Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.026%
Price spread now: Vest against Extended+4.173%7-day average +3.270% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)−0.361%−$36 · spread now +4.173%, 7d avg +3.270%
=Together, before fees−0.376%+ Points / potential airdropExtended: Active · Vest: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.902% dearer against Extended than usual: you sell high and buy low (spread +4.173% now, against its 7-day average of +3.270%): +$90 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XBR-USD | 97.511 | 0.0032 | pay 0.0004% / 1h | 30m 51s | $680K | $3.7M | 10x |
| Short | Vest BZ-PERP | 101.58 | 0.0018 | get 0.0002% / 1h | 30m 51s | — | $735K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$2.96
- Price spread: +4.173% → +3.270%
- $90.25
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $80.29
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 3 min ago; Vest: 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, 3 min ago | 0.72 bp | 4.3 bp −$4 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | 96.783 | −0.747% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0096% | 1h | 97.530 | +0.019% | $235K | $434K | 15x | as long as short |
| BloFin BZ-USDT | −0.0025% | 4h | 97.510 | −0.001% | $1.5M | $97K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.522 | +0.011% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.514 | +0.003% | $147.7M | $363.0M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.520 | +0.009% | $10.4M | $12.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.520 | +0.009% | $16.1M | $20.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.488 | −0.024% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.470 | −0.042% | $9.2M | $11.6M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.500 | −0.011% | $28.0M | $16.5M | 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 | 97.490 | −0.022% | $9.4M | $7.0M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.487 | −0.024% | $34K | $327K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.530 | +0.019% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.510 | −0.001% | $101K | $249K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.500 | −0.011% | $280K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.500 | −0.011% | $1.2M | $83K | 100x | as long as short |
| edgeX BZUSDC | +0.0002% | 4h | 97.479 | −0.033% | $224K | $229K | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0009% | 1h | 97.519 | +0.008% | $82K | $208K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.058 | +0.561% | — | — | — | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0016% | 1h | 97.510 | −0.001% | $34K | — | 20x | as long as short |
| Vest BZ-PERPshort | +0.0018% | 1h | 101.58 | +4.173% | — | $735K | 10x | |
| Lighter BRENTOIL | +0.0032% | 1h | 97.520 | +0.009% | $3.2M | $4.6M | 20x | as long as short |
| Extended XBR-USDlong | +0.0032% | 1h | 97.511 | long leg | $680K | $3.7M | 10x | |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.513 | +0.002% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.545 | +0.035% | $154.0M | $124.3M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.562 | +0.052% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.470 | −0.042% | $3.1M | $1.0M | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.0052% | 1h | 97.540 | +0.029% | $7K | $42K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.520 | +0.009% | $3.8M | $837K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.510 | −0.001% | $26K | $274K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0312% / S −0.2547% | 1h | 97.515 | +0.004% | $115K | — | 111x | as long as short |
Extended XBR-USD
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
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Kraken Futures PF_BRENTOILUSD
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]