Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.029%
Price spread now: Variational Omni against KuCoin−0.264%7-day average −0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.069%−$7 on $10k
+Price spread, last 7 days+0.297%+$30 · spread now −0.264%, 7d avg −0.027%
=Together, before fees+0.228%+ Points / potential airdropVariational Omni: Active · farm board+$23 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 Variational Omni is 0.237% cheaper against KuCoin than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BZUSDTM | 97.440 | 0.0100 | pay 0.0050% / 4h | 7m 02s | $3.8M | $801K | 50x |
| Short | Variational Omni BZ | 97.183 | 0 | get 0.0000% / 4h | 7m 02s | $9.4M | $6.1M | — |
KuCoin BZUSDTM
Variational Omni BZFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- −$21
- Price spread: −0.264% → −0.027%
- −$23.66
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$56.66
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 10 min ago; Variational Omni: RFQ quote, 2 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 KuCoin live order book, 10 min ago | 0.51 bp | 11.0 bp −$11 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.62 bp | doesn't fit | 4.4 bp −$44 | doesn't fit | doesn't fit |
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 | 96.342 | −1.127% | $8K | $7K | 30x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0160% | 1h | 97.470 | +0.031% | $100K | $256K | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.480 | +0.041% | $237K | $402K | 15x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0014% | 1h | 97.390 | −0.051% | $3.1M | $1.0M | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.470 | +0.031% | $339K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.454 | +0.014% | $148.4M | $351.2M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.450 | +0.010% | $10.3M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.420 | −0.021% | $16.1M | $19.6M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.411 | −0.030% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.400 | −0.041% | $9.2M | $11.2M | 100x | as long as short |
Injective BRENT/USDC PERP
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 | 97.490 | +0.051% | $28.0M | $18.5M | 100x | as long as short |
| Variational Omni BZshort | 0.0000% | 4h | 97.183 | −0.264% | $9.4M | $6.1M | — | |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.187 | −0.259% | $14K | $332K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.450 | +0.010% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.430 | −0.010% | $280K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.470 | +0.031% | $1.2M | $86K | 100x | as long as short |
| Vest BZ-PERP | +0.0010% | 1h | 101.49 | +4.156% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.017 | +0.592% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0020% | 4h | 97.166 | −0.281% | $223K | $228K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.460 | +0.021% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.510 | +0.072% | $737K | $2.9M | 10x | as long as short |
| BloFin BZ-USDT | +0.0048% | 4h | 97.430 | −0.010% | $1.5M | $99K | 50x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.456 | +0.016% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.480 | +0.041% | $155.7M | $115.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.480 | +0.041% | $1.6M | $395K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0080% | 1h | 97.286 | −0.159% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTMlong | +0.0100% | 4h | 97.440 | long leg | $3.8M | $801K | 50x | |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.230 | −0.216% | $25K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.466 | +0.027% | $82K | $200K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0176% | 1h | 97.480 | +0.041% | $34K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.475 | +0.036% | $116K | — | 111x | as long as short |
Bitget BZUSDT
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX 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
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
Hotstuff BRENTOIL-PERP
GMX BRENTOIL/USD [ETH-USDC]