Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Ondo Perps against Phemex−0.574%7-day average −0.250% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.346%−$35 on $10k
+Price spread, last 4 days (all we have)+0.267%+$27 · spread now −0.574%, 7d avg −0.250%
=Together, before fees−0.078%+ Points / potential airdropOndo Perps: Active · farm board−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.324% cheaper against Phemex than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of −0.250%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XBRUSDT | 97.540 | 0 | get 0.0000% / 4h | 17m 06s | $1.2M | $86K | 100x |
| Short | Ondo Perps BRENT-USD.P | 96.980 | 0 | get 0.0000% / 1h | 17m 06s | $3.1M | $1.0M | 15x |
Phemex XBRUSDT
Ondo Perps BRENT-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Phemex. 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
- $0
- Price spread: −0.574% → −0.250%
- −$32.4
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$49.4
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; Ondo 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 Phemex live order book, 1 min ago | 2.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 | 96.342 | −1.228% | $8K | $7K | 30x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0059% | 1h | 97.050 | −0.502% | $100K | $256K | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.110 | −0.441% | $236K | $416K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.126 | −0.425% | $338K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.090 | −0.461% | $148.1M | $352.0M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.080 | −0.472% | $10.3M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.060 | −0.492% | $16.0M | $19.5M | 50x | as long as short |
| Ondo Perps BRENT-USD.Pshort | 0.0000% | 1h | 96.980 | −0.574% | $3.1M | $1.0M | 15x | |
| RISEx BZ/USDC | 0.0000% | 1h | 96.993 | −0.561% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.000 | −0.554% | $9.2M | $11.1M | 100x | as long as short |
Injective BRENT/USDC PERP
Deribit BRENTOIL_USDC-PERPETUAL
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDT | 0.0000% | 4h | 97.070 | −0.482% | $27.8M | $18.4M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.058 | −0.494% | $9.4M | $6.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.088 | −0.464% | $18K | $331K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.050 | −0.502% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.000 | −0.554% | $278K | $254K | 75x | as long as short |
| Phemex XBRUSDTlong | 0.0000% | 4h | 97.540 | long leg | $1.2M | $86K | 100x | |
| Vest BZ-PERP | +0.0010% | 1h | 101.09 | +3.640% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.616 | +0.078% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0016% | 4h | 97.047 | −0.505% | $223K | $229K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.070 | −0.482% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.087 | −0.465% | $735K | $3.0M | 10x | as long as short |
| BloFin BZ-USDT | +0.0042% | 4h | 96.990 | −0.564% | $1.5M | $98K | 50x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.002 | −0.552% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.095 | −0.456% | $155.0M | $115.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.072 | −0.480% | $1.6M | $405K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0095% | 1h | 97.097 | −0.454% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.050 | −0.502% | $3.8M | $803K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.090 | −0.461% | $25K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.056 | −0.496% | $82K | $200K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0192% | 1h | 97.150 | −0.400% | $33K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.045 | −0.507% | $115K | — | 111x | as long as short |
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
BloFin BZ-USDT
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]