BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.096%

Price spread now: Injective against ApeX Omni−0.716%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.716% cheaper against ApeX Omni than usual: you would sell low and buy high (−$72 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	ApeX Omni BZUSDT	95.520	0.0100	pay 0.0013% / 1h	16m 46s	$25K	$274K	50x
Short	Injective BRENT/USDC PERP	94.836	0.0033	get 0.0004% / 1h	16m 46s	$8K	$7K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee InjectivebpOrdersPrice spread, now −0.716%Rate

Funding earned: −$14
Price spread: −0.716% → 0.000%: −$71.61
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$95.63
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 33 min ago; 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 ApeX Omni live order book, 33 min ago	8.87 bp	20.2 bp −$20	187.9 bp −$1,879	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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 exchanges

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
Deribit BRENTOIL_USDC-PERPETUAL	−0.0379%	1h	95.400	−0.126%	$61K	$309K	15x	as long as short
Kraken Futures PF_BRENTOILUSD	−0.0339%	1h	95.420	−0.104%	$94K	$245K	20x	as long as short
RISEx BZ/USDC	−0.0289%	1h	95.387	−0.139%	$2.3M	$1.9M	20x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0080%	1h	95.420	−0.105%	$270K	$647K	15x	as long as short
GRVT BZ_USDT_Perp	−0.0048%	4h	95.510	−0.010%	$14K	$320K	25x	as long as short
Bybit BZUSDT	−0.0002%	8h	95.370	−0.157%	$10.0M	$15.3M	100x	as long as short
Aster BZUSDT	0.0000%	4h	95.401	−0.124%	$329K	$700K	50x	as long as short
Binance BZUSDT	0.0000%	4h	95.389	−0.137%	$146.6M	$418.3M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	95.350	−0.178%	$16.2M	$24.7M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	95.330	−0.199%	$9.1M	$12.5M	100x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	95.350	−0.178%	$27.9M	$25.8M	100x	as long as short
Variational Omni BZ	0.0000%	4h	95.465	−0.057%	$9.2M	$6.5M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	95.420	−0.105%	$4K	$1.8M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	95.390	−0.136%	$273K	$260K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	95.460	−0.063%	$1.2M	$81K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	95.915	+0.414%	—	—	—	as long as short
Vest BZ-PERP	+0.0019%	1h	99.120	+3.769%	—	$735K	10x	as long as short
edgeX BZUSDC	+0.0020%	4h	95.482	−0.039%	$219K	$231K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0021%	1h	95.330	−0.199%	$3.1M	$1.1M	15x	as long as short
Lighter BRENTOIL	+0.0032%	1h	95.430	−0.094%	$3.5M	$5.5M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	95.420	−0.105%	$696K	$3.2M	10x	as long as short
Injective BRENT/USDC PERPshort	+0.0033%	1h	94.836	−0.716%	$8K	$7K	30x
BloFin BZ-USDT	+0.0039%	4h	95.440	−0.084%	$1.6M	$108K	50x	as long as short
Paradex BZ-USD-PERP	+0.0041%	8h	95.395	−0.131%	$1K	$2K	5x	as long as short
Aftermath Perps BRENTUSD	+0.0044%	1h	95.516	−0.005%	$7K	$38K	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	95.360	−0.168%	$145.7M	$139.1M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	95.391	−0.135%	$1.6M	$394K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	95.460	−0.063%	$3.4M	$1.1M	50x	as long as short
ApeX Omni BZUSDTlong	+0.0100%	1h	95.520	long leg	$25K	$274K	50x
GMX BRENTOIL/USD [ETH-USDC]	L +0.0185% / S −0.0707%	1h	95.485	−0.037%	$33K	—	111x	as long as short
Hotstuff BRENTOIL-PERP	+0.0272%	1h	95.400	−0.126%	$33K	—	20x	as long as short