Funding you earn now, next payment 02:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h −0.036%
Price spread now: Vest against Extended+4.161%7-day average +3.225% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)−0.270%−$27 · spread now +4.161%, 7d avg +3.225%
=Together, before fees−0.285%+ Points / potential airdropExtended: Active · Vest: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Vest is 0.936% dearer against Extended than usual: you sell high and buy low: +$94 more if the spread goes back to its 7-day average of +3.225%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XBR-USD | 96.773 | 0.0032 | pay 0.0004% / 1h | 36m 30s | $672K | $5.2M | 10x |
| Short | Vest BZ-PERP | 100.80 | 0.0046 | get 0.0006% / 1h | 36m 30s | — | $735K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Extended. 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
- $2.87
- Price spread: +4.161% → +3.225%
- $93.61
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $89.48
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 2 min ago; Vest: no order-book sample. 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 Extended live order book, 2 min ago | 1.60 bp | 4.8 bp −$5 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 96.070 | −0.726% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0136% | 1h | 96.650 | −0.127% | $234K | $421K | 15x | as long as short |
| BloFin BZ-USDT | −0.0052% | 4h | 96.760 | −0.013% | $1.5M | $90K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.790 | +0.018% | $336K | $1.2M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.786 | +0.013% | $146.2M | $387.6M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.760 | −0.013% | $10.3M | $14.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.770 | −0.003% | $15.9M | $22.7M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 96.766 | −0.007% | $2.2M | $1.3M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.740 | −0.034% | $9.2M | $12.7M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.790 | +0.018% | $27.6M | $16.5M | 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 | 96.790 | +0.018% | $9.3M | $7.2M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.738 | −0.036% | $24K | $341K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.810 | +0.038% | $4K | $2.6M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.750 | −0.024% | $277K | $269K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.790 | +0.018% | $1.2M | $85K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.309 | +0.554% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0013% | 4h | 96.740 | −0.034% | $222K | $232K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.770 | −0.003% | $3.3M | $4.4M | 20x | as long as short |
| Extended XBR-USDlong | +0.0032% | 1h | 96.773 | long leg | $672K | $5.2M | 10x | |
| Vest BZ-PERPshort | +0.0046% | 1h | 100.80 | +4.161% | — | $735K | 10x | |
| Paradex BZ-USD-PERP | +0.0048% | 8h | 96.766 | −0.007% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.803 | +0.031% | $151.6M | $129.2M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.840 | +0.069% | $1.5M | $486K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 96.750 | −0.024% | $3.1M | $1.1M | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0056% | 1h | 96.810 | +0.038% | $33K | — | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.0060% | 1h | 96.830 | +0.059% | $103K | $271K | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.840 | +0.069% | $3.8M | $892K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.740 | −0.034% | $25K | $273K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0206% / S +0.0101% | 1h | 96.785 | +0.012% | $126K | — | 111x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0253% | 1h | 96.812 | +0.040% | $83K | $218K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0267% | 1h | 96.832 | +0.061% | $7K | $45K | 5x | as long as short |
Extended XBR-USD
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Deribit BRENTOIL_USDC-PERPETUAL
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]
Kraken Futures PF_BRENTOILUSD
Aftermath Perps BRENTUSD