Funding you earn now, next payment 08:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.066%
Price spread now: Variational Omni against Injective+0.757%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Variational Omni is 0.757% dearer against Injective than usual: you sell high and buy low: +$76 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 | 96.605 | −0.0220 | get 0.0028% / 1h | 36m 55s | $8K | $7K | 30x |
| Short | Variational Omni BZ | 97.336 | 0 | get 0.0000% / 4h | 36m 55s | $9.5M | $6.6M | — |
Injective BRENT/USDC PERP
Variational Omni BZFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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 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: +0.757% → 0.000%
- $75.67
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $121.85
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago | 2.62 bp | doesn't fit | 2.6 bp −$26 | 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 | 96.605 | long leg | $8K | $7K | 30x | |
| Hotstuff BRENTOIL-PERP | −0.0056% | 1h | 97.350 | +0.771% | $34K | — | 20x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.700 | +1.133% | $237K | $412K | 15x | as long as short |
| BloFin BZ-USDT | −0.0022% | 4h | 97.340 | +0.761% | $1.5M | $95K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.337 | +0.758% | $338K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.330 | +0.750% | $149.4M | $353.2M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.310 | +0.730% | $10.2M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.320 | +0.740% | $16.1M | $19.6M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.307 | +0.727% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.280 | +0.699% | $9.2M | $10.9M | 100x | as long as short |
Hotstuff BRENTOIL-PERP
Coinbase International BRENTOIL-PERP-INTX
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 | 97.320 | +0.740% | $27.8M | $18.3M | 100x | as long as short |
| Variational Omni BZshort | 0.0000% | 4h | 97.336 | +0.757% | $9.5M | $6.6M | — | |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.360 | +0.782% | $18K | $330K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.360 | +0.782% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.330 | +0.750% | $100K | $254K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.330 | +0.750% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.550 | +0.978% | $1.2M | $87K | 100x | as long as short |
| Vest BZ-PERP | +0.0008% | 1h | 101.41 | +4.974% | — | $735K | 10x | as long as short |
| edgeX BZUSDC | +0.0009% | 4h | 97.346 | +0.767% | $224K | $228K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.883 | +1.323% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.340 | +0.761% | $3.3M | $3.9M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.319 | +0.739% | $738K | $3.1M | 10x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0034% | 1h | 97.270 | +0.688% | $3.1M | $998K | 15x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.320 | +0.740% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.340 | +0.761% | $155.1M | $114.5M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.376 | +0.798% | $1.6M | $405K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0092% | 1h | 97.389 | +0.811% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.330 | +0.750% | $3.8M | $802K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.320 | +0.740% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.342 | +0.763% | $82K | $200K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.335 | +0.756% | $116K | — | 111x | as long as short |
Bitget BZUSDT
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
Vest BZ-PERP
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Ondo Perps BRENT-USD.P
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]