Funding you earn now, next payment 08:00 UTC+0.0231%/8h= +25.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.069%
Price spread now: gTrade (Gains Network) against Injective+1.490%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (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 gTrade (Gains Network) is 1.490% dearer against Injective than usual: you sell high and buy low: +$149 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 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 | 96.342 | −0.0220 | get 0.0028% / 1h | 9m 37s | $8K | $7K | 30x |
| Short | gTrade (Gains Network) BRENT/USD | 97.778 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 9m 37s | — | — | — |
Injective BRENT/USDC PERP
gTrade (Gains Network) BRENT/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- $48.54
- Price spread: +1.490% → 0.000%
- $149.02
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $187.54
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; gTrade (Gains Network): 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 Injective no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Injective and gTrade (Gains Network): 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 | 96.342 | long leg | $8K | $7K | 30x | |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0161% | 1h | 97.210 | +0.901% | $100K | $256K | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.110 | +0.797% | $236K | $401K | 15x | as long as short |
| BloFin BZ-USDT | −0.0047% | 4h | 97.180 | +0.870% | $1.5M | $98K | 50x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0010% | 1h | 97.140 | +0.828% | $3.1M | $999K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.308 | +1.003% | $338K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.260 | +0.952% | $148.3M | $350.9M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.250 | +0.942% | $10.3M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.240 | +0.932% | $16.1M | $19.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.254 | +0.946% | $2.4M | $1.7M | 20x | as long as short |
Deribit BRENTOIL_USDC-PERPETUAL
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Ondo Perps BRENT-USD.P
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDCShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BZ_USDT | 0.0000% | 8h | 97.210 | +0.901% | $9.2M | $11.2M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.280 | +0.974% | $27.9M | $18.4M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.183 | +0.873% | $9.4M | $6.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.070 | +0.756% | $14K | $332K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.210 | +0.901% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.070 | +0.756% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.400 | +1.098% | $1.2M | $86K | 100x | as long as short |
| edgeX BZUSDC | +0.0006% | 4h | 97.124 | +0.812% | $223K | $230K | 20x | as long as short |
| Vest BZ-PERP | +0.0010% | 1h | 101.26 | +5.105% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | L +0.0011% / S −0.0011% | 1h | 97.778 | +1.490% | — | — | — | |
| Lighter BRENTOIL | +0.0032% | 1h | 97.280 | +0.974% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.302 | +0.996% | $733K | $2.9M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.266 | +0.959% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.282 | +0.976% | $155.5M | $114.7M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.266 | +0.959% | $1.6M | $405K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0082% | 1h | 97.162 | +0.851% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.250 | +0.942% | $3.8M | $802K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.070 | +0.756% | $25K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.208 | +0.899% | $82K | $200K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0120% | 1h | 97.320 | +1.015% | $34K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.205 | +0.896% | $115K | — | 111x | as long as short |
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Vest BZ-PERP
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
Hotstuff BRENTOIL-PERP
GMX BRENTOIL/USD [ETH-USDC]