Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.012%
Price spread now: Variational Omni against Lighter−0.014%7-day average −0.020% · 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)+0.037%+$4 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now −0.014%, 7d avg −0.020%
=Together, before fees+0.061%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BRENTOIL | 97.350 | 0.0032 | pay 0.0004% / 1h | 38m 11s | $3.3M | $3.9M | 20x |
| Short | Variational Omni BZ | 97.336 | 0 | get 0.0000% / 4h | 38m 11s | $9.5M | $6.6M | — |
Lighter BRENTOIL
Variational Omni BZFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$6.72
- Price spread: −0.014% → −0.020%
- $0.53
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$6.19
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 4 min ago; Variational Omni: RFQ quote, 1 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 Lighter live order book, 4 min ago | 0.51 bp | 0.7 bp −$1 | 1.5 bp −$15 | 9.9 bp −$991 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.62 bp | doesn't fit | 2.6 bp −$26 | 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 | 97.155 | −0.200% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.700 | +0.360% | $237K | $412K | 15x | as long as short |
| BloFin BZ-USDT | −0.0034% | 4h | 97.360 | +0.010% | $1.5M | $95K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.379 | +0.030% | $339K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.350 | 0.000% | $149.4M | $353.2M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.320 | −0.031% | $10.2M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.340 | −0.010% | $16.1M | $19.6M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.355 | +0.005% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.300 | −0.051% | $9.2M | $10.9M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.350 | 0.000% | $27.8M | $18.3M | 100x | as long as short |
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 BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZshort | 0.0000% | 4h | 97.336 | −0.014% | $9.5M | $6.6M | — | |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.340 | −0.010% | $18K | $330K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.410 | +0.062% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.360 | +0.010% | $100K | $254K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.330 | −0.021% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.530 | +0.185% | $1.2M | $87K | 100x | as long as short |
| edgeX BZUSDC | +0.0007% | 4h | 97.345 | −0.005% | $224K | $228K | 20x | as long as short |
| Vest BZ-PERP | +0.0008% | 1h | 101.45 | +4.212% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.901 | +0.566% | — | — | — | as long as short |
| Ondo Perps BRENT-USD.P | +0.0027% | 1h | 97.310 | −0.041% | $3.1M | $999K | 15x | as long as short |
| Lighter BRENTOILlong | +0.0032% | 1h | 97.350 | long leg | $3.3M | $3.9M | 20x | |
| Extended XBR-USD | +0.0032% | 1h | 97.359 | +0.009% | $738K | $3.1M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.363 | +0.013% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.378 | +0.029% | $155.2M | $114.4M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.397 | +0.048% | $1.6M | $405K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0091% | 1h | 97.405 | +0.056% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.370 | +0.021% | $3.8M | $802K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.320 | −0.031% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.375 | +0.026% | $82K | $200K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0120% | 1h | 97.420 | +0.072% | $34K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.355 | +0.005% | $116K | — | 111x | as long as short |
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
Ondo Perps BRENT-USD.P
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
Hotstuff BRENTOIL-PERP
GMX BRENTOIL/USD [ETH-USDC]