Funding you earn now, next payment 01:00 UTC+0.0231%/8h= +25.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.069%
Price spread now: gTrade (Gains Network) against Injective+1.583%55s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and gTrade (Gains Network) is 1.583% dearer against Injective than usual: you sell high and buy low: +$158 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 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 | Injective BRENT/USDC PERP | 95.669 | −0.0220 | get 0.0028% / 1h | 21m 35s | $8K | $7K | 30x |
| Short | gTrade (Gains Network) BRENT/USD | 97.183 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 21m 35s | — | — | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Injective. 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
- $48.54
- Price spread: +1.583% → 0.000%
- $158.29
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $196.81
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; gTrade (Gains Network): no order-book sample. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Injective and 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 PERPlong | −0.0220% | 1h | 95.669 | long leg | $8K | $7K | 30x | |
| Coinbase International BRENTOIL-PERP-INTX | −0.0136% | 1h | 96.070 | +0.419% | $232K | $467K | 15x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L −0.0098% / S +0.0137% | 1h | 96.645 | +1.020% | $33K | — | 111x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.620 | +0.994% | $336K | $1.2M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.609 | +0.982% | $145.8M | $421.2M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.580 | +0.952% | $10.4M | $15.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.570 | +0.942% | $15.9M | $25.2M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 96.612 | +0.986% | $2.2M | $1.3M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.570 | +0.942% | $9.2M | $14.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.580 | +0.952% | $27.6M | $19.2M | 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 | 96.459 | +0.826% | $9.3M | $7.5M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.503 | +0.872% | $24K | $366K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.600 | +0.973% | $4K | $2.6M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.670 | +1.046% | $103K | $271K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.490 | +0.858% | $307K | $226K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.630 | +1.005% | $1.2M | $93K | 100x | as long as short |
| edgeX BZUSDC | +0.0005% | 4h | 96.523 | +0.893% | $221K | $233K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | L +0.0011% / S −0.0011% | 1h | 97.183 | +1.583% | — | — | — | |
| BloFin BZ-USDT | +0.0014% | 4h | 96.500 | +0.869% | $1.5M | $95K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0020% | 1h | 96.659 | +1.035% | $83K | $235K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.610 | +0.984% | $3.4M | $4.3M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 96.616 | +0.990% | $737K | $5.4M | 10x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0034% | 1h | 96.550 | +0.921% | $3.1M | $1.1M | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0040% | 1h | 96.660 | +1.036% | $33K | — | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0044% | 8h | 96.606 | +0.980% | $3K | $521 | 5x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.67 | +5.227% | — | $735K | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.631 | +1.006% | $151.6M | $139.7M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.646 | +1.021% | $1.5M | $506K | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.640 | +1.015% | $3.8M | $983K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.570 | +0.942% | $25K | $272K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0399% | 1h | 96.524 | +0.894% | $7K | $45K | 5x | as long as short |
Injective BRENT/USDC PERP
gTrade (Gains Network) BRENT/USD
Coinbase International BRENTOIL-PERP-INTX
GMX BRENTOIL/USD [ETH-USDC]
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
BloFin BZ-USDT
Kraken Futures PF_BRENTOILUSD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD