BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.029%

Price spread now: Bitget against KuCoin−0.052%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$440.441% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.206%−$21 on $10k

Price spread, last 7 days+0.097%+$10 · spread now −0.052%, 7d avg +0.003%

Together, before fees−0.109%−$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.055% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.003%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BZUSDTM	96.830	0.0100	pay 0.0050% / 4h	2h 36m	$3.8M	$892K	50x
Short	Bitget BZUSDT	96.780	0	get 0.0000% / 4h	2h 36m	$27.6M	$16.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$21
Price spread: −0.052% → +0.003%: −$5.49
Slippage, 4 orders: −$20.09
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$70.58
Costs to cover: 0.441%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 2 min ago.

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 KuCoin live order book, 6 min ago	0.52 bp	10.6 bp −$11	39.6 bp −$396	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	0.52 bp	7.6 bp −$8	10.0 bp −$100	25.8 bp −$2,583	61.9 bp −$30.9K

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	96.070	−0.785%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.650	−0.186%	$234K	$421K	15x	as long as short
BloFin BZ-USDT	−0.0052%	4h	96.760	−0.072%	$1.5M	$90K	50x	as long as short
Aster BZUSDT	0.0000%	4h	96.790	−0.041%	$336K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.780	−0.052%	$146.2M	$387.9M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.760	−0.072%	$10.3M	$14.3M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.770	−0.062%	$15.9M	$22.7M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.766	−0.066%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.740	−0.093%	$9.2M	$12.7M	100x	as long as short
Bitget BZUSDTshort	0.0000%	4h	96.780	−0.052%	$27.6M	$16.5M	100x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BZ	0.0000%	4h	96.790	−0.041%	$9.3M	$7.2M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.738	−0.095%	$24K	$341K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.810	−0.021%	$4K	$2.6M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.750	−0.083%	$277K	$269K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.790	−0.041%	$1.2M	$85K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.303	+0.489%	—	—	—	as long as short
edgeX BZUSDC	+0.0013%	4h	96.740	−0.093%	$222K	$232K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.770	−0.062%	$3.3M	$4.4M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.773	−0.059%	$672K	$5.2M	10x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.81	+4.110%	—	$735K	10x	as long as short
Paradex BZ-USD-PERP	+0.0048%	8h	96.766	−0.066%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.788	−0.043%	$151.6M	$129.2M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.840	+0.010%	$1.5M	$486K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.750	−0.083%	$3.1M	$1.1M	15x	as long as short
Hotstuff BRENTOIL-PERP	+0.0056%	1h	96.810	−0.021%	$33K	—	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	+0.0060%	1h	96.830	0.000%	$103K	$271K	15x	as long as short
KuCoin BZUSDTMlong	+0.0100%	4h	96.830	long leg	$3.8M	$892K	50x
ApeX Omni BZUSDT	+0.0100%	1h	96.740	−0.093%	$25K	$273K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0206% / S +0.0101%	1h	96.785	−0.046%	$126K	—	111x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0253%	1h	96.812	−0.019%	$83K	$218K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0269%	1h	96.832	+0.002%	$7K	$45K	5x	as long as short