Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.012%
Price spread now: ApeX Omni against Ondo Perps+0.092%52s7-day average +0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.092%, 7d avg +0.048%
=Together, before fees+0.005%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.044% dearer against Ondo Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.048%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BRENT-USD.P | 97.760 | 0.0050 | pay 0.0006% / 1h | 45m 35s | $3.1M | $999K | 15x |
| Short | ApeX Omni BZUSDT | 97.850 | 0.0100 | get 0.0013% / 1h | 45m 35s | $26K | $273K | 50x |
Ondo Perps BRENT-USD.P
ApeX Omni BZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Ondo Perps. 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
- $10.42
- Price spread: +0.092% → +0.048%
- $4.37
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$0.22
- Costs to cover
- 0.150%
- Break-even
- 7.1 days
Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 62 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 62 min ago | 8.72 bp | 20.3 bp −$20 | 199.4 bp −$1,994 | doesn't fit | doesn't fit |
Ondo 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 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 | 96.817 | −0.965% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.530 | −0.235% | $235K | $416K | 15x | as long as short |
| BloFin BZ-USDT | −0.0055% | 4h | 97.780 | +0.020% | $1.5M | $98K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.829 | +0.071% | $340K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.821 | +0.063% | $147.7M | $353.1M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.790 | +0.031% | $10.3M | $12.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.810 | +0.051% | $16.1M | $20.0M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.791 | +0.032% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.770 | +0.010% | $9.3M | $10.9M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.830 | +0.072% | $28.0M | $17.4M | 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 BZ | 0.0000% | 4h | 97.738 | −0.023% | $9.4M | $6.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.770 | +0.010% | $27K | $315K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.770 | +0.010% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.750 | −0.010% | $100K | $251K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.800 | +0.041% | $281K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.750 | −0.010% | $1.2M | $80K | 100x | as long as short |
| edgeX BZUSDC | +0.0010% | 4h | 97.792 | +0.033% | $225K | $229K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.313 | +0.566% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0012% | 1h | 101.86 | +4.194% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.820 | +0.061% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.834 | +0.076% | $678K | $3.4M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.819 | +0.060% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.833 | +0.075% | $155.0M | $119.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.804 | +0.045% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.Plong | +0.0050% | 1h | 97.760 | long leg | $3.1M | $999K | 15x | |
| Aftermath Perps BRENTUSD | +0.0083% | 1h | 97.795 | +0.036% | $7K | $41K | 5x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0096% | 1h | 97.790 | +0.031% | $34K | — | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.830 | +0.072% | $3.8M | $827K | 50x | as long as short |
| ApeX Omni BZUSDTshort | +0.0100% | 1h | 97.850 | +0.092% | $26K | $273K | 50x | |
| Kraken Futures PF_BRENTOILUSD | +0.0158% | 1h | 97.765 | +0.005% | $82K | $208K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.765 | +0.005% | $116K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Vest BZ-PERP
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
Hotstuff BRENTOIL-PERP
KuCoin BZUSDTM
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]