BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0008%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.037%

Price spread now: Ondo Perps against Vest−4.097%7-day average −3.299% · you buy dearer than you sell

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

Long on Vest Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.144%+$14 on $10k

Price spread, last 4 days (all we have)+0.223%+$22 · spread now −4.097%, 7d avg −3.299%

Together, before fees+0.367%+ Points / potential airdropVest: Active · Ondo Perps: Active · farm board+$37 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.798% cheaper against Vest than usual: you would sell low and buy high, −$80 on $10k if it goes back to its 7-day average of −3.299%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest BZ-PERP	101.04	0.0043	pay 0.0005% / 1h	24m 57s	—	$735K	10x
Short	Ondo Perps BRENT-USD.P	96.900	0.0050	get 0.0006% / 1h	24m 57s	$3.1M	$1.1M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −4.097%Rate

Funding earned: $1.6
Price spread: −4.097% → −3.299%: −$79.8
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$85.2
Costs to cover: 0.070%
Break-even: 380.7 days

Slippage unknown: Vest: no order-book sample; Ondo Perps: 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 Ondo Perps no order-book sample	—	—	—	—	—

Vest and Ondo Perps: 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	−4.826%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0104%	1h	96.900	−4.097%	$233K	$431K	15x	as long as short
Aster BZUSDT	0.0000%	4h	96.977	−4.021%	$337K	$984K	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.910	−4.087%	$146.7M	$373.7M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.930	−4.068%	$10.3M	$13.2M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.900	−4.097%	$16.0M	$20.5M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.970	−4.028%	$2.3M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.880	−4.117%	$9.2M	$12.3M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.940	−4.058%	$27.4M	$16.3M	100x	as long as short
Variational Omni BZ	0.0000%	4h	96.955	−4.043%	$9.3M	$7.1M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	96.959	−4.039%	$37K	$343K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.000	−3.998%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.990	−4.008%	$103K	$243K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.920	−4.078%	$278K	$268K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.990	−4.008%	$1.2M	$85K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.532	−3.472%	—	—	—	as long as short
edgeX BZUSDC	+0.0018%	4h	96.953	−4.044%	$222K	$227K	20x	as long as short
BloFin BZ-USDT	+0.0024%	4h	96.980	−4.018%	$1.5M	$86K	50x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.990	−4.008%	$3.3M	$4.7M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.929	−4.069%	$676K	$4.7M	10x	as long as short
Vest BZ-PERPlong	+0.0043%	1h	101.04	long leg	—	$735K	10x
Paradex BZ-USD-PERP	+0.0050%	8h	96.978	−4.020%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.995	−4.003%	$151.9M	$125.5M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.038	−3.961%	$1.5M	$444K	20x	as long as short
Ondo Perps BRENT-USD.Pshort	+0.0050%	1h	96.900	−4.097%	$3.1M	$1.1M	15x
KuCoin BZUSDTM	+0.0100%	4h	97.010	−3.989%	$3.8M	$869K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.000	−3.998%	$25K	$274K	50x	as long as short
Hotstuff BRENTOIL-PERP	+0.0112%	1h	96.990	−4.008%	$33K	—	20x	as long as short
Aftermath Perps BRENTUSD	+0.0161%	1h	96.961	−4.037%	$7K	$43K	5x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0183% / S +0.0041%	1h	96.985	−4.013%	$126K	—	111x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0298%	1h	97.011	−3.988%	$84K	$218K	20x	as long as short