Funding you earn now, next payment 12:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against SunX−0.031%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$660.655% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.031%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BRENTOIL-USDT | 96.860 | 0 | get 0.0000% / 4h | 3h 16m | $4K | $2.2M | 20x |
| Short | BloFin BZ-USDT | 96.830 | 0.0017 | get 0.0008% / 4h | 3h 16m | $1.5M | $101K | 50x |
SunX BRENTOIL-USDT
BloFin BZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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
- $3.52
- Price spread: −0.031% → −0.027%
- −$0.42
- Slippage, 4 orders
- −$45.53
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$62.44
- Costs to cover
- 0.655%
- Break-even
- 131.3 days
Slippage from SunX: live order book, 11 min ago; BloFin: live order book, 1 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 SunX live order book, 11 min ago | 18.49 bp | 22.5 bp −$22 | 30.5 bp −$305 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 1.55 bp | 8.3 bp −$8 | 11.7 bp −$117 | 23.8 bp −$2,381 | doesn't fit |
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 | −0.535% | $8K | $7K | 30x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0163% | 1h | 96.860 | 0.000% | $99K | $268K | 15x | as long as short |
| GRVT BZ_USDT_Perp | −0.0094% | 4h | 96.917 | +0.059% | $13K | $327K | 25x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0083% | 1h | 96.660 | −0.206% | $3.1M | $1.0M | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 96.880 | +0.021% | $277K | $541K | 15x | as long as short |
| RISEx BZ/USDC | −0.0039% | 1h | 96.789 | −0.074% | $2.4M | $1.8M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.0002% | 1h | 96.879 | +0.019% | $81K | $202K | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.700 | −0.165% | $335K | $700K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.680 | −0.186% | $147.4M | $360.9M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.660 | −0.206% | $10.1M | $13.5M | 100x | as long as short |
Injective BRENT/USDC PERP
Deribit BRENTOIL_USDC-PERPETUAL
GRVT BZ_USDT_Perp
Ondo Perps BRENT-USD.P
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDC
Kraken Futures PF_BRENTOILUSD
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.630 | −0.237% | $16.2M | $20.4M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.610 | −0.258% | $9.2M | $10.8M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.670 | −0.196% | $27.9M | $19.5M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.031 | +0.176% | $9.4M | $6.1M | — | as long as short |
| SunX BRENTOIL-USDTlong | 0.0000% | 4h | 96.860 | long leg | $4K | $2.2M | 20x | |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.000 | +0.145% | $278K | $251K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.030 | +0.176% | $1.2M | $81K | 100x | as long as short |
| Vest BZ-PERP | +0.0007% | 1h | 100.72 | +3.985% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.394 | +0.551% | — | — | — | as long as short |
| BloFin BZ-USDTshort | +0.0017% | 4h | 96.830 | −0.031% | $1.5M | $101K | 50x | |
| edgeX BZUSDC | +0.0019% | 4h | 96.945 | +0.088% | $224K | $230K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.670 | −0.196% | $3.4M | $4.4M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 96.691 | −0.174% | $749K | $2.6M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0042% | 8h | 96.699 | −0.166% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.720 | −0.145% | $153.0M | $118.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.850 | −0.010% | $1.6M | $336K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0056% | 1h | 97.072 | +0.219% | $7K | $39K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.700 | −0.165% | $3.4M | $949K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.110 | +0.258% | $25K | $273K | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0128% | 1h | 96.830 | −0.031% | $33K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0326% / S −0.2771% | 1h | 96.825 | −0.036% | $115K | — | 111x | as long as short |
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
HTX BRENTOIL-USDT
Phemex XBRUSDT
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
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]