Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.031%
Price spread now: ApeX Omni against GRVT+0.001%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$600.602% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 3 days (all we have)−0.004%$0 · spread now +0.001%, 7d avg −0.003%
=Together, before fees+0.202%+ Points / potential airdropGRVT: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BZ_USDT_Perp | 96.259 | 0 | get 0.0000% / 4h | 22m 05s | $34K | $375K | 25x |
| Short | ApeX Omni BZUSDT | 96.260 | 0.0100 | get 0.0013% / 1h | 22m 05s | $25K | $271K | 50x |
GRVT BZ_USDT_Perp
ApeX Omni BZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GRVT. 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
- $21
- Price spread: +0.001% → −0.003%
- $0.4
- Slippage, 4 orders
- −$41.22
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$38.82
- Costs to cover
- 0.602%
- Break-even
- 19.9 days
Slippage from GRVT: live order book, 55 min ago; ApeX Omni: live order book, 55 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 GRVT live order book, 55 min ago | 0.52 bp | 16.1 bp −$16 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 55 min ago | 8.85 bp | 19.9 bp −$20 | 180.9 bp −$1,809 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BRENTOIL/USD [ETH-USDC] | L −0.0848% / S +0.0467% | 1h | 96.175 | −0.088% | $120K | — | 111x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.348 | −0.947% | $8K | $7K | 30x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0062% | 1h | 96.210 | −0.051% | $103K | $275K | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0040% | 1h | 96.070 | −0.197% | $232K | $570K | 15x | as long as short |
| BloFin BZ-USDT | −0.0039% | 4h | 96.200 | −0.062% | $1.5M | $96K | 50x | as long as short |
| RISEx BZ/USDC | −0.0020% | 1h | 96.185 | −0.077% | $2.2M | $1.3M | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.210 | −0.051% | $334K | $1.2M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.180 | −0.082% | $145.8M | $455.4M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.200 | −0.062% | $10.3M | $16.0M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.180 | −0.082% | $15.8M | $26.7M | 50x | as long as short |
GMX BRENTOIL/USD [ETH-USDC]
Injective BRENT/USDC PERP
Deribit BRENTOIL_USDC-PERPETUAL
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
RISEx BZ/USDC
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BZ_USDT | 0.0000% | 8h | 96.150 | −0.114% | $9.2M | $16.4M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.190 | −0.072% | $27.6M | $20.6M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 96.254 | −0.006% | $9.3M | $7.8M | — | as long as short |
| GRVT BZ_USDT_Perplong | 0.0000% | 4h | 96.259 | long leg | $34K | $375K | 25x | |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.200 | −0.062% | $4K | $2.7M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.150 | −0.114% | $306K | $249K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.360 | +0.105% | $1.2M | $94K | 100x | as long as short |
| edgeX BZUSDC | +0.0003% | 4h | 96.249 | −0.011% | $220K | $232K | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0025% | 8h | 96.178 | −0.085% | $3K | $521 | 5x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 99.790 | +3.668% | — | $735K | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.233 | −0.027% | $151.1M | $144.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.254 | −0.006% | $1.5M | $527K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0071% | 1h | 96.270 | +0.011% | $6K | $44K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.110 | −0.155% | $3.8M | $988K | 50x | as long as short |
| ApeX Omni BZUSDTshort | +0.0100% | 1h | 96.260 | +0.001% | $25K | $271K | 50x | |
| Hotstuff BRENTOIL-PERP | +0.0112% | 1h | 96.260 | +0.001% | $33K | — | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 96.226 | −0.034% | $83K | $234K | 20x | as long as short |
| Lighter BRENTOIL | +0.0312% | 1h | 96.240 | −0.020% | $3.3M | $4.3M | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0391% | 1h | 96.160 | −0.103% | $3.1M | $1.1M | 15x | as long as short |
| Extended XBR-USD | +0.0616% | 1h | 96.109 | −0.156% | $670K | $5.2M | 10x | as long as short |
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Paradex BZ-USD-PERP
Vest BZ-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
Hotstuff BRENTOIL-PERP
Kraken Futures PF_BRENTOILUSD
Lighter BRENTOIL
Ondo Perps BRENT-USD.P
Extended XBR-USD