Funding you earn now, next payment 08:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Injective against SunX−0.541%61s7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 0.541% cheaper against SunX than usual: you would sell low and buy high (−$54 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 61 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 | SunX BRENTOIL-USDT | 97.130 | 0 | get 0.0000% / 4h | 26m 02s | $4K | $2.4M | 20x |
| Short | Injective BRENT/USDC PERP | 96.605 | −0.0220 | pay 0.0028% / 1h | 26m 02s | $8K | $7K | 30x |
SunX BRENTOIL-USDT
Injective BRENT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$46.2
- Price spread: −0.541% → 0.000%
- −$54.05
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$108.27
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 11 min ago; Injective: no order-book sample. 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 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 Injective no order-book sample | — | — | — | — | — |
Injective: 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 PERPshort | −0.0220% | 1h | 96.605 | −0.541% | $8K | $7K | 30x | |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0059% | 1h | 97.110 | −0.021% | $100K | $255K | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.110 | −0.021% | $236K | $417K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.157 | +0.028% | $338K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.111 | −0.019% | $148.8M | $352.9M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.090 | −0.041% | $10.2M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.080 | −0.051% | $16.0M | $19.4M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.078 | −0.054% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.070 | −0.062% | $9.2M | $11.0M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.110 | −0.021% | $27.8M | $18.4M | 100x | as long as short |
Deribit BRENTOIL_USDC-PERPETUAL
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.187 | +0.059% | $9.4M | $6.4M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.191 | +0.063% | $18K | $330K | 25x | as long as short |
| SunX BRENTOIL-USDTlong | 0.0000% | 4h | 97.130 | long leg | $4K | $2.4M | 20x | |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.080 | −0.051% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.470 | +0.350% | $1.2M | $86K | 100x | as long as short |
| BloFin BZ-USDT | +0.0003% | 4h | 97.120 | −0.010% | $1.5M | $98K | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0008% | 1h | 97.120 | −0.010% | $33K | — | 20x | as long as short |
| Vest BZ-PERP | +0.0009% | 1h | 101.18 | +4.170% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.672 | +0.558% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0013% | 4h | 97.172 | +0.043% | $224K | $229K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0014% | 1h | 97.040 | −0.093% | $3.1M | $999K | 15x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.120 | −0.010% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.121 | −0.009% | $735K | $3.0M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.089 | −0.042% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.141 | +0.011% | $155.0M | $115.6M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.163 | +0.034% | $1.6M | $405K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0095% | 1h | 97.209 | +0.081% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.110 | −0.021% | $3.8M | $800K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.160 | +0.031% | $25K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.126 | −0.005% | $82K | $200K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.105 | −0.026% | $115K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
HTX BRENTOIL-USDT
Phemex XBRUSDT
BloFin BZ-USDT
Hotstuff BRENTOIL-PERP
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Ondo Perps BRENT-USD.P
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]