BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h +0.047%

Price spread now: Kraken Futures against Vest−3.980%7-day average −3.102% · you buy dearer than you sell

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

Long on Vest Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.345%−$34 on $10k

Price spread, last 3 days (all we have)+0.257%+$26 · spread now −3.980%, 7d avg −3.102%

Together, before fees−0.088%+ Points / potential airdropVest: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Kraken Futures is 0.878% cheaper against Vest than usual: you would sell low and buy high (−$88 if the spread goes back to its 7-day average of −3.102%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest BZ-PERP	100.76	0.0046	pay 0.0006% / 1h	1h 00m	—	$735K	10x
Short	Kraken Futures PF_BRENTOILUSD	96.750	0.0020	get 0.0002% / 1h	1h 00m	$83K	$220K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Vest. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 Kraken FuturesbpOrdersPrice spread, now −3.980%Rate

Funding earned: −$5.46
Price spread: −3.980% → −3.102%: −$87.77
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$105.22
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Kraken Futures: live order book, 7 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 Kraken Futures live order book, 7 min ago	3.72 bp	16.5 bp −$17	36.9 bp −$369	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	95.731	−4.991%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.650	−4.079%	$234K	$440K	15x	as long as short
BloFin BZ-USDT	−0.0004%	4h	96.670	−4.059%	$1.5M	$91K	50x	as long as short
Aster BZUSDT	0.0000%	4h	96.725	−4.004%	$336K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.722	−4.007%	$145.9M	$401.8M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.700	−4.029%	$10.4M	$15.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.730	−4.000%	$15.9M	$24.1M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.731	−3.999%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.680	−4.049%	$9.2M	$14.4M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.720	−4.010%	$27.6M	$17.8M	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	96.668	−4.061%	$9.3M	$7.4M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.676	−4.053%	$24K	$366K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.730	−4.000%	$4K	$2.6M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.750	−3.980%	$103K	$271K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.700	−4.029%	$308K	$222K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.720	−4.010%	$1.2M	$93K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.262	−3.472%	—	—	—	as long as short
edgeX BZUSDC	+0.0015%	4h	96.699	−4.031%	$221K	$233K	20x	as long as short
Kraken Futures PF_BRENTOILUSDshort	+0.0020%	1h	96.750	−3.980%	$83K	$220K	20x
Lighter BRENTOIL	+0.0032%	1h	96.730	−4.000%	$3.4M	$4.4M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.727	−4.002%	$721K	$5.3M	10x	as long as short
Vest BZ-PERPlong	+0.0046%	1h	100.76	long leg	—	$735K	10x
Paradex BZ-USD-PERP	+0.0046%	8h	96.709	−4.020%	$3K	$521	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.731	−3.999%	$151.7M	$138.0M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.773	−3.957%	$1.5M	$506K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.630	−4.099%	$3.1M	$1.1M	15x	as long as short
Hotstuff BRENTOIL-PERP	+0.0064%	1h	96.700	−4.029%	$33K	—	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.740	−3.990%	$3.8M	$921K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.740	−3.990%	$25K	$272K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0202% / S +0.0121%	1h	96.725	−4.005%	$126K	—	111x	as long as short
Aftermath Perps BRENTUSD	+0.0322%	1h	96.737	−3.993%	$7K	$44K	5x	as long as short