BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.093%

Price spread now: ApeX Omni against Injective−0.449%7-day average — · you buy dearer than you sell

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

Long on Injective Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (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 0.449% cheaper against Injective than usual: you would sell low and buy high (spread −0.449% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$45 on $10k: about 4.7 days of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective BRENT/USDC PERP	94.836	−0.0220	get 0.0028% / 1h	26m 49s	$8K	$7K	30x
Short	ApeX Omni BZUSDT	94.410	0.0100	get 0.0013% / 1h	26m 49s	$25K	$274K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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 InjectivebpFee ApeX OmnibpOrdersPrice spread, now −0.449%Rate

Funding earned: $67.2
Price spread: −0.449% → 0.000%: −$44.92
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $12.26
Costs to cover: 0.100%
Break-even: 5.7 days

Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 19 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 Injective no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 19 min ago	9.56 bp	20.6 bp −$21	204.1 bp −$2,041	doesn't fit	doesn't fit

Injective: 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 exchanges

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
Hotstuff BRENTOIL-PERP	−0.1600%	1h	94.360	−0.502%	$33K	—	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	−0.0703%	1h	94.360	−0.502%	$29K	$388K	15x	as long as short
Kraken Futures PF_BRENTOILUSD	−0.0341%	1h	94.399	−0.461%	$104K	$274K	20x	as long as short
RISEx BZ/USDC	−0.0302%	1h	94.351	−0.512%	$1.9M	$2.3M	20x	as long as short
Injective BRENT/USDC PERPlong	−0.0220%	1h	94.836	long leg	$8K	$7K	30x
Coinbase International BRENTOIL-PERP-INTX	−0.0080%	1h	94.390	−0.470%	$246K	$1.0M	15x	as long as short
Bybit BZUSDT	−0.0067%	8h	94.320	−0.544%	$10.7M	$17.0M	100x	as long as short
GRVT BZ_USDT_Perp	−0.0040%	4h	94.448	−0.409%	$13K	$299K	25x	as long as short
Binance BZUSDT	−0.0028%	4h	94.330	−0.534%	$145.0M	$468.3M	100x	as long as short
edgeX BZUSDC	−0.0014%	4h	94.325	−0.539%	$217K	$232K	20x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BZUSDT	0.0000%	4h	94.330	−0.534%	$323K	$718K	50x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	94.300	−0.565%	$15.8M	$28.3M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	94.280	−0.586%	$8.8M	$13.1M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	94.330	−0.534%	$27.5M	$30.2M	100x	as long as short
Variational Omni BZ	0.0000%	4h	94.373	−0.488%	$9.0M	$6.6M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	94.360	−0.502%	$4K	$1.7M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	94.330	−0.534%	$242K	$315K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	94.480	−0.375%	$1.2M	$81K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	94.925	+0.094%	—	—	—	as long as short
Vest BZ-PERP	+0.0018%	1h	98.050	+3.389%	—	$736K	10x	as long as short
Aftermath Perps BRENTUSD	+0.0019%	1h	94.403	−0.457%	$7K	$37K	5x	as long as short
Lighter BRENTOIL	+0.0032%	1h	94.370	−0.491%	$3.4M	$5.6M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	94.327	−0.537%	$754K	$3.8M	10x	as long as short
Paradex BZ-USD-PERP	+0.0033%	8h	94.362	−0.500%	$2K	$2K	5x	as long as short
BloFin BZ-USDT	+0.0037%	4h	94.380	−0.481%	$1.5M	$114K	50x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	94.348	−0.515%	$138.7M	$189.4M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	94.416	−0.443%	$1.5M	$487K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	94.310	−0.555%	$3.0M	$1.2M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	94.330	−0.534%	$3.5M	$1.2M	50x	as long as short
ApeX Omni BZUSDTshort	+0.0100%	1h	94.410	−0.449%	$25K	$274K	50x
GMX BRENTOIL/USD [ETH-USDC]	L +0.0184% / S −0.0707%	1h	94.405	−0.454%	$33K	—	111x	as long as short