Funding you earn now, next payment 12:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.03 per $10,000 · paid last 24h +0.008%
Price spread now: Aftermath Perps against Lighter−0.120%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aftermath Perps is 0.120% cheaper against Lighter than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BRENTOIL | 94.460 | 0.0032 | pay 0.0004% / 1h | 50m 18s | $3.4M | $5.6M | 20x |
| Short | Aftermath Perps BRENTUSD | 94.346 | 0.0011 | get 0.0001% / 1h | 50m 18s | $7K | $37K | 5x |
Lighter BRENTOIL
Aftermath Perps BRENTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Lighter. 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
- −$4.49
- Price spread: −0.120% → 0.000%
- −$12.05
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$25.53
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 6 min ago; Aftermath Perps: no order-book sample. 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 Lighter live order book, 6 min ago | 1.59 bp | 2.3 bp −$2 | 2.8 bp −$28 | 9.9 bp −$994 | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BZ on 31 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx BZ/USDC | −0.0384% | 1h | 94.422 | −0.040% | $2.2M | $2.6M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.0336% | 1h | 94.431 | −0.030% | $107K | $274K | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0279% | 1h | 94.430 | −0.032% | $29K | $384K | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0080% | 1h | 94.150 | −0.328% | $246K | $1.0M | 15x | as long as short |
| Bybit BZUSDT | −0.0058% | 8h | 94.580 | +0.127% | $10.3M | $17.6M | 100x | as long as short |
| BloFin BZ-USDT | −0.0048% | 4h | 94.420 | −0.042% | $1.5M | $123K | 50x | as long as short |
| Binance BZUSDT | −0.0023% | 4h | 94.447 | −0.014% | $145.5M | $464.7M | 100x | as long as short |
| edgeX BZUSDC | −0.0015% | 4h | 94.347 | −0.120% | $217K | $230K | 20x | as long as short |
| GRVT BZ_USDT_Perp | −0.0006% | 4h | 94.370 | −0.095% | $16K | $307K | 25x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 94.508 | +0.051% | $324K | $631K | 50x | as long as short |
RISEx BZ/USDC
Kraken Futures PF_BRENTOILUSD
Deribit BRENTOIL_USDC-PERPETUAL
Coinbase International BRENTOIL-PERP-INTX
Bybit BZUSDT
BloFin BZ-USDT
Binance BZUSDT
edgeX BZUSDC
GRVT BZ_USDT_Perp
Aster BZUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 94.820 | +0.381% | $15.7M | $29.2M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 94.440 | −0.021% | $8.9M | $13.0M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 94.680 | +0.233% | $27.5M | $30.7M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 94.410 | −0.053% | $8.9M | $6.7M | — | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 94.440 | −0.021% | $4K | $1.6M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 94.340 | −0.127% | $242K | $312K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 94.400 | −0.064% | $1.2M | $93K | 100x | as long as short |
| Aftermath Perps BRENTUSDshort | +0.0011% | 1h | 94.346 | −0.120% | $7K | $37K | 5x | |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 94.948 | +0.517% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0017% | 1h | 98.100 | +3.853% | — | $736K | 10x | as long as short |
| Lighter BRENTOILlong | +0.0032% | 1h | 94.460 | long leg | $3.4M | $5.6M | 20x | |
| Extended XBR-USD | +0.0032% | 1h | 94.485 | +0.026% | $762K | $3.9M | 10x | as long as short |
| Injective BRENT/USDC PERP | +0.0033% | 1h | 94.836 | +0.398% | $8K | $7K | 30x | as long as short |
| Paradex BZ-USD-PERP | +0.0038% | 8h | 94.471 | +0.012% | $2K | $2K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 94.480 | +0.021% | $140.8M | $184.2M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 94.452 | −0.008% | $1.5M | $505K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 94.380 | −0.085% | $3.0M | $1.2M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 94.440 | −0.021% | $3.4M | $1.1M | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 94.420 | −0.042% | $25K | $274K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0166% / S −0.0429% | 1h | 94.425 | −0.037% | $22K | — | 111x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0184% | 1h | 94.480 | +0.021% | $33K | — | 20x | as long as short |
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
gTrade (Gains Network) BRENT/USD
Vest BZ-PERP
Extended XBR-USD
Injective BRENT/USDC PERP
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]
Hotstuff BRENTOIL-PERP