BZ

Alert: funding

Alert: spread

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: Variational Omni against KuCoin−0.053%7-day average −0.022% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.064%−$6 on $10k

Price spread, last 7 days+0.074%+$7 · spread now −0.053%, 7d avg −0.022%

Together, before fees+0.010%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.031% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.022%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BZUSDTM	96.990	0.0100	pay 0.0050% / 4h	1h 55m	$3.8M	$877K	50x
Short	Variational Omni BZ	96.939	0	get 0.0000% / 4h	1h 55m	$9.3M	$7.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee Variational OmnibpOrdersPrice spread, now −0.053%Rate

Funding earned: −$21
Price spread: −0.053% → −0.022%: −$3.1
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$36.1
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 2 min ago; Variational Omni: RFQ quote, 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, 2 min ago	0.51 bp	7.5 bp −$8	37.1 bp −$371	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	2.62 bp	doesn't fit	3.2 bp −$32	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
Injective BRENT/USDC PERP	−0.0220%	1h	96.207	−0.807%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0104%	1h	96.810	−0.186%	$234K	$425K	15x	as long as short
Aster BZUSDT	0.0000%	4h	96.904	−0.089%	$336K	$998K	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.938	−0.054%	$146.5M	$376.1M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.910	−0.082%	$10.3M	$13.5M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.930	−0.062%	$15.9M	$20.8M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.920	−0.072%	$2.3M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.890	−0.103%	$9.2M	$12.3M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.940	−0.052%	$27.4M	$16.2M	100x	as long as short
Variational Omni BZshort	0.0000%	4h	96.939	−0.053%	$9.3M	$7.1M	—

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	96.949	−0.042%	$37K	$343K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.950	−0.041%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.950	−0.041%	$103K	$237K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.930	−0.062%	$278K	$269K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.940	−0.052%	$1.2M	$84K	100x	as long as short
edgeX BZUSDC	+0.0002%	4h	96.941	−0.051%	$222K	$227K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.477	+0.502%	—	—	—	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.930	−0.062%	$3.3M	$4.5M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.953	−0.039%	$677K	$4.9M	10x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.99	+4.124%	—	$735K	10x	as long as short
Paradex BZ-USD-PERP	+0.0049%	8h	96.924	−0.068%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.955	−0.036%	$151.9M	$127.0M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.975	−0.015%	$1.5M	$470K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.890	−0.103%	$3.1M	$1.1M	15x	as long as short
KuCoin BZUSDTMlong	+0.0100%	4h	96.990	long leg	$3.8M	$877K	50x
ApeX Omni BZUSDT	+0.0100%	1h	96.950	−0.041%	$25K	$273K	50x	as long as short
Hotstuff BRENTOIL-PERP	+0.0104%	1h	96.980	−0.010%	$33K	—	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0180% / S +0.0066%	1h	96.935	−0.057%	$126K	—	111x	as long as short
Aftermath Perps BRENTUSD	+0.0209%	1h	96.949	−0.042%	$8K	$44K	5x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0298%	1h	96.967	−0.024%	$84K	$218K	20x	as long as short