Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.032%
Price spread now: Aster against KuCoin+0.055%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.055%, 7d avg −0.016%
=Together, before fees−0.199%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.072% dearer against KuCoin than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of −0.016%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BZUSDTM | 97.040 | 0.0100 | pay 0.0050% / 4h | 20m 35s | $3.8M | $800K | 50x |
| Short | Aster BZUSDT | 97.094 | 0 | get 0.0000% / 4h | 20m 35s | $338K | $860K | 50x |
KuCoin BZUSDTM
Aster BZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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: +0.055% → −0.016%
- $7.15
- Slippage, 4 orders
- −$19.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$53.72
- Costs to cover
- 0.399%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Aster: live order book, 22 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 KuCoin live order book, 7 min ago | 1.03 bp | 16.7 bp −$17 | 43.5 bp −$435 | doesn't fit | doesn't fit |
| Sell Aster live order book, 22 min ago | 2.05 bp | 6.1 bp −$6 | 11.0 bp −$110 | 82.8 bp −$8,284 | doesn't fit |
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 | 96.605 | −0.448% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.110 | +0.072% | $236K | $417K | 15x | as long as short |
| Aster BZUSDTshort | 0.0000% | 4h | 97.094 | +0.055% | $338K | $860K | 50x | |
| Binance BZUSDT | 0.0000% | 4h | 97.058 | +0.018% | $148.0M | $352.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.040 | 0.000% | $10.2M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.020 | −0.021% | $16.0M | $19.4M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.029 | −0.012% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.000 | −0.041% | $9.2M | $11.1M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.070 | +0.031% | $27.8M | $18.4M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.058 | +0.019% | $9.4M | $6.1M | — | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.086 | +0.047% | $18K | $331K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.090 | +0.052% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.080 | +0.041% | $100K | $255K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.030 | −0.010% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.530 | +0.505% | $1.2M | $86K | 100x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0003% | 1h | 96.990 | −0.052% | $3.1M | $1.0M | 15x | as long as short |
| Vest BZ-PERP | +0.0009% | 1h | 101.10 | +4.184% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.626 | +0.603% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0013% | 4h | 97.075 | +0.036% | $223K | $229K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.040 | 0.000% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.061 | +0.022% | $735K | $3.0M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.042 | +0.002% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.070 | +0.031% | $154.9M | $114.8M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.091 | +0.053% | $1.6M | $405K | 20x | as long as short |
| BloFin BZ-USDT | +0.0060% | 4h | 97.070 | +0.031% | $1.5M | $98K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0096% | 1h | 97.129 | +0.091% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTMlong | +0.0100% | 4h | 97.040 | long leg | $3.8M | $800K | 50x | |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.100 | +0.062% | $25K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.083 | +0.044% | $82K | $200K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0184% | 1h | 97.100 | +0.062% | $33K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.065 | +0.026% | $115K | — | 111x | as long as short |
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
Ondo Perps BRENT-USD.P
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
BloFin BZ-USDT
Aftermath Perps BRENTUSD
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
Hotstuff BRENTOIL-PERP
GMX BRENTOIL/USD [ETH-USDC]