Funding you earn now, next payment 04:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h −0.007%
Price spread now: BloFin against gTrade (Gains Network)−0.580%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.580% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$58 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BRENT/USD | 97.576 | L +0.0011% / S −0.0011% | pay 0.0001% / 1h | 11m 11s | — | — | — |
| Short | BloFin BZ-USDT | 97.010 | −0.0013 | pay 0.0006% / 4h | 11m 11s | $1.5M | $92K | 50x |
gTrade (Gains Network) BRENT/USD
BloFin BZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.03
- Price spread: −0.580% → 0.000%
- −$58.03
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$85.05
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; BloFin: live order book, 1 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 BloFin live order book, 1 min ago | 1.55 bp | 8.1 bp −$8 | 9.5 bp −$95 | 19.2 bp −$1,919 | 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 | 96.433 | −1.172% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0096% | 1h | 97.240 | −0.345% | $234K | $436K | 15x | as long as short |
| BloFin BZ-USDTshort | −0.0013% | 4h | 97.010 | −0.580% | $1.5M | $92K | 50x | |
| Aster BZUSDT | 0.0000% | 4h | 97.072 | −0.517% | $338K | $954K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.020 | −0.570% | $146.9M | $369.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.010 | −0.580% | $10.4M | $12.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.020 | −0.570% | $16.0M | $20.3M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.026 | −0.564% | $2.2M | $1.4M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.010 | −0.580% | $9.2M | $12.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.020 | −0.570% | $27.7M | $16.5M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit 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 | 97.017 | −0.573% | $9.4M | $6.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.140 | −0.447% | $29K | $346K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.060 | −0.529% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.020 | −0.570% | $103K | $235K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.010 | −0.580% | $278K | $268K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.290 | −0.293% | $1.2M | $84K | 100x | as long as short |
| edgeX BZUSDC | +0.0005% | 4h | 97.138 | −0.450% | $223K | $228K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USDlong | L +0.0011% / S −0.0011% | 1h | 97.576 | long leg | — | — | — | |
| Vest BZ-PERP | +0.0031% | 1h | 101.08 | +3.591% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.040 | −0.550% | $3.2M | $4.8M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.026 | −0.563% | $680K | $4.3M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.049 | −0.541% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.053 | −0.536% | $153.1M | $127.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.089 | −0.499% | $1.6M | $491K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 96.980 | −0.611% | $3.1M | $1.1M | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0088% | 1h | 97.090 | −0.498% | $33K | — | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.070 | −0.519% | $3.8M | $870K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.170 | −0.416% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0126% | 1h | 97.119 | −0.468% | $7K | $43K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0142% | 1h | 97.061 | −0.528% | $84K | $206K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0212% / S −0.0149% | 1h | 97.025 | −0.565% | $126K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Vest BZ-PERP
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Hotstuff BRENTOIL-PERP
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]