Funding you earn now, next payment 05:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.007%
Price spread now: Ondo Perps against Kraken Futures−0.033%7-day average −0.058% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.000%+$100 on $10k
+Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.033%, 7d avg −0.058%
=Together, before fees+1.192%+ Points / potential airdropOndo Perps: Active · farm board+$119 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.025% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.033% now, against its 7-day average of −0.058%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 6.5 days. Mind the row above: over the last 7 days funding on this pair paid +1.000%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BRENTOILUSD | 97.482 | 0.0063 | pay 0.0008% / 1h | 4m 14s | $82K | $208K | 20x |
| Short | Ondo Perps BRENT-USD.P | 97.450 | 0.0050 | get 0.0006% / 1h | 4m 14s | $3.1M | $1.0M | 15x |
Kraken Futures PF_BRENTOILUSD
Ondo Perps BRENT-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Kraken Futures. 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
- −$2.7
- Price spread: −0.033% → −0.058%
- $2.52
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$15.17
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 48 min ago; Ondo Perps: 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 Kraken Futures live order book, 48 min ago | 4.42 bp | 15.4 bp −$15 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 PERP | −0.0220% | 1h | 96.536 | −0.971% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.460 | −0.023% | $237K | $443K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.491 | +0.009% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.490 | +0.008% | $147.4M | $366.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.490 | +0.008% | $10.4M | $12.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.500 | +0.018% | $16.1M | $20.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.482 | 0.000% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.460 | −0.023% | $9.2M | $12.2M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.500 | +0.018% | $28.0M | $16.6M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.468 | −0.015% | $9.3M | $6.9M | — | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.490 | +0.008% | $26K | $314K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.510 | +0.029% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.490 | +0.008% | $101K | $249K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.460 | −0.023% | $280K | $267K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.540 | +0.059% | $1.2M | $83K | 100x | as long as short |
| edgeX BZUSDC | +0.0010% | 4h | 97.467 | −0.016% | $224K | $227K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.043 | +0.576% | — | — | — | as long as short |
| BloFin BZ-USDT | +0.0022% | 4h | 97.490 | +0.008% | $1.5M | $97K | 50x | as long as short |
| Vest BZ-PERP | +0.0023% | 1h | 101.56 | +4.183% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.500 | +0.018% | $3.2M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.505 | +0.023% | $680K | $3.9M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.494 | +0.012% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.514 | +0.033% | $153.8M | $125.6M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.525 | +0.044% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.Pshort | +0.0050% | 1h | 97.450 | −0.033% | $3.1M | $1.0M | 15x | |
| Kraken Futures PF_BRENTOILUSDlong | +0.0063% | 1h | 97.482 | long leg | $82K | $208K | 20x | |
| Aftermath Perps BRENTUSD | +0.0074% | 1h | 97.468 | −0.014% | $7K | $42K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.570 | +0.090% | $3.8M | $848K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.480 | −0.002% | $26K | $274K | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0104% | 1h | 97.500 | +0.018% | $34K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0277% / S −0.1819% | 1h | 97.495 | +0.013% | $115K | — | 111x | as long as short |
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
BloFin BZ-USDT
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
Hotstuff BRENTOIL-PERP
GMX BRENTOIL/USD [ETH-USDC]