Funding you earn now, next payment 04:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.03 per $10,000 · paid last 24h +0.019%
Price spread now: gTrade (Gains Network) against Vest−3.431%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 3.431% cheaper against Vest than usual: you would sell low and buy high (−$343 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BZ-PERP | 101.24 | 0.0034 | pay 0.0004% / 1h | 33m 57s | — | $735K | 10x |
| Short | gTrade (Gains Network) BRENT/USD | 97.766 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 33m 57s | — | — | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Vest. 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
- −$4.73
- Price spread: −3.431% → 0.000%
- −$343.12
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$359.85
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Vest and 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 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 | 96.571 | −4.612% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0096% | 1h | 97.240 | −3.951% | $234K | $437K | 15x | as long as short |
| BloFin BZ-USDT | −0.0009% | 4h | 97.210 | −3.981% | $1.5M | $92K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.222 | −3.969% | $338K | $954K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.218 | −3.973% | $147.1M | $371.3M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.200 | −3.991% | $10.4M | $13.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.220 | −3.971% | $16.0M | $20.4M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.206 | −3.985% | $2.2M | $1.4M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.160 | −4.030% | $9.2M | $12.2M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.220 | −3.971% | $27.5M | $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 | 97.238 | −3.953% | $9.4M | $6.9M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.240 | −3.951% | $28K | $352K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.230 | −3.961% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.240 | −3.951% | $104K | $237K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.170 | −4.020% | $279K | $268K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.320 | −3.872% | $1.2M | $84K | 100x | as long as short |
| edgeX BZUSDC | +0.0008% | 4h | 97.209 | −3.982% | $223K | $227K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | L +0.0011% / S −0.0011% | 1h | 97.766 | −3.431% | — | — | — | |
| Hotstuff BRENTOIL-PERP | +0.0016% | 1h | 97.280 | −3.911% | $34K | — | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.240 | −3.951% | $3.3M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.236 | −3.955% | $680K | $4.5M | 10x | as long as short |
| Vest BZ-PERPlong | +0.0034% | 1h | 101.24 | long leg | — | $735K | 10x | |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.214 | −3.976% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.247 | −3.944% | $153.0M | $124.8M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.273 | −3.918% | $1.6M | $491K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.170 | −4.020% | $3.1M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.240 | −3.951% | $3.8M | $870K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.260 | −3.931% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0100% | 1h | 97.264 | −3.927% | $7K | $43K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0142% | 1h | 97.253 | −3.938% | $84K | $207K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0200% / S −0.0061% | 1h | 97.215 | −3.976% | $126K | — | 111x | as long as short |
gTrade (Gains Network) BRENT/USD
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 BZUSDT
Variational Omni BZ
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
Aftermath Perps BRENTUSD
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]