BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0131%/8h= −14.4% APRnext payment −$0.16 per $10,000 · paid last 24h −0.024%

Price spread now: gTrade (Gains Network) against Kraken Futures+0.527%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.527% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.527% now, against zero (this spread has no 7-day history yet)): +$53 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BRENTOILUSD	97.253	0.0142	pay 0.0018% / 1h	33m 36s	$84K	$207K	20x
Short	gTrade (Gains Network) BRENT/USD	97.766	L +0.0011% / S −0.0011%	get 0.0001% / 1h	33m 36s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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 Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.527%Rate

Funding earned: −$27.52
Price spread: +0.527% → 0.000%: $52.75
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $5.22
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 24 min ago; 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 Kraken Futures live order book, 24 min ago	2.31 bp	12.3 bp −$12	26.6 bp −$266	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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	96.571	−0.702%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0096%	1h	97.240	−0.014%	$234K	$437K	15x	as long as short
BloFin BZ-USDT	−0.0009%	4h	97.210	−0.045%	$1.5M	$92K	50x	as long as short
Hotstuff BRENTOIL-PERP	−0.0008%	1h	97.250	−0.003%	$34K	—	20x	as long as short
Aster BZUSDT	0.0000%	4h	97.220	−0.034%	$338K	$954K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.210	−0.045%	$147.1M	$371.0M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.210	−0.045%	$10.4M	$13.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.210	−0.045%	$16.0M	$20.4M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.208	−0.047%	$2.2M	$1.4M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.180	−0.075%	$9.2M	$12.2M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	97.210	−0.045%	$27.5M	$16.3M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.238	−0.016%	$9.4M	$6.9M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.226	−0.028%	$28K	$352K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.230	−0.024%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.240	−0.014%	$104K	$237K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.170	−0.086%	$279K	$268K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.320	+0.069%	$1.2M	$84K	100x	as long as short
gTrade (Gains Network) BRENT/USDshort	L +0.0011% / S −0.0011%	1h	97.766	+0.527%	—	—	—
edgeX BZUSDC	+0.0017%	4h	97.224	−0.030%	$223K	$228K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.210	−0.045%	$3.3M	$4.7M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.231	−0.023%	$680K	$4.5M	10x	as long as short
Vest BZ-PERP	+0.0034%	1h	101.24	+4.099%	—	$735K	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.209	−0.046%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.245	−0.009%	$153.0M	$124.8M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.273	+0.020%	$1.6M	$491K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.160	−0.096%	$3.1M	$1.1M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.240	−0.014%	$3.8M	$870K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.230	−0.024%	$25K	$274K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0100%	1h	97.264	+0.011%	$7K	$43K	5x	as long as short
Kraken Futures PF_BRENTOILUSDlong	+0.0142%	1h	97.253	long leg	$84K	$207K	20x
GMX BRENTOIL/USD [ETH-USDC]	L +0.0200% / S −0.0061%	1h	97.215	−0.039%	$126K	—	111x	as long as short