Funding you earn now, next payment 01:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.04 per $10,000 · paid last 24h +0.028%
Price spread now: gTrade (Gains Network) against Vest−3.521%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 3.521% cheaper against Vest than usual: you would sell low and buy high (−$352 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BZ-PERP | 100.30 | 0.0046 | pay 0.0006% / 1h | 52m 35s | — | $735K | 10x |
| Short | gTrade (Gains Network) BRENT/USD | 96.769 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 52m 35s | — | — | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Vest. 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
- −$7.25
- Price spread: −3.521% → 0.000%
- −$352.05
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$371.31
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; gTrade (Gains Network): 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 Vest no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Vest and gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BRENTOIL/USD [ETH-USDC] | L −0.0848% / S +0.0467% | 1h | 96.215 | −4.073% | $120K | — | 111x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.510 | −4.776% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0136% | 1h | 96.070 | −4.217% | $232K | $483K | 15x | as long as short |
| GRVT BZ_USDT_Perp | −0.0066% | 4h | 96.139 | −4.149% | $34K | $365K | 25x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.210 | −4.078% | $334K | $1.2M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.190 | −4.098% | $145.7M | $439.0M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.190 | −4.098% | $10.4M | $16.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.180 | −4.108% | $15.8M | $25.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 96.189 | −4.099% | $2.2M | $1.3M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | 0.0000% | 1h | 96.270 | −4.018% | $33K | — | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BZ_USDT | 0.0000% | 8h | 96.150 | −4.138% | $9.2M | $14.2M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.200 | −4.088% | $27.6M | $20.1M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 96.142 | −4.146% | $9.3M | $7.7M | — | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.220 | −4.068% | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.250 | −4.038% | $103K | $272K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.140 | −4.148% | $306K | $229K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.360 | −3.928% | $1.2M | $94K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | L +0.0011% / S −0.0011% | 1h | 96.769 | −3.521% | — | — | — | |
| edgeX BZUSDC | +0.0013% | 4h | 96.166 | −4.122% | $220K | $232K | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0020% | 1h | 96.242 | −4.045% | $83K | $233K | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0037% | 8h | 96.193 | −4.095% | $3K | $521 | 5x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0038% | 1h | 96.160 | −4.128% | $3.1M | $1.1M | 15x | as long as short |
| Vest BZ-PERPlong | +0.0046% | 1h | 100.30 | long leg | — | $735K | 10x | |
| Lighter BRENTOIL | +0.0048% | 1h | 96.220 | −4.068% | $3.4M | $4.2M | 20x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.210 | −4.078% | $151.0M | $143.5M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.265 | −4.023% | $1.5M | $502K | 20x | as long as short |
| BloFin BZ-USDT | +0.0057% | 4h | 96.230 | −4.058% | $1.5M | $95K | 50x | as long as short |
| Extended XBR-USD | +0.0072% | 1h | 96.224 | −4.064% | $760K | $5.3M | 10x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.220 | −4.068% | $3.8M | $989K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.100 | −4.187% | $25K | $272K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0605% | 1h | 96.149 | −4.138% | $6K | $44K | 5x | as long as short |
gTrade (Gains Network) BRENT/USD
GMX BRENTOIL/USD [ETH-USDC]
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
GRVT BZ_USDT_Perp
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Kraken Futures PF_BRENTOILUSD
Paradex BZ-USD-PERP
Lighter BRENTOIL
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
BloFin BZ-USDT
Extended XBR-USD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD