Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Binance against Bybit+0.031%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$280.282% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 7 days+0.004%$0 · spread now +0.031%, 7d avg +0.027%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BZUSDT | 97.780 | 0 | get 0.0000% / 8h | 56m 25s | $10.2M | $13.3M | 100x |
| Short | Binance BZUSDT | 97.810 | 0 | get 0.0000% / 4h | 56m 25s | $148.7M | $353.1M | 100x |
Bybit BZUSDT
Binance BZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: +0.031% → +0.027%
- $0.41
- Slippage, 4 orders
- −$7.18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.77
- Costs to cover
- 0.282%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 2 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 Bybit live order book, 2 min ago | 0.51 bp | 7.6 bp −$8 | 10.1 bp −$101 | 73.9 bp −$7,392 | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.51 bp | 5.5 bp −$6 | 5.5 bp −$55 | 10.5 bp −$1,050 | 28.1 bp −$14.1K |
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 | 97.155 | −0.639% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.700 | −0.082% | $237K | $415K | 15x | as long as short |
| BloFin BZ-USDT | −0.0018% | 4h | 97.830 | +0.051% | $1.5M | $96K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.808 | +0.029% | $340K | $868K | 50x | as long as short |
| Binance BZUSDTshort | 0.0000% | 4h | 97.810 | +0.031% | $148.7M | $353.1M | 100x | |
| Bybit BZUSDTlong | 0.0000% | 8h | 97.780 | long leg | $10.2M | $13.3M | 100x | |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.830 | +0.051% | $16.1M | $19.8M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.807 | +0.027% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.770 | −0.010% | $9.3M | $10.7M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.810 | +0.031% | $28.0M | $18.2M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.538 | −0.248% | $9.4M | $6.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.523 | −0.263% | $30K | $315K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.860 | +0.082% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.810 | +0.031% | $100K | $253K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.580 | −0.205% | $280K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.820 | +0.041% | $1.2M | $87K | 100x | as long as short |
| Vest BZ-PERP | +0.0008% | 1h | 101.98 | +4.295% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.354 | +0.587% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0011% | 4h | 97.780 | 0.000% | $225K | $229K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.830 | +0.051% | $3.3M | $3.9M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.793 | +0.013% | $728K | $3.3M | 10x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0048% | 1h | 97.840 | +0.061% | $34K | — | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.829 | +0.050% | $3K | $355 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.820 | +0.041% | $155.7M | $115.6M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.855 | +0.077% | $1.6M | $462K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.750 | −0.031% | $3.1M | $1.0M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.810 | +0.031% | $3.8M | $808K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.560 | −0.225% | $26K | $273K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0104% | 1h | 97.704 | −0.078% | $7K | $41K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0112% | 1h | 97.804 | +0.024% | $82K | $204K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.845 | +0.066% | $116K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
Hotstuff BRENTOIL-PERP
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]