Funding you earn now, next payment 09:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h −0.006%
Price spread now: tradeXYZ against Aftermath Perps−0.153%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.153% cheaper against Aftermath Perps than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps BRENTUSD | 97.239 | 0.0055 | pay 0.0007% / 1h | 20m 03s | $7K | $39K | 5x |
| Short | tradeXYZ xyz:BRENTOIL | 97.090 | 0.0050 | get 0.0006% / 1h | 20m 03s | $154.4M | $116.9M | 20x |
Aftermath Perps BRENTUSD
tradeXYZ xyz:BRENTOILFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Aftermath Perps. 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
- −$1.05
- Price spread: −0.153% → 0.000%
- −$15.28
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$43.33
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; tradeXYZ: live order book, 10 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 10 min ago | 0.05 bp | 9.7 bp −$10 | 10.5 bp −$105 | doesn't fit | doesn't fit |
Aftermath 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0265% | 1h | 97.070 | −0.173% | $100K | $267K | 15x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.342 | −0.922% | $8K | $7K | 30x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0087% | 1h | 96.980 | −0.266% | $3.1M | $1.0M | 15x | as long as short |
| GRVT BZ_USDT_Perp | −0.0064% | 4h | 97.181 | −0.060% | $13K | $340K | 25x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.240 | +0.002% | $237K | $410K | 15x | as long as short |
| RISEx BZ/USDC | −0.0039% | 1h | 97.039 | −0.206% | $2.4M | $1.8M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.0002% | 1h | 97.110 | −0.132% | $82K | $198K | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.924 | −0.324% | $336K | $707K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.880 | −0.369% | $147.7M | $358.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.000 | −0.245% | $10.2M | $13.4M | 100x | as long as short |
Deribit BRENTOIL_USDC-PERPETUAL
Injective BRENT/USDC PERP
Ondo Perps BRENT-USD.P
GRVT BZ_USDT_Perp
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDC
Kraken Futures PF_BRENTOILUSD
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.940 | −0.307% | $16.2M | $20.2M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.000 | −0.245% | $9.2M | $10.7M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.050 | −0.194% | $27.9M | $19.2M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.031 | −0.213% | $9.4M | $6.1M | — | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.100 | −0.142% | $4K | $2.2M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.080 | −0.163% | $279K | $251K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.190 | −0.050% | $1.2M | $82K | 100x | as long as short |
| Vest BZ-PERP | +0.0007% | 1h | 100.95 | +3.817% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.629 | +0.402% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0012% | 4h | 97.177 | −0.063% | $224K | $230K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.060 | −0.184% | $3.4M | $4.3M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 96.972 | −0.274% | $749K | $2.7M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0043% | 8h | 97.114 | −0.128% | $2K | $1K | 5x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0048% | 1h | 97.140 | −0.101% | $33K | — | 20x | as long as short |
| tradeXYZ xyz:BRENTOILshort | +0.0050% | 1h | 97.090 | −0.153% | $154.4M | $116.9M | 20x | |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.095 | −0.148% | $1.6M | $336K | 20x | as long as short |
| Aftermath Perps BRENTUSDlong | +0.0055% | 1h | 97.239 | long leg | $7K | $39K | 5x | |
| BloFin BZ-USDT | +0.0060% | 4h | 97.040 | −0.204% | $1.5M | $101K | 50x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.020 | −0.225% | $3.7M | $786K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.220 | −0.019% | $25K | $273K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0327% / S −0.2771% | 1h | 97.065 | −0.178% | $115K | — | 111x | as long as short |
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
Hotstuff BRENTOIL-PERP
Polymarket Perps BRENTOIL-USD
BloFin BZ-USDT
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]