BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.027%

Price spread now: ApeX Omni against gTrade (Gains Network)−0.491%67s7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.491% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.491% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$49 on $10k: about 18 days of funding at the current rate (+$3 a day). The two prices were read 67 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	gTrade (Gains Network) BRENT/USD	97.479	L +0.0011% / S −0.0011%	pay 0.0001% / 1h	24m 05s	—	—	—
Short	ApeX Omni BZUSDT	97.000	0.0100	get 0.0013% / 1h	24m 05s	$25K	$274K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ApeX OmnibpOrdersPrice spread, now −0.491%Rate

Funding earned: $18.6
Price spread: −0.491% → 0.000%: −$49.15
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$50.55
Costs to cover: 0.200%
Break-even: 26.0 days

Slippage unknown: gTrade (Gains Network): no order-book sample; ApeX Omni: live order book, 38 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 38 min ago	8.78 bp	19.7 bp −$20	184.0 bp −$1,840	doesn't fit	doesn't fit

gTrade (Gains Network): 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 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	96.164	−1.349%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0104%	1h	96.900	−0.594%	$233K	$431K	15x	as long as short
Hotstuff BRENTOIL-PERP	−0.0016%	1h	96.910	−0.584%	$33K	—	20x	as long as short
Aster BZUSDT	0.0000%	4h	96.937	−0.556%	$337K	$984K	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.960	−0.533%	$146.8M	$373.4M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.940	−0.553%	$10.3M	$13.2M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.950	−0.543%	$16.0M	$20.5M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.900	−0.594%	$2.3M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.900	−0.594%	$9.2M	$12.3M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.970	−0.522%	$27.4M	$16.3M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BZ	0.0000%	4h	96.955	−0.538%	$9.3M	$7.1M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.959	−0.534%	$37K	$343K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.930	−0.563%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.950	−0.543%	$103K	$244K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.870	−0.625%	$278K	$268K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.930	−0.563%	$1.2M	$85K	100x	as long as short
gTrade (Gains Network) BRENT/USDlong	L +0.0011% / S −0.0011%	1h	97.479	long leg	—	—	—
edgeX BZUSDC	+0.0018%	4h	96.953	−0.539%	$222K	$227K	20x	as long as short
BloFin BZ-USDT	+0.0024%	4h	96.980	−0.512%	$1.5M	$86K	50x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.950	−0.543%	$3.3M	$4.7M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.952	−0.541%	$676K	$4.7M	10x	as long as short
Vest BZ-PERP	+0.0043%	1h	100.96	+3.571%	—	$735K	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	96.905	−0.589%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.944	−0.549%	$151.8M	$125.1M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.960	−0.533%	$1.5M	$444K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.930	−0.563%	$3.1M	$1.1M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.990	−0.502%	$3.8M	$870K	50x	as long as short
ApeX Omni BZUSDTshort	+0.0100%	1h	97.000	−0.491%	$25K	$274K	50x
Aftermath Perps BRENTUSD	+0.0162%	1h	96.951	−0.541%	$7K	$43K	5x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0183% / S +0.0040%	1h	96.935	−0.558%	$126K	—	111x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0298%	1h	96.940	−0.554%	$83K	$218K	20x	as long as short