BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0057%/8h= +6.3% APRnext payment +$0.07 per $10,000 · paid last 24h +0.049%

Price spread now: ApeX Omni against Vest−3.922%62s7-day average −3.247% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.115%+$12 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now −3.922%, 7d avg −3.247%

Together, before fees+0.190%+ Points / potential airdropVest: Active · farm board+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.675% cheaper against Vest than usual: you would sell low and buy high (spread −3.922% now, against its 7-day average of −3.247%). If the spread goes back, that is −$68 on $10k: about 39 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.115% in total) that is about 19 days. The two prices were read 62 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	Vest BZ-PERP	100.96	0.0043	pay 0.0005% / 1h	23m 46s	—	$735K	10x
Short	ApeX Omni BZUSDT	97.000	0.0100	get 0.0013% / 1h	23m 46s	$25K	$274K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Vest. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee VestbpFee ApeX OmnibpOrdersPrice spread, now −3.922%Rate

Funding earned: $12.05
Price spread: −3.922% → −3.247%: −$67.51
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$67.46
Costs to cover: 0.120%
Break-even: 46.2 days

Slippage unknown: Vest: no order-book sample; ApeX Omni: 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 Vest no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 38 min ago	8.78 bp	19.7 bp −$20	184.0 bp −$1,840	doesn't fit	doesn't fit

Vest: 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	96.164	−4.750%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0104%	1h	96.900	−4.021%	$233K	$431K	15x	as long as short
Hotstuff BRENTOIL-PERP	−0.0016%	1h	96.910	−4.011%	$33K	—	20x	as long as short
Aster BZUSDT	0.0000%	4h	96.967	−3.955%	$337K	$984K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.029	−3.893%	$146.9M	$373.3M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.990	−3.932%	$10.3M	$13.2M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.000	−3.922%	$16.0M	$20.5M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.001	−3.921%	$2.3M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.960	−3.962%	$9.2M	$12.3M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.010	−3.912%	$27.4M	$16.3M	100x	as long as short

Show 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	−3.967%	$9.3M	$7.1M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.959	−3.963%	$37K	$343K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.930	−3.992%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.950	−3.972%	$103K	$244K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.870	−4.051%	$278K	$268K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.930	−3.992%	$1.2M	$85K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.479	−3.448%	—	—	—	as long as short
edgeX BZUSDC	+0.0018%	4h	96.953	−3.968%	$222K	$227K	20x	as long as short
BloFin BZ-USDT	+0.0024%	4h	96.980	−3.942%	$1.5M	$86K	50x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.030	−3.893%	$3.3M	$4.7M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.028	−3.895%	$676K	$4.7M	10x	as long as short
Vest BZ-PERPlong	+0.0043%	1h	100.96	long leg	—	$735K	10x
Paradex BZ-USD-PERP	+0.0050%	8h	97.013	−3.910%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.042	−3.881%	$152.0M	$125.1M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.960	−3.962%	$1.5M	$444K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.930	−3.992%	$3.1M	$1.1M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.040	−3.883%	$3.8M	$870K	50x	as long as short
ApeX Omni BZUSDTshort	+0.0100%	1h	97.000	−3.922%	$25K	$274K	50x
Aftermath Perps BRENTUSD	+0.0162%	1h	96.951	−3.971%	$7K	$43K	5x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0183% / S +0.0040%	1h	96.935	−3.987%	$126K	—	111x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0298%	1h	96.940	−3.982%	$83K	$218K	20x	as long as short