Funding you earn now, next payment 07:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.064%
Price spread now: Binance against Injective+0.732%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 +$7 a day on $10k at the current rate, and Binance is 0.732% dearer against Injective than usual: you sell high and buy low: +$73 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 | 97.018 | −0.0220 | get 0.0028% / 1h | 28m 54s | $8K | $7K | 30x |
| Short | Binance BZUSDT | 97.728 | 0 | get 0.0000% / 4h | 1h 28m | $147.7M | $349.7M | 100x |
Injective BRENT/USDC PERP
Binance BZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $46.2
- Price spread: +0.732% → 0.000%
- $73.19
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $109.37
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 15 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 Binance live order book, 15 min ago | 0.51 bp | 5.5 bp −$6 | 6.4 bp −$64 | 13.5 bp −$1,347 | 35.2 bp −$17.6K |
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 | 97.018 | long leg | $8K | $7K | 30x | |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.810 | +0.816% | $236K | $417K | 15x | as long as short |
| BloFin BZ-USDT | −0.0048% | 4h | 97.720 | +0.724% | $1.5M | $97K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.735 | +0.739% | $340K | $930K | 50x | as long as short |
| Binance BZUSDTshort | 0.0000% | 4h | 97.728 | +0.732% | $147.7M | $349.7M | 100x | |
| Bybit BZUSDT | 0.0000% | 8h | 97.700 | +0.703% | $10.4M | $13.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.720 | +0.724% | $16.1M | $19.7M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.751 | +0.756% | $2.4M | $1.7M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | 0.0000% | 1h | 97.760 | +0.765% | $34K | — | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.670 | +0.672% | $9.3M | $11.0M | 100x | as long as short |
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Hotstuff BRENTOIL-PERP
Gate BZ_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDT | 0.0000% | 4h | 97.730 | +0.734% | $27.9M | $17.3M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.768 | +0.773% | $9.4M | $6.9M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.782 | +0.788% | $24K | $305K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.770 | +0.775% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.710 | +0.713% | $100K | $252K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.750 | +0.754% | $281K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.740 | +0.744% | $1.2M | $86K | 100x | as long as short |
| edgeX BZUSDC | 0.0000% | 4h | 97.765 | +0.770% | $225K | $229K | 20x | as long as short |
| Vest BZ-PERP | +0.0010% | 1h | 101.88 | +5.011% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.316 | +1.338% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.710 | +0.713% | $3.3M | $4.1M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.724 | +0.728% | $682K | $3.3M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.740 | +0.744% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.730 | +0.734% | $155.1M | $116.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.804 | +0.810% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.690 | +0.693% | $3.1M | $1.0M | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.0081% | 1h | 97.789 | +0.795% | $7K | $41K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.740 | +0.744% | $3.8M | $809K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.830 | +0.837% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0158% | 1h | 97.757 | +0.761% | $82K | $206K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.785 | +0.791% | $116K | — | 111x | as long as short |
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]