Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRpaid last 24h −0.018%
Price spread now: Bybit against Ondo Perps+0.082%7-day average +0.082% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 7 days−0.106%−$11 · spread now +0.082%, 7d avg +0.082%
=Together, before fees−0.300%+ Points / potential airdropOndo Perps: Active · farm board−$30 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BRENT-USD.P | 97.130 | −0.0009 | get 0.0001% / 1h | 10m 45s | $3.1M | $999K | 15x |
| Short | Bybit BZUSDT | 97.210 | 0 | get 0.0000% / 8h | 10m 45s | $10.3M | $13.3M | 100x |
Ondo Perps BRENT-USD.P
Bybit BZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Ondo Perps. 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
- $1.85
- Price spread: +0.082% → +0.082%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$14.15
- Costs to cover
- 0.160%
- Break-even
- 60.6 days
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 0.51 bp | 8.4 bp −$8 | 12.1 bp −$121 | 106.8 bp −$10.7K | doesn't fit |
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 | 96.342 | −0.811% | $8K | $7K | 30x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0059% | 1h | 97.200 | +0.072% | $100K | $256K | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.110 | −0.021% | $236K | $401K | 15x | as long as short |
| BloFin BZ-USDT | −0.0047% | 4h | 97.180 | +0.051% | $1.5M | $98K | 50x | as long as short |
| Ondo Perps BRENT-USD.Plong | −0.0009% | 1h | 97.130 | long leg | $3.1M | $999K | 15x | |
| Aster BZUSDT | 0.0000% | 4h | 97.262 | +0.136% | $338K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.210 | +0.082% | $148.3M | $350.8M | 100x | as long as short |
| Bybit BZUSDTshort | 0.0000% | 8h | 97.210 | +0.082% | $10.3M | $13.3M | 100x | |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.200 | +0.072% | $16.1M | $19.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.178 | +0.049% | $2.4M | $1.7M | 20x | as long as short |
Injective BRENT/USDC PERP
Deribit BRENTOIL_USDC-PERPETUAL
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Binance 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 | 97.190 | +0.062% | $9.2M | $11.2M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.250 | +0.124% | $27.9M | $18.4M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.183 | +0.054% | $9.4M | $6.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.070 | −0.062% | $14K | $332K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.220 | +0.093% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.070 | −0.062% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.560 | +0.443% | $1.2M | $86K | 100x | as long as short |
| edgeX BZUSDC | +0.0006% | 4h | 97.124 | −0.006% | $223K | $230K | 20x | as long as short |
| Vest BZ-PERP | +0.0010% | 1h | 101.22 | +4.211% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.766 | +0.655% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.220 | +0.093% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.271 | +0.146% | $728K | $2.9M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.219 | +0.091% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.247 | +0.120% | $155.4M | $115.5M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.241 | +0.114% | $1.6M | $405K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0072% | 1h | 97.240 | +0.113% | $34K | — | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0083% | 1h | 97.137 | +0.008% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.200 | +0.072% | $3.8M | $802K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.070 | −0.062% | $25K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.215 | +0.088% | $82K | $200K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.195 | +0.067% | $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
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Hotstuff BRENTOIL-PERP
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]