Funding you earn now, next payment 04:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.03 per $10,000 · paid last 24h −0.011%
Price spread now: gTrade (Gains Network) against Extended+0.561%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. gTrade (Gains Network) is 0.561% dearer against Extended than usual: you sell high and buy low (spread +0.561% now, against zero (this spread has no 7-day history yet)): +$56 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XBR-USD | 97.175 | 0.0032 | pay 0.0004% / 1h | 18m 07s | $680K | $4.4M | 10x |
| Short | gTrade (Gains Network) BRENT/USD | 97.720 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 18m 07s | — | — | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Extended. 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
- −$4.38
- Price spread: +0.561% → 0.000%
- $56.11
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $36.73
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 6 min ago; gTrade (Gains Network): 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 Extended live order book, 6 min ago | 0.82 bp | 6.1 bp −$6 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | 96.571 | −0.621% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0096% | 1h | 97.240 | +0.067% | $234K | $436K | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0016% | 1h | 97.230 | +0.057% | $33K | — | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.206 | +0.032% | $338K | $954K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.172 | −0.003% | $147.1M | $369.7M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.170 | −0.005% | $10.4M | $12.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.170 | −0.005% | $16.1M | $20.3M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.167 | −0.008% | $2.2M | $1.4M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.120 | −0.056% | $9.2M | $12.2M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.190 | +0.016% | $27.6M | $16.4M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.177 | +0.002% | $9.4M | $6.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.210 | +0.036% | $29K | $361K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.180 | +0.005% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.180 | +0.005% | $104K | $232K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.120 | −0.056% | $279K | $268K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.330 | +0.160% | $1.2M | $84K | 100x | as long as short |
| edgeX BZUSDC | +0.0007% | 4h | 97.189 | +0.014% | $223K | $227K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | L +0.0011% / S −0.0011% | 1h | 97.720 | +0.561% | — | — | — | |
| Vest BZ-PERP | +0.0032% | 1h | 101.20 | +4.142% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.190 | +0.016% | $3.3M | $4.7M | 20x | as long as short |
| Extended XBR-USDlong | +0.0032% | 1h | 97.175 | long leg | $680K | $4.4M | 10x | |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.175 | 0.000% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.222 | +0.049% | $153.5M | $127.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.228 | +0.055% | $1.6M | $491K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.120 | −0.056% | $3.1M | $1.1M | 15x | as long as short |
| BloFin BZ-USDT | +0.0054% | 4h | 97.170 | −0.005% | $1.5M | $91K | 50x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.220 | +0.047% | $3.8M | $871K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.210 | +0.036% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0116% | 1h | 97.242 | +0.069% | $7K | $43K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0142% | 1h | 97.205 | +0.031% | $84K | $206K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0207% / S −0.0109% | 1h | 97.165 | −0.010% | $126K | — | 111x | as long as short |
Extended XBR-USD
gTrade (Gains Network) BRENT/USD
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Lighter BRENTOIL
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
BloFin BZ-USDT
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]