Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.026%
Price spread now: ApeX Omni against Binance+0.013%69s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.503% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 2 days (all we have)−0.023%−$2 · spread now +0.013%, 7d avg −0.002%
=The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BZUSDT | 96.197 | 0 | get 0.0000% / 4h | 14m 19s | $145.8M | $452.8M | 100x |
| Short | ApeX Omni BZUSDT | 96.210 | 0.0100 | get 0.0013% / 1h | 14m 19s | $25K | $271K | 50x |
Binance BZUSDT
ApeX Omni BZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Binance. 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: +0.013% → −0.002%
- $1.58
- Slippage, 4 orders
- −$30.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$27.76
- Costs to cover
- 0.503%
- Break-even
- 16.3 days
Slippage from Binance: live order book, 14 min ago; ApeX Omni: live order book, 63 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 Binance live order book, 14 min ago | 0.52 bp | 5.5 bp −$6 | 6.1 bp −$61 | 15.7 bp −$1,574 | 52.7 bp −$26.4K |
| Sell ApeX Omni live order book, 63 min ago | 8.85 bp | 19.9 bp −$20 | 180.9 bp −$1,809 | doesn't fit | doesn't fit |
BZ on 30 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 | 96.175 | −0.023% | $120K | — | 111x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.484 | −0.741% | $8K | $7K | 30x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0072% | 1h | 96.250 | +0.055% | $33K | — | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0062% | 1h | 96.220 | +0.024% | $103K | $275K | 15x | as long as short |
| BloFin BZ-USDT | −0.0050% | 4h | 96.190 | −0.007% | $1.5M | $96K | 50x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0040% | 1h | 96.070 | −0.132% | $232K | $551K | 15x | as long as short |
| RISEx BZ/USDC | −0.0020% | 1h | 96.195 | −0.002% | $2.2M | $1.3M | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.210 | +0.013% | $334K | $1.2M | 50x | as long as short |
| Binance BZUSDTlong | 0.0000% | 4h | 96.197 | long leg | $145.8M | $452.8M | 100x | |
| Bybit BZUSDT | 0.0000% | 8h | 96.210 | +0.013% | $10.5M | $16.1M | 100x | as long as short |
GMX BRENTOIL/USD [ETH-USDC]
Injective BRENT/USDC PERP
Hotstuff BRENTOIL-PERP
Deribit BRENTOIL_USDC-PERPETUAL
BloFin BZ-USDT
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDC
Aster BZUSDT
Bybit BZUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.190 | −0.007% | $15.8M | $26.5M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.150 | −0.049% | $9.2M | $16.4M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.200 | +0.003% | $27.6M | $20.4M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 96.181 | −0.017% | $9.3M | $7.7M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.206 | +0.009% | $34K | $375K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.200 | +0.003% | $4K | $2.7M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.140 | −0.059% | $306K | $249K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.200 | +0.003% | $1.2M | $94K | 100x | as long as short |
| edgeX BZUSDC | +0.0010% | 4h | 96.183 | −0.015% | $220K | $234K | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0029% | 8h | 96.199 | +0.002% | $3K | $521 | 5x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 99.830 | +3.777% | — | $735K | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.230 | +0.034% | $151.1M | $144.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.261 | +0.066% | $1.5M | $525K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0081% | 1h | 96.270 | +0.076% | $6K | $44K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.110 | −0.091% | $3.8M | $988K | 50x | as long as short |
| ApeX Omni BZUSDTshort | +0.0100% | 1h | 96.210 | +0.013% | $25K | $271K | 50x | |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 96.236 | +0.040% | $83K | $234K | 20x | as long as short |
| Lighter BRENTOIL | +0.0288% | 1h | 96.230 | +0.034% | $3.3M | $4.3M | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0405% | 1h | 96.180 | −0.018% | $3.1M | $1.1M | 15x | as long as short |
| Extended XBR-USD | +0.0568% | 1h | 96.130 | −0.070% | $675K | $5.2M | 10x | as long as short |
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Paradex BZ-USD-PERP
Vest BZ-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
Kraken Futures PF_BRENTOILUSD
Lighter BRENTOIL
Ondo Perps BRENT-USD.P
Extended XBR-USD