Funding you earn now, next payment 04:00 UTC+0.0118%/8h= +13.0% APRnext payment +$0.15 per $10,000 · paid last 24h 0.000%
Price spread now: GMX against Vest−4.012%7-day average −3.141% · 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)+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now −4.012%, 7d avg −3.141%
=Together, before fees+0.253%+ Points / potential airdropVest: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.871% cheaper against Vest than usual: you would sell low and buy high (spread −4.012% now, against its 7-day average of −3.141%). If the spread goes back, that is −$87 on $10k: about 25 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BZ-PERP | 101.08 | 0.0031 | pay 0.0004% / 1h | 11m 06s | — | $735K | 10x |
| Short | GMX BRENTOIL/USD [ETH-USDC] | 97.025 | L +0.0212% / S −0.0149% | get 0.0019% / 1h | 11m 06s | $126K | — | 111x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $24.85
- Price spread: −4.012% → −3.141%
- −$87.07
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$76.22
- Costs to cover
- 0.140%
- Break-even
- 28.5 days
Slippage unknown: Vest: no order-book sample; GMX: 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 GMX no order-book sample | — | — | — | — | — |
Vest and GMX: 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 | 96.433 | −4.597% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0096% | 1h | 97.240 | −3.799% | $234K | $436K | 15x | as long as short |
| BloFin BZ-USDT | −0.0013% | 4h | 97.010 | −4.027% | $1.5M | $92K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.072 | −3.966% | $338K | $954K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.020 | −4.017% | $146.9M | $369.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.010 | −4.027% | $10.4M | $12.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.020 | −4.017% | $16.0M | $20.3M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.026 | −4.010% | $2.2M | $1.4M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.010 | −4.027% | $9.2M | $12.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.020 | −4.017% | $27.7M | $16.5M | 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 | 97.017 | −4.020% | $9.4M | $6.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.140 | −3.898% | $29K | $346K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.060 | −3.977% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.020 | −4.017% | $103K | $235K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.010 | −4.027% | $278K | $268K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.290 | −3.750% | $1.2M | $84K | 100x | as long as short |
| edgeX BZUSDC | +0.0005% | 4h | 97.138 | −3.900% | $223K | $228K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.576 | −3.466% | — | — | — | as long as short |
| Vest BZ-PERPlong | +0.0031% | 1h | 101.08 | long leg | — | $735K | 10x | |
| Lighter BRENTOIL | +0.0032% | 1h | 97.040 | −3.997% | $3.2M | $4.8M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.026 | −4.010% | $680K | $4.3M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.049 | −3.988% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.053 | −3.984% | $153.1M | $127.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.089 | −3.948% | $1.6M | $491K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 96.980 | −4.056% | $3.1M | $1.1M | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0088% | 1h | 97.090 | −3.947% | $33K | — | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.070 | −3.967% | $3.8M | $870K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.170 | −3.868% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0126% | 1h | 97.119 | −3.918% | $7K | $43K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0142% | 1h | 97.061 | −3.976% | $84K | $206K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC]short | L +0.0212% / S −0.0149% | 1h | 97.025 | −4.012% | $126K | — | 111x |
GMX BRENTOIL/USD [ETH-USDC]
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
gTrade (Gains Network) BRENT/USD
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