Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: HTX against Phemex−0.062%7-day average −0.253% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.471%−$47 on $10k
+Price spread, last 4 days (all we have)−0.393%−$39 · spread now −0.062%, 7d avg −0.253%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.191% dearer against Phemex than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.253%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XBRUSDT | 96.930 | 0 | get 0.0000% / 4h | 1h 24m | $1.2M | $85K | 100x |
| Short | HTX BRENTOIL-USDT | 96.870 | 0 | get 0.0000% / 4h | 1h 24m | $278K | $268K | 75x |
Phemex XBRUSDT
HTX BRENTOIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Phemex. 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
- $0
- Price spread: −0.062% → −0.253%
- $19.08
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$4.92
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 4 min ago; HTX: live order book, 38 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 Phemex live order book, 4 min ago | 6.70 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 38 min ago | 3.10 bp | 9.1 bp −$9 | 11.2 bp −$112 | 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 | 96.164 | −0.790% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0104% | 1h | 96.900 | −0.031% | $233K | $431K | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0016% | 1h | 96.910 | −0.021% | $33K | — | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.937 | +0.007% | $337K | $984K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.960 | +0.031% | $146.8M | $373.4M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.940 | +0.010% | $10.3M | $13.2M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.950 | +0.021% | $16.0M | $20.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 96.900 | −0.031% | $2.3M | $1.3M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.900 | −0.031% | $9.2M | $12.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.970 | +0.041% | $27.4M | $16.3M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Hotstuff BRENTOIL-PERP
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 | 96.955 | +0.026% | $9.3M | $7.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.959 | +0.030% | $37K | $343K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.930 | 0.000% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.950 | +0.021% | $103K | $244K | 15x | as long as short |
| HTX BRENTOIL-USDTshort | 0.0000% | 4h | 96.870 | −0.062% | $278K | $268K | 75x | |
| Phemex XBRUSDTlong | 0.0000% | 4h | 96.930 | long leg | $1.2M | $85K | 100x | |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.479 | +0.566% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0018% | 4h | 96.953 | +0.024% | $222K | $227K | 20x | as long as short |
| BloFin BZ-USDT | +0.0024% | 4h | 96.980 | +0.052% | $1.5M | $86K | 50x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.950 | +0.021% | $3.3M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 96.952 | +0.023% | $676K | $4.7M | 10x | as long as short |
| Vest BZ-PERP | +0.0043% | 1h | 100.96 | +4.158% | — | $735K | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 96.905 | −0.026% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.944 | +0.014% | $151.8M | $125.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.960 | +0.031% | $1.5M | $444K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 96.930 | 0.000% | $3.1M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.990 | +0.062% | $3.8M | $870K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.000 | +0.072% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0162% | 1h | 96.951 | +0.022% | $7K | $43K | 5x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0183% / S +0.0040% | 1h | 96.935 | +0.005% | $126K | — | 111x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0298% | 1h | 96.940 | +0.010% | $83K | $218K | 20x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
BloFin BZ-USDT
Lighter BRENTOIL
Extended XBR-USD
Vest BZ-PERP
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
GMX BRENTOIL/USD [ETH-USDC]
Kraken Futures PF_BRENTOILUSD