Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: Variational Omni against Deribit−0.033%7-day average −0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.409%+$41 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.033%, 7d avg −0.030%
=Together, before fees+0.534%+ Points / potential airdropVariational Omni: Active · farm board+$53 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BRENTOIL_USDC-PERPETUAL | 97.200 | 0 | get 0.0000% / 1h | 51m 47s | $104K | $239K | 15x |
| Short | Variational Omni BZ | 97.168 | 0 | get 0.0000% / 4h | 3h 51m | $9.4M | $6.8M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.033% → −0.030%
- −$0.27
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$7.27
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 2 min ago; Variational Omni: RFQ quote, 2 min ago. 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 Deribit live order book, 2 min ago | 0.51 bp | 8.1 bp −$8 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.63 bp | doesn't fit | 4.0 bp −$40 | doesn't fit | doesn't fit |
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 | 96.333 | −0.892% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.050 | −0.154% | $233K | $438K | 15x | as long as short |
| BloFin BZ-USDT | −0.0003% | 4h | 97.180 | −0.021% | $1.5M | $92K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.187 | −0.013% | $338K | $933K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.238 | +0.039% | $147.2M | $367.6M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.260 | +0.062% | $10.4M | $12.7M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.260 | +0.062% | $16.0M | $20.3M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.207 | +0.007% | $2.4M | $1.7M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | 0.0000% | 1h | 97.220 | +0.021% | $33K | — | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.150 | −0.051% | $9.2M | $12.1M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDT | 0.0000% | 4h | 97.190 | −0.010% | $27.8M | $16.5M | 100x | as long as short |
| Variational Omni BZshort | 0.0000% | 4h | 97.168 | −0.033% | $9.4M | $6.8M | — | |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.187 | −0.014% | $29K | $346K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.210 | +0.010% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUALlong | 0.0000% | 1h | 97.200 | long leg | $104K | $239K | 15x | |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.140 | −0.062% | $279K | $267K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.200 | 0.000% | $1.2M | $84K | 100x | as long as short |
| edgeX BZUSDC | +0.0005% | 4h | 97.168 | −0.033% | $223K | $227K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.753 | +0.569% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0031% | 1h | 101.24 | +4.156% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.210 | +0.010% | $3.2M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.209 | +0.009% | $679K | $4.2M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.268 | +0.070% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.226 | +0.027% | $153.3M | $126.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.238 | +0.039% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.130 | −0.072% | $3.1M | $1.0M | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0063% | 1h | 97.208 | +0.008% | $82K | $208K | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.240 | +0.041% | $3.8M | $868K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.170 | −0.031% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0112% | 1h | 97.171 | −0.030% | $7K | $43K | 5x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0228% / S −0.0256% | 1h | 97.185 | −0.015% | $126K | — | 111x | as long as short |
Deribit BRENTOIL_USDC-PERPETUAL
Variational Omni BZ
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Kraken Futures PF_BRENTOILUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
GMX BRENTOIL/USD [ETH-USDC]