Funding you earn now, next payment 03:00 UTC+0.0249%/8h= +27.3% APRpaid last 24h +0.013%
Price spread now: Kraken Futures against Paradex+0.011%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BZ-USD-PERP | 97.016 | 0.0049 | pay 0.0049% / 8h | 5h 49m | $3K | $336 | 5x |
| Short | Kraken Futures PF_BRENTOILUSD | 97.027 | 0.0298 | get 0.0037% / 1h | 49m 59s | $84K | $218K | 20x |
Paradex BZ-USD-PERP
Kraken Futures PF_BRENTOILUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Paradex. 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
- $52.27
- Price spread: +0.011% → 0.000%
- $1.06
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $39.33
- Costs to cover
- 0.140%
- Break-even
- 1.7 days
Slippage unknown: Paradex: no order-book sample; Kraken Futures: live order book, 12 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 12 min ago | 3.20 bp | 16.1 bp −$16 | 34.1 bp −$341 | doesn't fit | doesn't fit |
Paradex: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.207 | −0.834% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0104% | 1h | 96.810 | −0.213% | $234K | $425K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.983 | −0.035% | $337K | $998K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.983 | −0.034% | $146.6M | $375.7M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.960 | −0.058% | $10.3M | $13.4M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.980 | −0.038% | $15.9M | $20.8M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.011 | −0.006% | $2.3M | $1.3M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | 0.0000% | 1h | 97.030 | +0.014% | $33K | — | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.960 | −0.058% | $9.2M | $12.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.010 | −0.007% | $27.4M | $16.4M | 100x | 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
Hotstuff BRENTOIL-PERP
Gate BZ_USDT
Bitget BZUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.006 | −0.011% | $9.4M | $7.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.921 | −0.098% | $37K | $343K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.020 | +0.004% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.990 | −0.027% | $104K | $239K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.990 | −0.027% | $278K | $269K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.010 | −0.007% | $1.2M | $84K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.529 | +0.528% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0015% | 4h | 96.887 | −0.133% | $222K | $227K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.990 | −0.027% | $3.3M | $4.5M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.000 | −0.017% | $677K | $4.9M | 10x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 101.05 | +4.158% | — | $735K | 10x | as long as short |
| Paradex BZ-USD-PERPlong | +0.0049% | 8h | 97.016 | long leg | $3K | $336 | 5x | |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.998 | −0.019% | $152.0M | $125.6M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.062 | +0.047% | $1.5M | $446K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.000 | −0.017% | $3.1M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.050 | +0.035% | $3.8M | $876K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.970 | −0.048% | $25K | $273K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0180% / S +0.0062% | 1h | 96.985 | −0.032% | $126K | — | 111x | as long as short |
| Aftermath Perps BRENTUSD | +0.0198% | 1h | 96.969 | −0.049% | $7K | $44K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSDshort | +0.0298% | 1h | 97.027 | +0.011% | $84K | $218K | 20x |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
Vest BZ-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]
Aftermath Perps BRENTUSD