Funding you earn now, next payment 02:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.15 per $10,000 · paid last 24h +0.042%
Price spread now: Coinbase International against Injective+0.883%64s7-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 +$3 a day on $10k at the current rate, and Coinbase International is 0.883% dearer against Injective than usual: you sell high and buy low: +$88 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 64 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 | Injective BRENT/USDC PERP | 96.141 | −0.0220 | get 0.0028% / 1h | 4m 08s | $8K | $7K | 30x |
| Short | Coinbase International BRENTOIL-PERP-INTX | 96.990 | −0.0104 | pay 0.0013% / 1h | 4m 08s | $234K | $433K | 15x |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $24.36
- Price spread: +0.883% → 0.000%
- $88.31
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $102.65
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 59 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 Coinbase International live order book, 59 min ago | 0.52 bp | 5.5 bp −$6 | 8.1 bp −$81 | 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 | 96.141 | long leg | $8K | $7K | 30x | |
| Coinbase International BRENTOIL-PERP-INTXshort | −0.0104% | 1h | 96.990 | +0.883% | $234K | $433K | 15x | |
| Hotstuff BRENTOIL-PERP | −0.0080% | 1h | 97.190 | +1.091% | $33K | — | 20x | as long as short |
| BloFin BZ-USDT | −0.0040% | 4h | 97.080 | +0.977% | $1.5M | $91K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.229 | +1.131% | $338K | $969K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.239 | +1.142% | $147.1M | $372.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.210 | +1.112% | $10.3M | $13.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.220 | +1.122% | $16.0M | $20.4M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.190 | +1.091% | $2.3M | $1.3M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.170 | +1.070% | $9.2M | $12.4M | 100x | as long as short |
Hotstuff BRENTOIL-PERP
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
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 | 97.240 | +1.143% | $27.5M | $16.4M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.086 | +0.983% | $9.4M | $7.0M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.972 | +0.864% | $37K | $343K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.210 | +1.112% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.250 | +1.154% | $104K | $248K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.000 | +0.893% | $278K | $268K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.220 | +1.122% | $1.2M | $86K | 100x | as long as short |
| edgeX BZUSDC | +0.0009% | 4h | 97.042 | +0.937% | $222K | $227K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.779 | +1.704% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.220 | +1.122% | $3.3M | $4.8M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.235 | +1.138% | $675K | $4.6M | 10x | as long as short |
| Vest BZ-PERP | +0.0039% | 1h | 101.24 | +5.304% | — | $735K | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.173 | +1.073% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.229 | +1.132% | $152.4M | $125.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.287 | +1.192% | $1.6M | $444K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.090 | +0.987% | $3.1M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.250 | +1.154% | $3.8M | $871K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.020 | +0.914% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0116% | 1h | 97.061 | +0.956% | $7K | $43K | 5x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0187% / S +0.0023% | 1h | 97.235 | +1.138% | $126K | — | 111x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0298% | 1h | 97.237 | +1.140% | $84K | $218K | 20x | 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
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Vest BZ-PERP
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
GMX BRENTOIL/USD [ETH-USDC]
Kraken Futures PF_BRENTOILUSD