Funding you earn now, next payment 12:00 UTC−0.0068%/8h= −7.5% APRnext payment −$0.34 per $10,000 · paid last 24h −0.028%
Price spread now: edgeX against KuCoin+0.139%113s7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.529% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.139%, 7d avg −0.044%
=Together, before fees−0.322%+ Points / potential airdropedgeX: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.183% dearer against KuCoin than usual: you sell high and buy low (spread +0.139% now, against its 7-day average of −0.044%): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.9 days. The two prices were read 113 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 | KuCoin BZUSDTM | 94.300 | 0.0076 | pay 0.0038% / 4h | 7m 42s | $3.3M | $1.1M | 50x |
| Short | edgeX BZUSDC | 94.431 | 0.0008 | get 0.0004% / 4h | 7m 42s | $217K | $230K | 20x |
KuCoin BZUSDTM
edgeX BZUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- −$14.38
- Price spread: +0.139% → −0.044%
- $18.32
- Slippage, 4 orders
- −$31.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$48.95
- Costs to cover
- 0.529%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; edgeX: live order book, 32 min ago.
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 KuCoin live order book, 3 min ago | 1.06 bp | 13.7 bp −$14 | 43.4 bp −$434 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 32 min ago | 10.02 bp | 14.5 bp −$15 | 16.7 bp −$167 | 65.9 bp −$6,591 | doesn't fit |
BZ on 31 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff BRENTOIL-PERP | −0.1600% | 1h | 94.340 | +0.042% | $33K | — | 20x | as long as short |
| RISEx BZ/USDC | −0.0384% | 1h | 94.300 | 0.000% | $2.2M | $2.6M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.0337% | 1h | 94.420 | +0.127% | $109K | $281K | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0174% | 1h | 94.390 | +0.095% | $29K | $372K | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0080% | 1h | 94.320 | +0.021% | $248K | $1.3M | 15x | as long as short |
| Bybit BZUSDT | −0.0039% | 8h | 94.330 | +0.032% | $10.4M | $18.9M | 100x | as long as short |
| BloFin BZ-USDT | −0.0018% | 4h | 94.350 | +0.053% | $1.5M | $126K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 94.387 | +0.092% | $331K | $684K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 94.340 | +0.042% | $145.5M | $485.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 94.340 | +0.042% | $15.7M | $30.7M | 50x | as long as short |
Hotstuff BRENTOIL-PERP
RISEx BZ/USDC
Kraken Futures PF_BRENTOILUSD
Deribit BRENTOIL_USDC-PERPETUAL
Coinbase International BRENTOIL-PERP-INTX
Bybit BZUSDT
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
OKX BZ-USDT-SWAPShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BZ_USDT | 0.0000% | 8h | 94.290 | −0.011% | $8.8M | $14.4M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 94.350 | +0.053% | $27.4M | $31.8M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 94.339 | +0.041% | $8.9M | $6.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 94.381 | +0.085% | $11K | $316K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 94.440 | +0.148% | $4K | $1.6M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 94.390 | +0.095% | $254K | $338K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 94.690 | +0.414% | $1.2M | $103K | 100x | as long as short |
| edgeX BZUSDCshort | +0.0008% | 4h | 94.431 | +0.139% | $217K | $230K | 20x | |
| Vest BZ-PERP | +0.0008% | 1h | 98.090 | +4.019% | — | $736K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 94.912 | +0.649% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 94.320 | +0.021% | $3.5M | $5.9M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 94.331 | +0.033% | $757K | $4.1M | 10x | as long as short |
| Aftermath Perps BRENTUSD | +0.0033% | 1h | 94.425 | +0.133% | $7K | $37K | 5x | as long as short |
| Injective BRENT/USDC PERP | +0.0033% | 1h | 94.836 | +0.568% | $8K | $7K | 30x | as long as short |
| Paradex BZ-USD-PERP | +0.0043% | 8h | 94.325 | +0.027% | $2K | $2K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 94.355 | +0.058% | $142.8M | $191.6M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 94.405 | +0.111% | $1.5M | $570K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 94.340 | +0.042% | $3.0M | $1.2M | 15x | as long as short |
| KuCoin BZUSDTMlong | +0.0076% | 4h | 94.300 | long leg | $3.3M | $1.1M | 50x | |
| ApeX Omni BZUSDT | +0.0100% | 1h | 94.350 | +0.053% | $25K | $273K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0174% / S −0.0560% | 1h | 94.415 | +0.122% | $27K | — | 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
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Aftermath Perps BRENTUSD
Injective BRENT/USDC PERP
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]