Funding you earn now, next payment 08:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.066%
Price spread now: HTX against Injective+1.129%65s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and HTX is 1.129% dearer against Injective than usual: you sell high and buy low: +$113 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 65 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 | 96.342 | −0.0220 | get 0.0028% / 1h | 5m 47s | $8K | $7K | 30x |
| Short | HTX BRENTOIL-USDT | 97.430 | 0 | get 0.0000% / 4h | 5m 47s | $280K | $254K | 75x |
Injective BRENT/USDC PERP
HTX BRENTOIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $46.2
- Price spread: +1.129% → 0.000%
- $112.93
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $147.11
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; HTX: live order book, 31 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 HTX live order book, 31 min ago | 3.08 bp | 9.1 bp −$9 | 10.5 bp −$105 | 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 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 | 96.342 | long leg | $8K | $7K | 30x | |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0161% | 1h | 97.400 | +1.098% | $100K | $256K | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.480 | +1.181% | $237K | $402K | 15x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0014% | 1h | 97.370 | +1.067% | $3.1M | $1.0M | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.451 | +1.151% | $339K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.405 | +1.103% | $148.3M | $351.3M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.380 | +1.077% | $10.3M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.360 | +1.057% | $16.1M | $19.6M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.409 | +1.107% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.350 | +1.046% | $9.2M | $11.2M | 100x | as long as short |
Deribit BRENTOIL_USDC-PERPETUAL
Coinbase International BRENTOIL-PERP-INTX
Ondo Perps BRENT-USD.P
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDT | 0.0000% | 4h | 97.410 | +1.109% | $27.9M | $18.5M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.402 | +1.100% | $9.5M | $6.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.187 | +0.877% | $14K | $332K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.440 | +1.140% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDTshort | 0.0000% | 4h | 97.430 | +1.129% | $280K | $254K | 75x | |
| Phemex XBRUSDT | 0.0000% | 4h | 97.420 | +1.119% | $1.2M | $86K | 100x | as long as short |
| Vest BZ-PERP | +0.0010% | 1h | 101.47 | +5.323% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.986 | +1.707% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0020% | 4h | 97.166 | +0.855% | $223K | $228K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.430 | +1.129% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.444 | +1.143% | $743K | $2.9M | 10x | as long as short |
| BloFin BZ-USDT | +0.0048% | 4h | 97.430 | +1.129% | $1.5M | $99K | 50x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.447 | +1.147% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.430 | +1.129% | $155.6M | $115.2M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.459 | +1.159% | $1.6M | $395K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0080% | 1h | 97.330 | +1.025% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.390 | +1.088% | $3.8M | $801K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.230 | +0.922% | $25K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.418 | +1.117% | $82K | $200K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0176% | 1h | 97.500 | +1.202% | $34K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.395 | +1.093% | $116K | — | 111x | as long as short |
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Phemex XBRUSDT
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
BloFin BZ-USDT
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]