Funding you earn now, next payment 05:00 UTC−0.0247%/8h= −27.1% APRnext payment −$0.31 per $10,000 · paid last 24h −0.052%
Price spread now: Injective against Vest−4.716%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (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 −$7 a day on $10k at the current rate, and Injective is 4.716% cheaper against Vest than usual: you would sell low and buy high (−$472 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 | 101.41 | 0.0027 | pay 0.0003% / 1h | 26m 45s | — | $735K | 10x |
| Short | Injective BRENT/USDC PERP | 96.628 | −0.0220 | pay 0.0028% / 1h | 26m 45s | $8K | $7K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$51.95
- Price spread: −4.716% → 0.000%
- −$471.55
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$525.52
- Costs to cover
- 0.020%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
Vest and Injective: 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 PERPshort | −0.0220% | 1h | 96.628 | −4.716% | $8K | $7K | 30x | |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.270 | −4.082% | $233K | $439K | 15x | as long as short |
| BloFin BZ-USDT | −0.0001% | 4h | 97.350 | −4.004% | $1.5M | $91K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.360 | −3.994% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.350 | −4.004% | $147.3M | $367.1M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.350 | −4.004% | $10.4M | $12.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.280 | −4.073% | $16.1M | $20.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.320 | −4.033% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.320 | −4.033% | $9.2M | $12.2M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.290 | −4.063% | $27.9M | $16.6M | 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 BZ | 0.0000% | 4h | 97.338 | −4.015% | $9.3M | $6.9M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.368 | −3.985% | $29K | $307K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.380 | −3.974% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.360 | −3.994% | $104K | $245K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.320 | −4.033% | $279K | $267K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.450 | −3.905% | $1.2M | $82K | 100x | as long as short |
| edgeX BZUSDC | +0.0007% | 4h | 97.347 | −4.006% | $223K | $226K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.903 | −3.458% | — | — | — | as long as short |
| Vest BZ-PERPlong | +0.0027% | 1h | 101.41 | long leg | — | $735K | 10x | |
| Lighter BRENTOIL | +0.0032% | 1h | 97.350 | −4.004% | $3.2M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.293 | −4.060% | $680K | $4.1M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.339 | −4.014% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.363 | −3.991% | $153.8M | $126.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.402 | −3.952% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.300 | −4.053% | $3.1M | $1.0M | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0063% | 1h | 97.388 | −3.966% | $82K | $208K | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.410 | −3.944% | $3.8M | $853K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.360 | −3.994% | $26K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0104% | 1h | 97.375 | −3.979% | $7K | $43K | 5x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0104% | 1h | 97.360 | −3.994% | $34K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0253% / S −0.1313% | 1h | 97.355 | −3.999% | $115K | — | 111x | 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 BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Kraken Futures PF_BRENTOILUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
GMX BRENTOIL/USD [ETH-USDC]