Funding you earn now, next payment 02:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.024%
Price spread now: Coinbase International against Variational Omni−0.099%7-day average −0.090% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.236%−$24 on $10k
+Price spread, last 4 days (all we have)−0.141%−$14 · spread now −0.099%, 7d avg −0.090%
=Together, before fees−0.377%+ Points / potential airdropVariational Omni: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.090%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BZ | 97.086 | 0 | get 0.0000% / 4h | 1h 03m | $9.4M | $7.0M | — |
| Short | Coinbase International BRENTOIL-PERP-INTX | 96.990 | −0.0104 | pay 0.0013% / 1h | 3m 52s | $234K | $433K | 15x |
Variational Omni BZ
Coinbase International BRENTOIL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- −$21.84
- Price spread: −0.099% → −0.090%
- −$0.91
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$32.75
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; Coinbase International: live order book, 59 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 Variational Omni RFQ quote, just now | 2.62 bp | doesn't fit | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 59 min ago | 0.52 bp | 5.5 bp −$6 | 8.1 bp −$81 | 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 | 96.141 | −0.973% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTXshort | −0.0104% | 1h | 96.990 | −0.099% | $234K | $433K | 15x | |
| Hotstuff BRENTOIL-PERP | −0.0080% | 1h | 97.190 | +0.107% | $33K | — | 20x | as long as short |
| BloFin BZ-USDT | −0.0040% | 4h | 97.080 | −0.006% | $1.5M | $91K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.232 | +0.150% | $338K | $969K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.233 | +0.151% | $147.1M | $372.9M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.210 | +0.128% | $10.3M | $13.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.200 | +0.117% | $16.0M | $20.4M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.190 | +0.107% | $2.3M | $1.3M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.160 | +0.076% | $9.2M | $12.4M | 100x | as long as short |
Injective BRENT/USDC PERP
Hotstuff BRENTOIL-PERP
BloFin BZ-USDT
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 | 97.220 | +0.138% | $27.5M | $16.4M | 100x | as long as short |
| Variational Omni BZlong | 0.0000% | 4h | 97.086 | long leg | $9.4M | $7.0M | — | |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.972 | −0.118% | $37K | $343K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.210 | +0.128% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.250 | +0.169% | $104K | $248K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.000 | −0.089% | $278K | $268K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.220 | +0.138% | $1.2M | $86K | 100x | as long as short |
| edgeX BZUSDC | +0.0009% | 4h | 97.042 | −0.046% | $222K | $227K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.779 | +0.714% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.230 | +0.148% | $3.3M | $4.8M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.219 | +0.137% | $675K | $4.6M | 10x | as long as short |
| Vest BZ-PERP | +0.0039% | 1h | 101.24 | +4.279% | — | $735K | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.173 | +0.089% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.223 | +0.141% | $152.4M | $125.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.287 | +0.207% | $1.6M | $444K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.090 | +0.004% | $3.1M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.240 | +0.159% | $3.8M | $871K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.020 | −0.068% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0116% | 1h | 97.061 | −0.026% | $7K | $43K | 5x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0187% / S +0.0023% | 1h | 97.235 | +0.153% | $126K | — | 111x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0298% | 1h | 97.237 | +0.155% | $84K | $218K | 20x | as long as short |
Bitget BZUSDT
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
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