BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.096%

Price spread now: ApeX Omni against Injective+1.005%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and ApeX Omni is 1.005% dearer against Injective than usual: you sell high and buy low: +$100 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective BRENT/USDC PERP	96.817	−0.0220	get 0.0028% / 1h	51m 21s	$8K	$7K	30x
Short	ApeX Omni BZUSDT	97.790	0.0100	get 0.0013% / 1h	51m 21s	$26K	$273K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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 InjectivebpFee ApeX OmnibpOrdersPrice spread, now +1.005%Rate

Funding earned: $67.2
Price spread: +1.005% → 0.000%: $100.5
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $157.68
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 56 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 Injective no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 56 min ago	8.72 bp	20.3 bp −$20	199.4 bp −$1,994	doesn't fit	doesn't fit

Injective: 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 PERPlong	−0.0220%	1h	96.817	long leg	$8K	$7K	30x
Coinbase International BRENTOIL-PERP-INTX	−0.0088%	1h	97.530	+0.736%	$235K	$416K	15x	as long as short
Aster BZUSDT	0.0000%	4h	97.798	+1.014%	$340K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.800	+1.015%	$147.8M	$353.7M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.780	+0.995%	$10.3M	$12.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.790	+1.005%	$16.2M	$20.0M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.770	+0.984%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.750	+0.964%	$9.3M	$10.8M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.800	+1.015%	$27.9M	$17.4M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.658	+0.869%	$9.4M	$6.8M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	97.771	+0.985%	$34K	$307K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.820	+1.036%	$4K	$2.4M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.800	+1.015%	$100K	$251K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.770	+0.984%	$281K	$253K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.770	+0.984%	$1.2M	$80K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.346	+1.580%	—	—	—	as long as short
Vest BZ-PERP	+0.0013%	1h	101.89	+5.240%	—	$735K	10x	as long as short
edgeX BZUSDC	+0.0014%	4h	97.767	+0.981%	$225K	$228K	20x	as long as short
BloFin BZ-USDT	+0.0015%	4h	97.800	+1.015%	$1.5M	$98K	50x	as long as short
Hotstuff BRENTOIL-PERP	+0.0016%	1h	97.810	+1.026%	$34K	—	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.800	+1.015%	$3.3M	$4.0M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.799	+1.015%	$678K	$3.5M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.800	+1.015%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.812	+1.028%	$154.9M	$118.7M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.823	+1.039%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.750	+0.964%	$3.1M	$996K	15x	as long as short
Aftermath Perps BRENTUSD	+0.0077%	1h	97.739	+0.952%	$7K	$41K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.810	+1.026%	$3.8M	$830K	50x	as long as short
ApeX Omni BZUSDTshort	+0.0100%	1h	97.790	+1.005%	$26K	$273K	50x
Kraken Futures PF_BRENTOILUSD	+0.0158%	1h	97.791	+1.006%	$82K	$208K	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0329% / S −0.2771%	1h	97.785	+1.000%	$116K	—	111x	as long as short