Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.002%
Price spread now: edgeX against Bitget+0.005%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$450.451% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.005%, 7d avg −0.036%
=Together, before fees+0.026%+ Points / potential airdropedgeX: Active · farm board+$3 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: edgeX is 0.041% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BZUSDT | 97.370 | 0 | get 0.0000% / 4h | 3h 44m | $27.9M | $16.7M | 100x |
| Short | edgeX BZUSDC | 97.375 | 0.0008 | get 0.0004% / 4h | 3h 44m | $223K | $228K | 20x |
Bitget BZUSDT
edgeX BZUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- $1.73
- Price spread: +0.005% → −0.036%
- $4.08
- Slippage, 4 orders
- −$24.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$39.27
- Costs to cover
- 0.451%
- Break-even
- 166.2 days
Slippage from Bitget: live order book, 4 min ago; edgeX: live order book, 7 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 Bitget live order book, 4 min ago | 0.51 bp | 8.6 bp −$9 | 11.4 bp −$114 | 16.8 bp −$1,684 | 47.5 bp −$23.8K |
| Sell edgeX live order book, 7 min ago | 10.29 bp | 14.8 bp −$15 | 16.8 bp −$168 | 100.8 bp −$10.1K | 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 | 96.333 | −1.065% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.270 | −0.103% | $233K | $439K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.360 | −0.010% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.362 | −0.008% | $147.6M | $368.5M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.370 | 0.000% | $10.4M | $12.7M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.370 | 0.000% | $16.0M | $20.4M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.365 | −0.005% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.340 | −0.031% | $9.2M | $12.1M | 100x | as long as short |
| Bitget BZUSDTlong | 0.0000% | 4h | 97.370 | long leg | $27.9M | $16.7M | 100x | |
| Variational Omni BZ | 0.0000% | 4h | 97.348 | −0.023% | $9.4M | $6.8M | — | 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
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 | 97.351 | −0.019% | $29K | $346K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.390 | +0.021% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.380 | +0.010% | $104K | $241K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.320 | −0.051% | $279K | $267K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.400 | +0.031% | $1.2M | $84K | 100x | as long as short |
| edgeX BZUSDCshort | +0.0008% | 4h | 97.375 | +0.005% | $223K | $228K | 20x | |
| BloFin BZ-USDT | +0.0010% | 4h | 97.350 | −0.021% | $1.5M | $92K | 50x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.931 | +0.576% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0030% | 1h | 101.41 | +4.149% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.370 | 0.000% | $3.2M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.389 | +0.019% | $677K | $4.2M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.371 | +0.001% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.409 | +0.040% | $153.6M | $126.2M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.416 | +0.047% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.320 | −0.051% | $3.1M | $1.0M | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0063% | 1h | 97.399 | +0.030% | $82K | $208K | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.420 | +0.051% | $3.8M | $869K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.410 | +0.041% | $26K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0107% | 1h | 97.331 | −0.040% | $7K | $43K | 5x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0136% | 1h | 97.400 | +0.031% | $34K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0235% / S −0.0297% | 1h | 97.365 | −0.005% | $126K | — | 111x | as long as short |
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
BloFin BZ-USDT
gTrade (Gains Network) BRENT/USD
Vest BZ-PERP
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Kraken Futures PF_BRENTOILUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
Hotstuff BRENTOIL-PERP
GMX BRENTOIL/USD [ETH-USDC]