BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.027%

Price spread now: ApeX Omni against gTrade (Gains Network)−0.421%67s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.421% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.421% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$42 on $10k: about 16 days of funding at the current rate (+$3 a day). The two prices were read 67 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	gTrade (Gains Network) BRENT/USD	98.103	L +0.0011% / S −0.0011%	pay 0.0001% / 1h	6m 21s	—	—	—
Short	ApeX Omni BZUSDT	97.690	0.0100	get 0.0013% / 1h	6m 21s	$26K	$274K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee ApeX OmnibpOrdersPrice spread, now −0.421%Rate

Funding earned: $18.6
Price spread: −0.421% → 0.000%: −$42.08
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$43.48
Costs to cover: 0.200%
Break-even: 23.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; ApeX Omni: live order book, 41 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 41 min ago	8.72 bp	20.3 bp −$20	199.4 bp −$1,994	doesn't fit	doesn't fit

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	96.939	−1.186%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0096%	1h	97.530	−0.584%	$235K	$426K	15x	as long as short
Hotstuff BRENTOIL-PERP	−0.0024%	1h	97.640	−0.472%	$34K	—	20x	as long as short
BloFin BZ-USDT	−0.0001%	4h	97.560	−0.553%	$1.5M	$95K	50x	as long as short
Aster BZUSDT	0.0000%	4h	97.568	−0.545%	$339K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.560	−0.553%	$147.5M	$358.2M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.550	−0.563%	$10.3M	$12.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.550	−0.563%	$16.1M	$20.5M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.528	−0.586%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.520	−0.594%	$9.3M	$11.7M	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	97.570	−0.543%	$27.7M	$17.2M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.668	−0.443%	$9.4M	$7.0M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.687	−0.424%	$34K	$307K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.570	−0.543%	$4K	$2.4M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.540	−0.574%	$100K	$249K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.630	−0.482%	$280K	$253K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.540	−0.574%	$1.2M	$81K	100x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0009%	1h	97.557	−0.557%	$82K	$208K	20x	as long as short
gTrade (Gains Network) BRENT/USDlong	L +0.0011% / S −0.0011%	1h	98.103	long leg	—	—	—
Vest BZ-PERP	+0.0014%	1h	101.63	+3.595%	—	$735K	10x	as long as short
edgeX BZUSDC	+0.0018%	4h	97.666	−0.445%	$225K	$227K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.540	−0.574%	$3.2M	$4.7M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.558	−0.555%	$681K	$3.6M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.542	−0.572%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.578	−0.535%	$154.3M	$122.8M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.600	−0.513%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.520	−0.594%	$3.1M	$998K	15x	as long as short
Aftermath Perps BRENTUSD	+0.0075%	1h	97.610	−0.502%	$7K	$42K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.590	−0.523%	$3.8M	$832K	50x	as long as short
ApeX Omni BZUSDTshort	+0.0100%	1h	97.690	−0.421%	$26K	$274K	50x
GMX BRENTOIL/USD [ETH-USDC]	L +0.0328% / S −0.2771%	1h	97.555	−0.558%	$116K	—	111x	as long as short