Funding you earn now, next payment 08:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.027%
Price spread now: KuCoin against edgeX−0.131%53s7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$580.578% of the position
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 4 days (all we have)+0.168%+$17 · spread now −0.131%, 7d avg +0.046%
=Together, before fees+0.319%+ Points / potential airdropedgeX: Active · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.176% cheaper against edgeX than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of +0.046%). If the spread goes back, that is −$18 on $10k: about 6.4 days of funding at the current rate (+$3 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BZUSDC | 97.617 | 0.0008 | pay 0.0004% / 4h | 1h 12m | $225K | $229K | 20x |
| Short | KuCoin BZUSDTM | 97.490 | 0.0100 | get 0.0050% / 4h | 1h 12m | $3.8M | $813K | 50x |
edgeX BZUSDC
KuCoin BZUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- $19.41
- Price spread: −0.131% → +0.046%
- −$17.62
- Slippage, 4 orders
- −$36.79
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$56
- Costs to cover
- 0.578%
- Break-even
- 27.2 days
Slippage from edgeX: live order book, 29 min ago; KuCoin: live order book, 5 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 edgeX live order book, 29 min ago | 10.23 bp | 14.7 bp −$15 | 15.6 bp −$156 | 64.7 bp −$6,468 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 1.02 bp | 12.0 bp −$12 | 37.5 bp −$375 | 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 | 96.970 | −0.663% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.700 | +0.085% | $237K | $417K | 15x | as long as short |
| BloFin BZ-USDT | −0.0005% | 4h | 97.500 | −0.120% | $1.5M | $96K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.536 | −0.084% | $339K | $880K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.523 | −0.096% | $148.0M | $352.5M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.500 | −0.120% | $10.4M | $13.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.520 | −0.100% | $16.1M | $19.7M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.521 | −0.098% | $2.4M | $1.7M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | 0.0000% | 1h | 97.610 | −0.008% | $34K | — | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.460 | −0.161% | $9.3M | $11.2M | 100x | as long as short |
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
Hotstuff BRENTOIL-PERP
Gate BZ_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDT | 0.0000% | 4h | 97.500 | −0.120% | $27.8M | $17.5M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.658 | +0.041% | $9.4M | $6.9M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.598 | −0.020% | $30K | $316K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.570 | −0.049% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.500 | −0.120% | $100K | $252K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.660 | +0.044% | $280K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.520 | −0.100% | $1.2M | $86K | 100x | as long as short |
| edgeX BZUSDClong | +0.0008% | 4h | 97.617 | long leg | $225K | $229K | 20x | |
| Vest BZ-PERP | +0.0009% | 1h | 101.67 | +4.151% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.060 | +0.454% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.520 | −0.100% | $3.3M | $4.1M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.513 | −0.107% | $683K | $3.2M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.517 | −0.103% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.540 | −0.079% | $155.0M | $116.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.564 | −0.055% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.460 | −0.161% | $3.1M | $1.0M | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.0100% | 1h | 97.655 | +0.039% | $7K | $41K | 5x | as long as short |
| KuCoin BZUSDTMshort | +0.0100% | 4h | 97.490 | −0.131% | $3.8M | $813K | 50x | |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.610 | −0.008% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0158% | 1h | 97.504 | −0.116% | $82K | $205K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.505 | −0.115% | $116K | — | 111x | as long as short |
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Aftermath Perps BRENTUSD
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]