Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.021%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 7 days+0.074%+$7 · spread now +0.021%, 7d avg +0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.030% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BZ_USDT | 96.750 | 0 | get 0.0000% / 8h | 6h 26m | $9.2M | $12.7M | 100x |
| Short | Bybit BZUSDT | 96.770 | 0 | get 0.0000% / 8h | 6h 26m | $10.3M | $14.0M | 100x |
Gate BZ_USDT
Bybit BZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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: +0.021% → +0.051%
- −$3
- Slippage, 4 orders
- −$13.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$42.71
- Costs to cover
- 0.397%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 2 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 Gate live order book, 2 min ago | 1.03 bp | 10.5 bp −$11 | 20.5 bp −$205 | 31.0 bp −$3,097 | 42.7 bp −$21.4K |
| Sell Bybit live order book, 2 min ago | 0.52 bp | 9.0 bp −$9 | 12.6 bp −$126 | 85.2 bp −$8,515 | doesn't fit |
BZ on 30 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 | 96.070 | −0.703% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0136% | 1h | 96.810 | +0.062% | $234K | $426K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.806 | +0.058% | $336K | $1.2M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.790 | +0.041% | $146.3M | $382.6M | 100x | as long as short |
| Bybit BZUSDTshort | 0.0000% | 8h | 96.770 | +0.021% | $10.3M | $14.0M | 100x | |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.770 | +0.021% | $15.9M | $22.1M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 96.769 | +0.019% | $2.2M | $1.3M | 20x | as long as short |
| Gate BZ_USDTlong | 0.0000% | 8h | 96.750 | long leg | $9.2M | $12.7M | 100x | |
| Bitget BZUSDT | 0.0000% | 4h | 96.790 | +0.041% | $27.6M | $16.3M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 96.810 | +0.062% | $9.3M | $7.2M | — | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Bitget BZUSDT
Variational Omni BZShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.802 | +0.054% | $24K | $341K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.810 | +0.062% | $4K | $2.6M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.800 | +0.052% | $103K | $271K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.770 | +0.021% | $278K | $269K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.780 | +0.031% | $1.2M | $83K | 100x | as long as short |
| edgeX BZUSDC | +0.0008% | 4h | 96.790 | +0.041% | $222K | $227K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.325 | +0.594% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.790 | +0.041% | $3.3M | $4.4M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 96.800 | +0.051% | $673K | $5.1M | 10x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.83 | +4.217% | — | $735K | 10x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0048% | 1h | 96.810 | +0.062% | $33K | — | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0048% | 8h | 96.785 | +0.036% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.815 | +0.067% | $151.6M | $129.3M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.857 | +0.111% | $1.5M | $471K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 96.750 | 0.000% | $3.1M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.860 | +0.114% | $3.8M | $889K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.820 | +0.072% | $25K | $273K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0206% / S +0.0093% | 1h | 96.785 | +0.036% | $126K | — | 111x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0253% | 1h | 96.806 | +0.057% | $83K | $218K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0259% | 1h | 96.814 | +0.066% | $7K | $44K | 5x | as long as short |
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Vest BZ-PERP
Hotstuff BRENTOIL-PERP
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]
Kraken Futures PF_BRENTOILUSD
Aftermath Perps BRENTUSD