Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.017%
Price spread now: ApeX Omni against Paradex+0.049%50s7-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
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.049% dearer against Paradex than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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 | Paradex BZ-USD-PERP | 97.003 | 0.0050 | pay 0.0050% / 8h | 4h 08m | $3K | $336 | 5x |
| Short | ApeX Omni BZUSDT | 97.050 | 0.0100 | get 0.0013% / 1h | 8m 28s | $25K | $274K | 50x |
Paradex BZ-USD-PERP
ApeX Omni BZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Paradex. 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
- $10.52
- Price spread: +0.049% → 0.000%
- $4.87
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $1.39
- Costs to cover
- 0.140%
- Break-even
- 6.1 days
Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 49 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 Paradex no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 49 min ago | 8.73 bp | 19.2 bp −$19 | 202.3 bp −$2,023 | doesn't fit | doesn't fit |
Paradex: 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 | 96.433 | −0.587% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0096% | 1h | 97.240 | +0.245% | $234K | $436K | 15x | as long as short |
| BloFin BZ-USDT | −0.0015% | 4h | 97.010 | +0.007% | $1.5M | $92K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.037 | +0.036% | $337K | $954K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.003 | 0.000% | $146.9M | $369.6M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.010 | +0.007% | $10.4M | $12.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.000 | −0.003% | $16.0M | $20.3M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.000 | −0.003% | $2.2M | $1.5M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.960 | −0.044% | $9.2M | $12.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.000 | −0.003% | $27.7M | $16.5M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.017 | +0.015% | $9.4M | $6.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.034 | +0.033% | $29K | $346K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.040 | +0.038% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.020 | +0.018% | $103K | $235K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.990 | −0.013% | $278K | $268K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.290 | +0.296% | $1.2M | $84K | 100x | as long as short |
| edgeX BZUSDC | +0.0011% | 4h | 97.016 | +0.014% | $222K | $227K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.544 | +0.558% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0031% | 1h | 101.06 | +4.183% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.010 | +0.007% | $3.2M | $4.8M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.013 | +0.010% | $680K | $4.3M | 10x | as long as short |
| Paradex BZ-USD-PERPlong | +0.0050% | 8h | 97.003 | long leg | $3K | $336 | 5x | |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.041 | +0.039% | $153.1M | $126.8M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.060 | +0.059% | $1.6M | $491K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 96.960 | −0.044% | $3.1M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.050 | +0.049% | $3.8M | $870K | 50x | as long as short |
| ApeX Omni BZUSDTshort | +0.0100% | 1h | 97.050 | +0.049% | $25K | $274K | 50x | |
| Hotstuff BRENTOIL-PERP | +0.0104% | 1h | 97.060 | +0.059% | $33K | — | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0124% | 1h | 97.080 | +0.079% | $7K | $43K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0143% | 1h | 97.049 | +0.047% | $84K | $206K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0215% / S −0.0165% | 1h | 96.995 | −0.008% | $126K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Vest BZ-PERP
Lighter BRENTOIL
Extended XBR-USD
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
KuCoin BZUSDTM
Hotstuff BRENTOIL-PERP
Aftermath Perps BRENTUSD
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]