BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.45 per $10,000 · paid last 24h +0.027%

Price spread now: KuCoin against edgeX+0.106%113s7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$510.511% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.151%+$15 on $10k

Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.106%, 7d avg +0.045%

Together, before fees+0.074%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.061% dearer against edgeX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.045%. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX BZUSDC	97.467	0.0010	pay 0.0005% / 4h	3h 05m	$224K	$227K	20x
Short	KuCoin BZUSDTM	97.570	0.0100	get 0.0050% / 4h	3h 05m	$3.8M	$849K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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 edgeXbpFee KuCoinbpOrdersPrice spread, now +0.106%Rate

Funding earned: $18.95
Price spread: +0.106% → +0.045%: $6.15
Slippage, 4 orders: −$30.11
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$26.01
Costs to cover: 0.511%
Break-even: 16.6 days

Slippage from edgeX: live order book, 46 min ago; KuCoin: 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 edgeX live order book, 46 min ago	10.29 bp	14.8 bp −$15	15.7 bp −$157	61.5 bp −$6,145	doesn't fit
Sell KuCoin live order book, 7 min ago	0.51 bp	15.0 bp −$15	40.6 bp −$406	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	96.536	−0.955%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0088%	1h	97.460	−0.007%	$237K	$443K	15x	as long as short
BloFin BZ-USDT	−0.0021%	4h	97.500	+0.034%	$1.5M	$97K	50x	as long as short
Aster BZUSDT	0.0000%	4h	97.482	+0.016%	$339K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.500	+0.034%	$147.4M	$366.9M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.490	+0.024%	$10.4M	$12.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.500	+0.034%	$16.1M	$20.5M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.471	+0.004%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.460	−0.007%	$9.2M	$12.2M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.490	+0.024%	$28.0M	$16.6M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BZ	0.0000%	4h	97.468	+0.001%	$9.3M	$6.9M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.481	+0.015%	$26K	$314K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.510	+0.044%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.480	+0.014%	$102K	$248K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.460	−0.007%	$280K	$267K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.520	+0.055%	$1.2M	$82K	100x	as long as short
edgeX BZUSDClong	+0.0010%	4h	97.467	long leg	$224K	$227K	20x
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.032	+0.580%	—	—	—	as long as short
Vest BZ-PERP	+0.0024%	1h	101.53	+4.169%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.500	+0.034%	$3.2M	$4.7M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.500	+0.034%	$680K	$3.9M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.494	+0.028%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.508	+0.042%	$153.8M	$125.6M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.517	+0.052%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.450	−0.017%	$3.1M	$1.0M	15x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0063%	1h	97.476	+0.009%	$82K	$208K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0079%	1h	97.455	−0.012%	$7K	$42K	5x	as long as short
KuCoin BZUSDTMshort	+0.0100%	4h	97.570	+0.106%	$3.8M	$849K	50x
ApeX Omni BZUSDT	+0.0100%	1h	97.490	+0.024%	$26K	$274K	50x	as long as short
Hotstuff BRENTOIL-PERP	+0.0104%	1h	97.500	+0.034%	$34K	—	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0275% / S −0.1776%	1h	97.485	+0.019%	$115K	—	111x	as long as short