Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.3% APRpaid last 24h −0.003%
Price spread now: SunX against gTrade (Gains Network)−0.555%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 $0 a day on $10k at the current rate, and SunX is 0.555% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$56 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 | 97.903 | L +0.0011% / S −0.0011% | pay 0.0001% / 1h | 4m 14s | — | — | — |
| Short | SunX BRENTOIL-USDT | 97.360 | 0 | get 0.0000% / 4h | 4m 14s | $4K | $2.4M | 20x |
gTrade (Gains Network) BRENT/USD
SunX BRENTOIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$2.4
- Price spread: −0.555% → 0.000%
- −$55.5
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$75.9
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; SunX: live order book, 3 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 SunX live order book, 3 min ago | 18.47 bp | 26.4 bp −$26 | 35.0 bp −$350 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0264% | 1h | 97.300 | −0.616% | $100K | $256K | 15x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.342 | −1.595% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.480 | −0.432% | $237K | $402K | 15x | as long as short |
| BloFin BZ-USDT | −0.0035% | 4h | 97.360 | −0.555% | $1.5M | $99K | 50x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0016% | 1h | 97.350 | −0.565% | $3.1M | $1.0M | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.325 | −0.591% | $338K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.280 | −0.637% | $148.1M | $351.3M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.280 | −0.637% | $10.3M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.270 | −0.647% | $16.1M | $19.6M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.319 | −0.597% | $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 | −0.627% | $9.2M | $11.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.300 | −0.616% | $27.9M | $18.5M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.402 | −0.512% | $9.5M | $6.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.430 | −0.483% | $14K | $332K | 25x | as long as short |
| SunX BRENTOIL-USDTshort | 0.0000% | 4h | 97.360 | −0.555% | $4K | $2.4M | 20x | |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.290 | −0.627% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.400 | −0.514% | $1.2M | $86K | 100x | as long as short |
| edgeX BZUSDC | +0.0003% | 4h | 97.432 | −0.481% | $224K | $229K | 20x | as long as short |
| Vest BZ-PERP | +0.0010% | 1h | 101.40 | +3.571% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USDlong | L +0.0011% / S −0.0011% | 1h | 97.903 | long leg | — | — | — | |
| Lighter BRENTOIL | +0.0032% | 1h | 97.290 | −0.627% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.347 | −0.568% | $743K | $2.9M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.367 | −0.548% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.358 | −0.557% | $155.4M | $115.3M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.392 | −0.522% | $1.6M | $395K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0076% | 1h | 97.344 | −0.572% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.330 | −0.586% | $3.8M | $800K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.450 | −0.463% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.329 | −0.587% | $82K | $200K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0168% | 1h | 97.440 | −0.473% | $34K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.325 | −0.591% | $115K | — | 111x | as long as short |
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
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
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
Hotstuff BRENTOIL-PERP
GMX BRENTOIL/USD [ETH-USDC]