Funding you earn now, next payment 00:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.42 per $10,000 · paid last 24h −0.016%
Price spread now: edgeX against KuCoin−0.042%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.567% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.042%, 7d avg −0.041%
=Together, before fees−0.070%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.041%, 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 | KuCoin BZUSDTM | 95.830 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $3.7M | $1.0M | 50x |
| Short | edgeX BZUSDC | 95.790 | 0.0016 | get 0.0008% / 4h | 1h 45m | $219K | $234K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$17.56
- Price spread: −0.042% → −0.041%
- −$0.06
- Slippage, 4 orders
- −$35.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$74.37
- Costs to cover
- 0.567%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; edgeX: live order book, 37 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, 2 min ago | 1.57 bp | 16.5 bp −$16 | 57.3 bp −$573 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 37 min ago | 9.90 bp | 14.5 bp −$15 | 17.0 bp −$170 | 70.8 bp −$7,082 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps BRENT-USD.P | −0.0562% | 1h | 95.800 | −0.031% | $3.0M | $1.1M | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0408% | 1h | 95.820 | −0.010% | $33K | — | 20x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.248 | −0.607% | $8K | $7K | 30x | as long as short |
| Lighter BRENTOIL | −0.0128% | 1h | 95.840 | +0.010% | $3.3M | $4.2M | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L −0.0095% / S +0.0137% | 1h | 95.815 | −0.016% | $33K | — | 29x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.0076% | 1h | 95.826 | −0.004% | $147.4M | $147.0M | 20x | as long as short |
| RISEx BZ/USDC | −0.0075% | 1h | 95.823 | −0.007% | $2.2M | $1.3M | 20x | as long as short |
| GRVT BZ_USDT_Perp | −0.0048% | 4h | 95.823 | −0.007% | $34K | $388K | 25x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0016% | 1h | 96.050 | +0.230% | $232K | $674K | 15x | as long as short |
| Paradex BZ-USD-PERP | −0.0014% | 8h | 95.814 | −0.017% | $3K | $521 | 5x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BZUSDT | 0.0000% | 4h | 95.851 | +0.022% | $333K | $1.5M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 95.827 | −0.003% | $145.3M | $481.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 95.820 | −0.010% | $10.2M | $16.7M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 95.820 | −0.010% | $15.8M | $27.7M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 95.780 | −0.052% | $9.2M | $18.0M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 95.830 | 0.000% | $27.4M | $22.3M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 95.806 | −0.025% | $9.2M | $8.4M | — | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 95.850 | +0.021% | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 95.850 | +0.021% | $102K | $279K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 95.790 | −0.042% | $305K | $259K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 95.900 | +0.073% | $1.2M | $100K | 100x | as long as short |
| Aftermath Perps BRENTUSD | +0.0010% | 1h | 95.811 | −0.019% | $5K | $45K | 5x | as long as short |
| edgeX BZUSDCshort | +0.0016% | 4h | 95.790 | −0.042% | $219K | $234K | 20x | |
| Extended XBR-USD | +0.0032% | 1h | 95.897 | +0.069% | $670K | $5.3M | 10x | as long as short |
| BloFin BZ-USDT | +0.0036% | 4h | 95.800 | −0.031% | $1.5M | $95K | 50x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.22 | +4.581% | — | $735K | 10x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 95.867 | +0.039% | $1.5M | $529K | 20x | as long as short |
| KuCoin BZUSDTMlong | +0.0100% | 4h | 95.830 | long leg | $3.7M | $1.0M | 50x | |
| ApeX Omni BZUSDT | +0.0100% | 1h | 95.790 | −0.042% | $25K | $270K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0556% | 1h | 95.843 | +0.014% | $81K | $244K | 20x | as long as short |
KuCoin BZUSDTM
edgeX BZUSDC
Injective BRENT/USDC PERP
Lighter BRENTOIL
GMX BRENTOIL/USD [ETH-USDC]
tradeXYZ xyz:BRENTOIL
RISEx BZ/USDC
GRVT BZ_USDT_Perp
Coinbase International BRENTOIL-PERP-INTX
Paradex BZ-USD-PERP
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
Aftermath Perps BRENTUSD
Extended XBR-USD
BloFin BZ-USDT
Polymarket Perps BRENTOIL-USD
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD