Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: SunX against Phemex−0.134%7-day average −0.195% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.463%−$46 on $10k
+Price spread, last 4 days (all we have)−0.195%−$19 · spread now −0.134%, 7d avg −0.195%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.061% dearer against Phemex than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.195%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XBRUSDT | 97.330 | 0 | get 0.0000% / 4h | 16m 18s | $1.2M | $84K | 100x |
| Short | SunX BRENTOIL-USDT | 97.200 | 0 | get 0.0000% / 4h | 16m 18s | $4K | $2.5M | 20x |
Phemex XBRUSDT
SunX BRENTOIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.134% → −0.195%
- $6.14
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$13.86
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; SunX: live order book, 11 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 Phemex live order book, 1 min ago | 8.73 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 18.51 bp | 26.4 bp −$26 | 35.1 bp −$351 | 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 | 96.433 | −0.922% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0096% | 1h | 97.240 | −0.092% | $234K | $436K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.220 | −0.113% | $338K | $954K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.190 | −0.144% | $147.2M | $369.9M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.180 | −0.154% | $10.4M | $12.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.190 | −0.144% | $16.1M | $20.3M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.189 | −0.145% | $2.2M | $1.4M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.140 | −0.195% | $9.2M | $12.2M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.200 | −0.134% | $27.7M | $16.5M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.177 | −0.157% | $9.4M | $6.8M | — | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.176 | −0.158% | $29K | $361K | 25x | as long as short |
| SunX BRENTOIL-USDTshort | 0.0000% | 4h | 97.200 | −0.134% | $4K | $2.5M | 20x | |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.200 | −0.134% | $104K | $233K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.120 | −0.216% | $279K | $268K | 75x | as long as short |
| Phemex XBRUSDTlong | 0.0000% | 4h | 97.330 | long leg | $1.2M | $84K | 100x | |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.740 | +0.421% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0016% | 4h | 97.148 | −0.187% | $223K | $228K | 20x | as long as short |
| Vest BZ-PERP | +0.0032% | 1h | 101.22 | +3.997% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.200 | −0.134% | $3.3M | $4.8M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.198 | −0.136% | $680K | $4.4M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.196 | −0.138% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.227 | −0.106% | $153.4M | $127.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.239 | −0.093% | $1.6M | $491K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.140 | −0.195% | $3.1M | $1.1M | 15x | as long as short |
| BloFin BZ-USDT | +0.0053% | 4h | 97.160 | −0.175% | $1.5M | $91K | 50x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.240 | −0.092% | $3.8M | $870K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.180 | −0.154% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0119% | 1h | 97.221 | −0.112% | $7K | $43K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0142% | 1h | 97.207 | −0.126% | $84K | $206K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0144% | 1h | 97.260 | −0.072% | $34K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0208% / S −0.0120% | 1h | 97.185 | −0.149% | $126K | — | 111x | as long as short |
GRVT BZ_USDT_Perp
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Vest BZ-PERP
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
BloFin BZ-USDT
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
Kraken Futures PF_BRENTOILUSD
Hotstuff BRENTOIL-PERP
GMX BRENTOIL/USD [ETH-USDC]