Funding you earn now, next payment 07:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.016%
Price spread now: Extended against ApeX Omni−0.040%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.040%, 7d avg +0.012%
=Together, before fees−0.134%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.051% cheaper against ApeX Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BZUSDT | 97.790 | 0.0100 | pay 0.0013% / 1h | 25m 37s | $26K | $273K | 50x |
| Short | Extended XBR-USD | 97.751 | 0.0032 | get 0.0004% / 1h | 25m 37s | $682K | $3.3M | 10x |
ApeX Omni BZUSDT
Extended XBR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against ApeX Omni. 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
- −$14.28
- Price spread: −0.040% → +0.012%
- −$5.15
- Slippage, 4 orders
- −$34.85
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$69.28
- Costs to cover
- 0.499%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 17 min ago; Extended: live order book, 3 min ago.
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 ApeX Omni live order book, 17 min ago | 8.69 bp | 20.6 bp −$21 | 185.2 bp −$1,852 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 1.23 bp | 4.6 bp −$5 | 14.8 bp −$148 | doesn't fit | doesn't fit |
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 | 97.018 | −0.789% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.810 | +0.020% | $236K | $417K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.753 | −0.038% | $340K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.770 | −0.020% | $147.9M | $349.5M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.750 | −0.041% | $10.4M | $13.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.760 | −0.031% | $16.1M | $19.7M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.748 | −0.043% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.710 | −0.082% | $9.3M | $11.0M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.750 | −0.041% | $27.9M | $17.4M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.748 | −0.043% | $9.4M | $6.9M | — | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.798 | +0.008% | $24K | $305K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.800 | +0.010% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.750 | −0.041% | $100K | $252K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.690 | −0.102% | $280K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 98.010 | +0.225% | $1.2M | $86K | 100x | as long as short |
| edgeX BZUSDC | +0.0001% | 4h | 97.760 | −0.031% | $225K | $227K | 20x | as long as short |
| Vest BZ-PERP | +0.0009% | 1h | 101.90 | +4.203% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.315 | +0.536% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.750 | −0.041% | $3.3M | $4.1M | 20x | as long as short |
| Extended XBR-USDshort | +0.0032% | 1h | 97.751 | −0.040% | $682K | $3.3M | 10x | |
| Hotstuff BRENTOIL-PERP | +0.0040% | 1h | 97.760 | −0.031% | $34K | — | 20x | as long as short |
| BloFin BZ-USDT | +0.0050% | 4h | 97.710 | −0.082% | $1.5M | $97K | 50x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.740 | −0.051% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.747 | −0.044% | $155.1M | $116.3M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.817 | +0.028% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.690 | −0.102% | $3.1M | $1.0M | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.0084% | 1h | 97.814 | +0.025% | $7K | $41K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.770 | −0.020% | $3.8M | $808K | 50x | as long as short |
| ApeX Omni BZUSDTlong | +0.0100% | 1h | 97.790 | long leg | $26K | $273K | 50x | |
| Kraken Futures PF_BRENTOILUSD | +0.0158% | 1h | 97.779 | −0.011% | $82K | $206K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.825 | +0.036% | $116K | — | 111x | as long as short |
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Hotstuff BRENTOIL-PERP
BloFin BZ-USDT
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]