Funding you earn now, next payment 06:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h −0.030%
Price spread now: Vest against Ondo Perps+4.228%7-day average +3.322% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.144%−$14 on $10k
+Price spread, last 4 days (all we have)−0.306%−$31 · spread now +4.228%, 7d avg +3.322%
=Together, before fees−0.450%+ Points / potential airdropOndo Perps: Active · Vest: Active · farm board−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.906% dearer against Ondo Perps than usual: you sell high and buy low (spread +4.228% now, against its 7-day average of +3.322%): +$91 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 3 days (−0.144% in total) that is about 22 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BRENT-USD.P | 97.450 | 0.0050 | pay 0.0006% / 1h | 50m 16s | $3.1M | $1.0M | 15x |
| Short | Vest BZ-PERP | 101.57 | 0.0020 | get 0.0003% / 1h | 50m 16s | — | $735K | 10x |
Ondo Perps BRENT-USD.P
Vest BZ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$6.33
- Price spread: +4.228% → +3.322%
- $90.62
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $77.28
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Vest: 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Ondo Perps and Vest: 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 | 96.684 | −0.786% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0096% | 1h | 97.460 | +0.010% | $237K | $443K | 15x | as long as short |
| BloFin BZ-USDT | −0.0030% | 4h | 97.510 | +0.062% | $1.5M | $97K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.467 | +0.018% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.482 | +0.032% | $147.5M | $364.7M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.490 | +0.041% | $10.4M | $12.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.510 | +0.062% | $16.1M | $20.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.490 | +0.041% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.470 | +0.021% | $9.2M | $11.6M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.510 | +0.062% | $28.0M | $16.6M | 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 | 97.488 | +0.039% | $9.3M | $6.9M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.497 | +0.048% | $26K | $315K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.530 | +0.082% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.490 | +0.041% | $101K | $249K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.450 | 0.000% | $280K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.510 | +0.062% | $1.2M | $83K | 100x | as long as short |
| edgeX BZUSDC | +0.0002% | 4h | 97.457 | +0.007% | $224K | $228K | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0009% | 1h | 97.498 | +0.050% | $82K | $208K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.039 | +0.604% | — | — | — | as long as short |
| Vest BZ-PERPshort | +0.0020% | 1h | 101.57 | +4.228% | — | $735K | 10x | |
| Lighter BRENTOIL | +0.0032% | 1h | 97.480 | +0.031% | $3.2M | $4.6M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.502 | +0.054% | $680K | $3.9M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.507 | +0.059% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.506 | +0.057% | $153.8M | $125.4M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.524 | +0.076% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.Plong | +0.0050% | 1h | 97.450 | long leg | $3.1M | $1.0M | 15x | |
| Aftermath Perps BRENTUSD | +0.0058% | 1h | 97.483 | +0.034% | $7K | $42K | 5x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0088% | 1h | 97.520 | +0.072% | $34K | — | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.550 | +0.103% | $3.8M | $837K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.500 | +0.051% | $26K | $274K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0292% / S −0.2129% | 1h | 97.495 | +0.046% | $115K | — | 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
Kraken Futures PF_BRENTOILUSD
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
Hotstuff BRENTOIL-PERP
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]