Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.029%
Price spread now: SunX against KuCoin−0.041%7-day average −0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.199%−$20 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now −0.041%, 7d avg −0.001%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.040% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BZUSDTM | 97.070 | 0.0100 | pay 0.0050% / 4h | 13m 20s | $3.8M | $871K | 50x |
| Short | SunX BRENTOIL-USDT | 97.030 | 0 | get 0.0000% / 4h | 13m 20s | $4K | $2.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.041% → −0.001%
- −$3.98
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$44.98
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; SunX: live order book, 4 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 KuCoin live order book, 4 min ago | 0.51 bp | 11.4 bp −$11 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 254.17 bp | doesn't fit | doesn't fit | doesn't fit | 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 | 96.433 | −0.656% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0096% | 1h | 97.240 | +0.175% | $234K | $436K | 15x | as long as short |
| BloFin BZ-USDT | −0.0029% | 4h | 97.030 | −0.041% | $1.5M | $92K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.049 | −0.022% | $337K | $954K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.025 | −0.046% | $147.0M | $369.7M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.010 | −0.062% | $10.4M | $12.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.020 | −0.052% | $16.0M | $20.3M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.032 | −0.039% | $2.2M | $1.4M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.980 | −0.093% | $9.2M | $12.2M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.030 | −0.041% | $27.6M | $16.5M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.168 | +0.101% | $9.4M | $6.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.140 | +0.072% | $29K | $346K | 25x | as long as short |
| SunX BRENTOIL-USDTshort | 0.0000% | 4h | 97.030 | −0.041% | $4K | $2.5M | 20x | |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.030 | −0.041% | $103K | $234K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.010 | −0.062% | $278K | $268K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.260 | +0.196% | $1.2M | $84K | 100x | as long as short |
| edgeX BZUSDC | +0.0005% | 4h | 97.138 | +0.070% | $223K | $228K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.571 | +0.516% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0031% | 1h | 101.08 | +4.131% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.040 | −0.031% | $3.2M | $4.8M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.029 | −0.042% | $680K | $4.3M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.041 | −0.030% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.059 | −0.011% | $153.1M | $127.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.080 | +0.010% | $1.6M | $491K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.010 | −0.062% | $3.1M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTMlong | +0.0100% | 4h | 97.070 | long leg | $3.8M | $871K | 50x | |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.170 | +0.103% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0127% | 1h | 97.157 | +0.089% | $7K | $43K | 5x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0136% | 1h | 97.100 | +0.031% | $33K | — | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0143% | 1h | 97.031 | −0.041% | $84K | $206K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0211% / S −0.0138% | 1h | 97.020 | −0.052% | $126K | — | 111x | as long as short |
KuCoin BZUSDTM
SunX BRENTOIL-USDT
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]