Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against SunX−0.021%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.021%, 7d avg −0.016%
=The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BRENTOIL-USDT | 97.380 | 0 | get 0.0000% / 4h | 3h 27m | $4K | $2.5M | 20x |
| Short | ApeX Omni BZUSDT | 97.360 | 0.0100 | get 0.0013% / 1h | 27m 15s | $26K | $274K | 50x |
SunX BRENTOIL-USDT
ApeX Omni BZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against SunX. 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
- $21
- Price spread: −0.021% → −0.016%
- −$0.47
- Slippage, 4 orders
- −$73.18
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$70.65
- Costs to cover
- 0.912%
- Break-even
- 30.5 days
Slippage from SunX: live order book, 10 min ago; ApeX Omni: live order book, 25 min ago.
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 SunX live order book, 10 min ago | 18.48 bp | 22.5 bp −$22 | 30.5 bp −$305 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 25 min ago | 8.74 bp | 21.3 bp −$21 | 180.9 bp −$1,809 | 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 | 96.628 | −0.772% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.270 | −0.113% | $233K | $439K | 15x | as long as short |
| BloFin BZ-USDT | −0.0001% | 4h | 97.350 | −0.031% | $1.5M | $91K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.360 | −0.021% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.361 | −0.019% | $147.3M | $367.1M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.350 | −0.031% | $10.4M | $12.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.340 | −0.041% | $16.1M | $20.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.344 | −0.037% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.320 | −0.062% | $9.2M | $12.2M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.360 | −0.021% | $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 | 97.338 | −0.043% | $9.3M | $6.9M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.368 | −0.012% | $29K | $307K | 25x | as long as short |
| SunX BRENTOIL-USDTlong | 0.0000% | 4h | 97.380 | long leg | $4K | $2.5M | 20x | |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.360 | −0.021% | $104K | $245K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.320 | −0.062% | $279K | $267K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.450 | +0.072% | $1.2M | $82K | 100x | as long as short |
| edgeX BZUSDC | +0.0007% | 4h | 97.347 | −0.034% | $223K | $226K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.903 | +0.538% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0027% | 1h | 101.41 | +4.138% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.360 | −0.021% | $3.2M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.367 | −0.013% | $680K | $4.1M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.350 | −0.030% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.372 | −0.008% | $153.8M | $126.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.402 | +0.023% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.310 | −0.072% | $3.1M | $1.0M | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0063% | 1h | 97.388 | +0.008% | $82K | $208K | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.420 | +0.041% | $3.8M | $853K | 50x | as long as short |
| ApeX Omni BZUSDTshort | +0.0100% | 1h | 97.360 | −0.021% | $26K | $274K | 50x | |
| Aftermath Perps BRENTUSD | +0.0104% | 1h | 97.375 | −0.005% | $7K | $43K | 5x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0104% | 1h | 97.360 | −0.021% | $34K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0253% / S −0.1313% | 1h | 97.355 | −0.026% | $115K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
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
Ondo Perps BRENT-USD.P
Kraken Futures PF_BRENTOILUSD
KuCoin BZUSDTM
Aftermath Perps BRENTUSD
Hotstuff BRENTOIL-PERP
GMX BRENTOIL/USD [ETH-USDC]