Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.004%
Price spread now: Aster against edgeX+0.153%50s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as 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−$410.409% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.153%, 7d avg +0.008%
=Together, before fees−0.116%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.145% dearer against edgeX than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of +0.008%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 29 days. The two prices were read 50 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 | edgeX BZUSDC | 96.824 | 0.0017 | pay 0.0008% / 4h | 2h 16m | $222K | $228K | 20x |
| Short | Aster BZUSDT | 96.972 | 0 | get 0.0000% / 4h | 2h 16m | $337K | $1.2M | 50x |
edgeX BZUSDC
Aster BZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against edgeX. 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
- −$3.55
- Price spread: +0.153% → +0.008%
- $14.47
- Slippage, 4 orders
- −$23.87
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$29.95
- Costs to cover
- 0.409%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 50 min ago; Aster: live order book, 1 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 edgeX live order book, 50 min ago | 9.83 bp | 14.3 bp −$14 | 15.2 bp −$152 | 68.1 bp −$6,812 | doesn't fit |
| Sell Aster live order book, 1 min ago | 2.06 bp | 6.1 bp −$6 | 9.8 bp −$98 | 97.4 bp −$9,736 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.978 | −0.873% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0136% | 1h | 96.810 | −0.014% | $234K | $425K | 15x | as long as short |
| Aster BZUSDTshort | 0.0000% | 4h | 96.972 | +0.153% | $337K | $1.2M | 50x | |
| Binance BZUSDT | 0.0000% | 4h | 96.959 | +0.140% | $146.6M | $379.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.930 | +0.110% | $10.3M | $13.7M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.960 | +0.141% | $16.0M | $21.7M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 96.942 | +0.122% | $2.3M | $1.3M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.910 | +0.089% | $9.2M | $12.8M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.970 | +0.151% | $27.6M | $16.2M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 96.747 | −0.079% | $9.3M | $7.1M | — | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.873 | +0.051% | $24K | $341K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.930 | +0.110% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.910 | +0.089% | $103K | $271K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.750 | −0.076% | $277K | $269K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.910 | +0.089% | $1.2M | $83K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.412 | +0.607% | — | — | — | as long as short |
| edgeX BZUSDClong | +0.0017% | 4h | 96.824 | long leg | $222K | $228K | 20x | |
| Lighter BRENTOIL | +0.0032% | 1h | 96.950 | +0.130% | $3.3M | $4.5M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 96.950 | +0.131% | $673K | $5.0M | 10x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.98 | +4.293% | — | $735K | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0049% | 8h | 96.946 | +0.126% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.965 | +0.146% | $151.9M | $127.9M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.955 | +0.136% | $1.5M | $470K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 96.930 | +0.110% | $3.1M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.980 | +0.161% | $3.8M | $885K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.880 | +0.058% | $25K | $273K | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0104% | 1h | 96.970 | +0.151% | $33K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0208% / S +0.0085% | 1h | 96.895 | +0.074% | $126K | — | 111x | as long as short |
| Aftermath Perps BRENTUSD | +0.0235% | 1h | 96.865 | +0.043% | $8K | $44K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0253% | 1h | 96.917 | +0.096% | $83K | $218K | 20x | as long as short |
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Vest BZ-PERP
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
KuCoin BZUSDTM
ApeX Omni BZUSDT
Hotstuff BRENTOIL-PERP
GMX BRENTOIL/USD [ETH-USDC]
Aftermath Perps BRENTUSD
Kraken Futures PF_BRENTOILUSD