Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.029%
Price spread now: KuCoin against Variational Omni+0.041%7-day average +0.021% · 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)+0.064%+$6 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.041%, 7d avg +0.021%
=Together, before fees+0.003%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.021% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BZ | 96.430 | 0 | get 0.0000% / 4h | 3h 31m | $9.3M | $7.5M | — |
| Short | KuCoin BZUSDTM | 96.470 | 0.0100 | get 0.0050% / 4h | 3h 31m | $3.8M | $986K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Variational Omni. 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: +0.041% → +0.021%
- $2.06
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $11.06
- Costs to cover
- 0.120%
- Break-even
- 3.3 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; KuCoin: live order book, 6 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 Variational Omni RFQ quote, 3 min ago | 2.63 bp | doesn't fit | 5.1 bp −$51 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 0.52 bp | 13.5 bp −$14 | 41.7 bp −$417 | 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 | 95.669 | −0.789% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0136% | 1h | 96.070 | −0.373% | $232K | $468K | 15x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L −0.0099% / S +0.0137% | 1h | 96.445 | +0.016% | $33K | — | 111x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.456 | +0.027% | $335K | $1.2M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.440 | +0.010% | $145.6M | $424.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.420 | −0.010% | $10.4M | $15.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.440 | +0.010% | $15.9M | $25.3M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 96.431 | +0.002% | $2.2M | $1.3M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.400 | −0.031% | $9.2M | $14.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.440 | +0.010% | $27.6M | $19.8M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZlong | 0.0000% | 4h | 96.430 | long leg | $9.3M | $7.5M | — | |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.460 | +0.031% | $24K | $375K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.450 | +0.021% | $4K | $2.6M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.460 | +0.031% | $103K | $271K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.410 | −0.021% | $307K | $226K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.470 | +0.041% | $1.2M | $94K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 96.968 | +0.558% | — | — | — | as long as short |
| BloFin BZ-USDT | +0.0014% | 4h | 96.450 | +0.021% | $1.5M | $95K | 50x | as long as short |
| edgeX BZUSDC | +0.0014% | 4h | 96.470 | +0.042% | $221K | $233K | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0020% | 1h | 96.463 | +0.034% | $83K | $235K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0028% | 1h | 96.390 | −0.042% | $3.1M | $1.1M | 15x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.440 | +0.010% | $3.4M | $4.3M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 96.440 | +0.010% | $746K | $5.4M | 10x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0040% | 1h | 96.470 | +0.041% | $33K | — | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0042% | 8h | 96.441 | +0.011% | $3K | $521 | 5x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.52 | +4.241% | — | $735K | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.471 | +0.042% | $151.5M | $142.3M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.503 | +0.076% | $1.5M | $511K | 20x | as long as short |
| KuCoin BZUSDTMshort | +0.0100% | 4h | 96.470 | +0.041% | $3.8M | $986K | 50x | |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.490 | +0.062% | $25K | $272K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0444% | 1h | 96.487 | +0.059% | $7K | $45K | 5x | as long as short |
Variational Omni BZ
KuCoin BZUSDTM
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
GMX BRENTOIL/USD [ETH-USDC]
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
gTrade (Gains Network) BRENT/USD
BloFin BZ-USDT
edgeX BZUSDC
Kraken Futures PF_BRENTOILUSD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD