Funding you earn now, next payment 03:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.003%
Price spread now: gTrade (Gains Network) against Variational Omni+0.628%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and gTrade (Gains Network) is 0.628% dearer against Variational Omni than usual: you sell high and buy low: +$63 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BZ | 96.939 | 0 | get 0.0000% / 4h | 1h 51m | $9.3M | $7.1M | — |
| Short | gTrade (Gains Network) BRENT/USD | 97.547 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 51m 45s | — | — | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- $2.34
- Price spread: +0.628% → 0.000%
- $62.76
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $55.1
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; gTrade (Gains Network): no order-book sample. 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, 2 min ago | 2.63 bp | doesn't fit | 4.3 bp −$43 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 30 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 | 96.207 | −0.755% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0104% | 1h | 96.810 | −0.133% | $234K | $425K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.021 | +0.085% | $337K | $998K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.052 | +0.116% | $146.7M | $375.7M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.020 | +0.084% | $10.3M | $13.4M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.050 | +0.114% | $15.9M | $20.8M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 96.963 | +0.025% | $2.3M | $1.3M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | 0.0000% | 1h | 96.920 | −0.020% | $33K | — | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.970 | +0.032% | $9.2M | $12.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.050 | +0.114% | $27.4M | $16.4M | 100x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZlong | 0.0000% | 4h | 96.939 | long leg | $9.3M | $7.1M | — | |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.949 | +0.010% | $37K | $343K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.980 | +0.042% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.020 | +0.084% | $104K | $238K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.990 | +0.053% | $278K | $269K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.010 | +0.073% | $1.2M | $84K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | L +0.0011% / S −0.0011% | 1h | 97.547 | +0.628% | — | — | — | |
| edgeX BZUSDC | +0.0019% | 4h | 96.922 | −0.018% | $222K | $227K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.050 | +0.114% | $3.3M | $4.5M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.028 | +0.092% | $677K | $4.9M | 10x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 101.05 | +4.241% | — | $735K | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0049% | 8h | 97.046 | +0.110% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.062 | +0.127% | $152.1M | $125.6M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.084 | +0.150% | $1.5M | $446K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 96.980 | +0.042% | $3.1M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.100 | +0.166% | $3.8M | $876K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.950 | +0.011% | $25K | $273K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0180% / S +0.0063% | 1h | 97.015 | +0.078% | $126K | — | 111x | as long as short |
| Aftermath Perps BRENTUSD | +0.0203% | 1h | 96.932 | −0.007% | $8K | $44K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0298% | 1h | 97.019 | +0.082% | $84K | $218K | 20x | as long as short |
Variational Omni BZ
gTrade (Gains Network) BRENT/USD
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]
Aftermath Perps BRENTUSD
Kraken Futures PF_BRENTOILUSD