Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%
Price spread now: Bitget against OKX+0.021%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$300.303% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now +0.021%, 7d avg +0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BZ-USDT-SWAP | 95.810 | 0 | get 0.0000% / 4h | 1h 45m | $15.8M | $27.8M | 50x |
| Short | Bitget BZUSDT | 95.830 | 0 | get 0.0000% / 4h | 1h 45m | $27.4M | $22.3M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- $0
- Price spread: +0.021% → +0.015%
- $0.55
- Slippage, 4 orders
- −$8.29
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$29.74
- Costs to cover
- 0.303%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 3 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 OKX live order book, 3 min ago | 0.52 bp | 6.2 bp −$6 | 9.8 bp −$98 | 27.7 bp −$2,769 | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.04 bp | 8.6 bp −$9 | 12.6 bp −$126 | 26.6 bp −$2,662 | 66.8 bp −$33.4K |
BZ on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BRENTOIL/USD [ETH-USDC] | L −0.0762% / S +0.0137% | 1h | 95.835 | +0.026% | $114K | — | 29x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0575% | 1h | 95.790 | −0.021% | $3.0M | $1.1M | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0352% | 1h | 95.810 | 0.000% | $33K | — | 20x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.248 | −0.587% | $8K | $7K | 30x | as long as short |
| Lighter BRENTOIL | −0.0128% | 1h | 95.830 | +0.021% | $3.3M | $4.2M | 20x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.0098% | 1h | 95.816 | +0.006% | $147.4M | $146.9M | 20x | as long as short |
| RISEx BZ/USDC | −0.0075% | 1h | 95.825 | +0.015% | $2.2M | $1.3M | 20x | as long as short |
| GRVT BZ_USDT_Perp | −0.0042% | 4h | 95.760 | −0.052% | $34K | $396K | 25x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0016% | 1h | 96.050 | +0.250% | $232K | $676K | 15x | as long as short |
| Paradex BZ-USD-PERP | −0.0015% | 8h | 95.833 | +0.024% | $3K | $521 | 5x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BZUSDT | 0.0000% | 4h | 95.848 | +0.040% | $333K | $1.5M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 95.820 | +0.010% | $145.3M | $482.1M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 95.810 | 0.000% | $10.2M | $16.7M | 100x | as long as short |
| OKX BZ-USDT-SWAPlong | 0.0000% | 4h | 95.810 | long leg | $15.8M | $27.8M | 50x | |
| Gate BZ_USDT | 0.0000% | 8h | 95.790 | −0.021% | $9.2M | $18.0M | 100x | as long as short |
| Bitget BZUSDTshort | 0.0000% | 4h | 95.830 | +0.021% | $27.4M | $22.3M | 100x | |
| Variational Omni BZ | 0.0000% | 4h | 95.737 | −0.076% | $9.2M | $9.2M | — | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 95.840 | +0.031% | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 95.880 | +0.073% | $102K | $279K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 95.790 | −0.021% | $305K | $259K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 95.890 | +0.083% | $1.2M | $100K | 100x | as long as short |
| edgeX BZUSDC | +0.0005% | 4h | 95.735 | −0.078% | $219K | $234K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0011% | 1h | 95.811 | +0.002% | $5K | $45K | 5x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 95.897 | +0.091% | $670K | $5.3M | 10x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.03 | +4.405% | — | $735K | 10x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 95.872 | +0.065% | $1.5M | $529K | 20x | as long as short |
| BloFin BZ-USDT | +0.0054% | 4h | 95.840 | +0.031% | $1.5M | $95K | 50x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 95.830 | +0.021% | $3.7M | $1.0M | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 95.830 | +0.021% | $25K | $271K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0556% | 1h | 95.851 | +0.043% | $81K | $244K | 20x | as long as short |
OKX BZ-USDT-SWAP
Bitget BZUSDT
GMX BRENTOIL/USD [ETH-USDC]
Injective BRENT/USDC PERP
Lighter BRENTOIL
tradeXYZ xyz:BRENTOIL
RISEx BZ/USDC
GRVT BZ_USDT_Perp
Coinbase International BRENTOIL-PERP-INTX
Paradex BZ-USD-PERP
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
Gate BZ_USDT
Variational Omni BZ
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Aftermath Perps BRENTUSD
Extended XBR-USD
Polymarket Perps BRENTOIL-USD
BloFin BZ-USDT
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD