $2.7M | 20x |
Deribit BRENTOIL_USDC-PERPETUAL
SunX BRENTOIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $12.96
- Price spread: 0.000% → +0.008%
- −$0.75
- Slippage, 4 orders
- −$49.54
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$52.33
- Costs to cover
- 0.645%
- Break-even
- 35.3 days
Slippage from Deribit: live order book, 57 min ago; SunX: live order book, 6 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, 57 min ago | 0.52 bp | 4.0 bp −$4 | 4.8 bp −$48 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 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 | 96.185 | −0.026% | $120K | — | 111x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.348 | −0.896% | $8K | $7K | 30x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUALlong | −0.0062% | 1h | 96.210 | long leg | $103K | $275K | 15x | |
| Coinbase International BRENTOIL-PERP-INTX | −0.0040% | 1h | 96.070 | −0.146% | $232K | $570K | 15x | as long as short |
| RISEx BZ/USDC | −0.0020% | 1h | 96.172 | −0.040% | $2.2M | $1.3M | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.208 | −0.002% | $334K | $1.2M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.180 | −0.031% | $145.8M | $455.2M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.210 | 0.000% | $10.3M | $16.0M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.170 | −0.042% | $15.8M | $26.7M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.140 | −0.073% | $9.2M | $16.4M | 100x | as long as short |
GMX BRENTOIL/USD [ETH-USDC]
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDC
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
Gate BZ_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDT | 0.0000% | 4h | 96.180 | −0.031% | $27.6M | $20.6M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 96.172 | −0.039% | $9.3M | $7.7M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.220 | +0.010% | $34K | $375K | 25x | as long as short |
| SunX BRENTOIL-USDTshort | 0.0000% | 4h | 96.210 | 0.000% | $4K | $2.7M | 20x | |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.150 | −0.062% | $306K | $249K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.360 | +0.156% | $1.2M | $94K | 100x | as long as short |
| edgeX BZUSDC | +0.0013% | 4h | 96.203 | −0.008% | $220K | $233K | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0025% | 8h | 96.174 | −0.037% | $3K | $521 | 5x | as long as short |
| BloFin BZ-USDT | +0.0029% | 4h | 96.150 | −0.062% | $1.5M | $96K | 50x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 99.780 | +3.711% | — | $735K | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.233 | +0.024% | $151.1M | $144.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.255 | +0.047% | $1.5M | $527K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0073% | 1h | 96.270 | +0.062% | $6K | $44K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.110 | −0.104% | $3.8M | $987K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.170 | −0.042% | $25K | $271K | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0112% | 1h | 96.260 | +0.052% | $33K | — | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 96.231 | +0.022% | $83K | $234K | 20x | as long as short |
| Lighter BRENTOIL | +0.0312% | 1h | 96.230 | +0.021% | $3.3M | $4.3M | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0391% | 1h | 96.130 | −0.083% | $3.1M | $1.1M | 15x | as long as short |
| Extended XBR-USD | +0.0600% | 1h | 96.110 | −0.104% | $670K | $5.2M | 10x | as long as short |
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Paradex BZ-USD-PERP
BloFin BZ-USDT
Vest BZ-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Hotstuff BRENTOIL-PERP
Kraken Futures PF_BRENTOILUSD
Lighter BRENTOIL
Ondo Perps BRENT-USD.P
Extended XBR-USD