Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: Phemex against Aster+0.051%7-day average +0.220% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.433%+$43 on $10k
+Price spread, last 4 days (all we have)+0.315%+$32 · spread now +0.051%, 7d avg +0.220%
=Together, before fees+0.748%+ Points / potential airdropAster: Stage 5 · farm board+$75 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: Phemex is 0.169% cheaper against Aster than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.220%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BZUSDT | 97.730 | 0 | get 0.0000% / 4h | 1h 18m | $340K | $880K | 50x |
| Short | Phemex XBRUSDT | 97.780 | 0 | get 0.0000% / 4h | 1h 18m | $1.2M | $86K | 100x |
Aster BZUSDT
Phemex XBRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Aster. 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
- $0
- Price spread: +0.051% → +0.220%
- −$16.94
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$36.94
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 30 min ago; Phemex: live order book, 4 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 Aster live order book, 30 min ago | 2.05 bp | 6.0 bp −$6 | 6.4 bp −$64 | 52.6 bp −$5,257 | doesn't fit |
| Sell Phemex live order book, 4 min ago | 10.74 bp | doesn't fit | doesn't fit | 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 | −0.729% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.700 | −0.031% | $237K | $417K | 15x | as long as short |
| BloFin BZ-USDT | −0.0048% | 4h | 97.710 | −0.021% | $1.5M | $97K | 50x | as long as short |
| Aster BZUSDTlong | 0.0000% | 4h | 97.730 | long leg | $340K | $880K | 50x | |
| Binance BZUSDT | 0.0000% | 4h | 97.730 | 0.000% | $147.8M | $350.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.700 | −0.031% | $10.4M | $13.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.710 | −0.021% | $16.1M | $19.7M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.686 | −0.046% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.670 | −0.062% | $9.3M | $11.1M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.710 | −0.021% | $27.9M | $17.4M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.718 | −0.013% | $9.4M | $6.9M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.779 | +0.049% | $24K | $305K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.730 | 0.000% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.720 | −0.010% | $100K | $252K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.690 | −0.041% | $280K | $253K | 75x | as long as short |
| Phemex XBRUSDTshort | 0.0000% | 4h | 97.780 | +0.051% | $1.2M | $86K | 100x | |
| edgeX BZUSDC | +0.0006% | 4h | 97.768 | +0.039% | $225K | $227K | 20x | as long as short |
| Vest BZ-PERP | +0.0009% | 1h | 101.84 | +4.205% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.278 | +0.560% | — | — | — | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0024% | 1h | 97.740 | +0.010% | $34K | — | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.720 | −0.010% | $3.3M | $4.1M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.717 | −0.013% | $682K | $3.3M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.728 | −0.003% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.730 | 0.000% | $155.1M | $115.8M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.753 | +0.023% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.610 | −0.123% | $3.1M | $1.0M | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.0091% | 1h | 97.734 | +0.004% | $7K | $41K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.710 | −0.021% | $3.8M | $817K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.740 | +0.010% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0158% | 1h | 97.736 | +0.006% | $82K | $206K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.725 | −0.005% | $116K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
edgeX BZUSDC
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
Hotstuff BRENTOIL-PERP
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]