BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.021%

Price spread now: KuCoin against Binance−0.102%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$390.392% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 2 days (all we have)+0.095%+$9 · spread now −0.102%, 7d avg +0.014%

Together, before fees+0.187%+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.116% cheaper against Binance than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of +0.014%). If the spread goes back, that is −$12 on $10k: about 3.9 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.093% in total) that is about 8.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BZUSDT	96.198	0	get 0.0000% / 4h	13m 06s	$145.8M	$452.6M	100x
Short	KuCoin BZUSDTM	96.100	0.0100	get 0.0050% / 4h	13m 06s	$3.8M	$988K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.102%Rate

Funding earned: $21
Price spread: −0.102% → +0.014%: −$11.64
Slippage, 4 orders: −$17.19
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$29.83
Costs to cover: 0.392%
Break-even: 16.9 days

Slippage from Binance: live order book, 16 min ago; KuCoin: live order book, 4 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 Binance live order book, 16 min ago	0.52 bp	5.5 bp −$6	6.1 bp −$61	15.7 bp −$1,574	52.7 bp −$26.4K
Sell KuCoin live order book, 4 min ago	1.04 bp	12.2 bp −$12	45.7 bp −$457	doesn't fit	doesn't fit

BZ on 30 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
GMX BRENTOIL/USD [ETH-USDC]	L −0.0848% / S +0.0467%	1h	96.195	−0.004%	$120K	—	111x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.484	−0.743%	$8K	$7K	30x	as long as short
Hotstuff BRENTOIL-PERP	−0.0072%	1h	96.240	+0.043%	$33K	—	20x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0040%	1h	96.070	−0.133%	$232K	$534K	15x	as long as short
RISEx BZ/USDC	−0.0020%	1h	96.189	−0.010%	$2.2M	$1.3M	20x	as long as short
Aster BZUSDT	0.0000%	4h	96.210	+0.012%	$334K	$1.2M	50x	as long as short
Binance BZUSDTlong	0.0000%	4h	96.198	long leg	$145.8M	$452.6M	100x
Bybit BZUSDT	0.0000%	8h	96.210	+0.012%	$10.5M	$16.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.190	−0.009%	$15.8M	$26.5M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	96.160	−0.040%	$9.2M	$16.4M	100x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	96.180	−0.019%	$27.6M	$20.4M	100x	as long as short
Variational Omni BZ	0.0000%	4h	96.181	−0.018%	$9.3M	$7.7M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.206	+0.008%	$34K	$375K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.220	+0.022%	$4K	$2.7M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.230	+0.033%	$103K	$275K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.120	−0.081%	$306K	$249K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.200	+0.002%	$1.2M	$94K	100x	as long as short
edgeX BZUSDC	+0.0012%	4h	96.186	−0.013%	$220K	$234K	20x	as long as short
Paradex BZ-USD-PERP	+0.0029%	8h	96.189	−0.010%	$3K	$521	5x	as long as short
BloFin BZ-USDT	+0.0039%	4h	96.160	−0.040%	$1.5M	$96K	50x	as long as short
Vest BZ-PERP	+0.0046%	1h	99.880	+3.827%	—	$735K	10x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.242	+0.045%	$151.1M	$144.1M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.262	+0.066%	$1.5M	$525K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0083%	1h	96.270	+0.074%	$6K	$44K	5x	as long as short
KuCoin BZUSDTMshort	+0.0100%	4h	96.100	−0.102%	$3.8M	$988K	50x
ApeX Omni BZUSDT	+0.0100%	1h	96.210	+0.012%	$25K	$271K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0113%	1h	96.246	+0.049%	$83K	$234K	20x	as long as short
Lighter BRENTOIL	+0.0272%	1h	96.220	+0.022%	$3.3M	$4.3M	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0405%	1h	96.160	−0.040%	$3.1M	$1.1M	15x	as long as short
Extended XBR-USD	+0.0560%	1h	96.132	−0.069%	$675K	$5.2M	10x	as long as short