Funding you earn now, next payment 08:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.48 per $10,000 · paid last 24h +0.027%
Price spread now: KuCoin against edgeX−0.064%98s7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as 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−$520.515% of the position
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.064%, 7d avg +0.047%
=Together, before fees+0.314%+ Points / potential airdropedgeX: Active · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.111% cheaper against edgeX than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of +0.047%). If the spread goes back, that is −$11 on $10k: about 3.8 days of funding at the current rate (+$3 a day). The two prices were read 98 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 | 97.432 | 0.0003 | pay 0.0002% / 4h | 3m 53s | $224K | $229K | 20x |
| Short | KuCoin BZUSDTM | 97.370 | 0.0100 | get 0.0050% / 4h | 3m 53s | $3.8M | $800K | 50x |
edgeX BZUSDC
KuCoin BZUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $20.29
- Price spread: −0.064% → +0.047%
- −$11.13
- Slippage, 4 orders
- −$30.53
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$42.37
- Costs to cover
- 0.515%
- Break-even
- 21.6 days
Slippage from edgeX: live order book, 33 min ago; KuCoin: live order book, 4 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, 33 min ago | 10.27 bp | 14.8 bp −$15 | 15.6 bp −$156 | 59.8 bp −$5,978 | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 0.51 bp | 8.5 bp −$9 | 33.0 bp −$330 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0264% | 1h | 97.300 | −0.136% | $100K | $256K | 15x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.342 | −1.119% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.480 | +0.049% | $237K | $402K | 15x | as long as short |
| BloFin BZ-USDT | −0.0035% | 4h | 97.360 | −0.074% | $1.5M | $99K | 50x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0016% | 1h | 97.350 | −0.084% | $3.1M | $1.0M | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.376 | −0.058% | $339K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.330 | −0.105% | $148.2M | $351.5M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.330 | −0.105% | $10.3M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.320 | −0.115% | $16.1M | $19.6M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.319 | −0.117% | $2.4M | $1.7M | 20x | as long as short |
Deribit BRENTOIL_USDC-PERPETUAL
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Ondo Perps BRENT-USD.P
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDCShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BZ_USDT | 0.0000% | 8h | 97.290 | −0.146% | $9.2M | $11.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.350 | −0.084% | $27.9M | $18.5M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.402 | −0.031% | $9.5M | $6.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.430 | −0.002% | $14K | $332K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.360 | −0.074% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.290 | −0.146% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.400 | −0.033% | $1.2M | $86K | 100x | as long as short |
| edgeX BZUSDClong | +0.0003% | 4h | 97.432 | long leg | $224K | $229K | 20x | |
| Vest BZ-PERP | +0.0010% | 1h | 101.40 | +4.072% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.903 | +0.484% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.290 | −0.146% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.379 | −0.055% | $743K | $2.9M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.367 | −0.067% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.355 | −0.079% | $155.4M | $115.3M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.392 | −0.041% | $1.6M | $395K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0076% | 1h | 97.344 | −0.091% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTMshort | +0.0100% | 4h | 97.370 | −0.064% | $3.8M | $800K | 50x | |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.450 | +0.018% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.329 | −0.106% | $82K | $200K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0168% | 1h | 97.440 | +0.008% | $34K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.325 | −0.110% | $115K | — | 111x | as long as short |
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
Hotstuff BRENTOIL-PERP
GMX BRENTOIL/USD [ETH-USDC]