Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against SunX−0.021%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$600.605% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.021%, 7d avg −0.020%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BRENTOIL-USDT | 97.390 | 0 | get 0.0000% / 4h | 3h 44m | $4K | $2.5M | 20x |
| Short | OKX BZ-USDT-SWAP | 97.370 | 0 | get 0.0000% / 4h | 3h 44m | $16.0M | $20.4M | 50x |
SunX BRENTOIL-USDT
OKX BZ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.021% → −0.020%
- −$0.02
- Slippage, 4 orders
- −$42.46
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$60.47
- Costs to cover
- 0.605%
- Break-even
- never at this rate
Slippage from SunX: live order book, 3 min ago; OKX: live order book, 4 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, 3 min ago | 18.48 bp | 22.5 bp −$22 | 30.5 bp −$305 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.51 bp | 5.8 bp −$6 | 11.0 bp −$110 | 28.4 bp −$2,839 | 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 | 96.333 | −1.085% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.270 | −0.123% | $233K | $439K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.373 | −0.018% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.360 | −0.031% | $147.6M | $368.0M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.370 | −0.021% | $10.4M | $12.7M | 100x | as long as short |
| OKX BZ-USDT-SWAPshort | 0.0000% | 4h | 97.370 | −0.021% | $16.0M | $20.4M | 50x | |
| RISEx BZ/USDC | 0.0000% | 1h | 97.363 | −0.028% | $2.4M | $1.7M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | 0.0000% | 1h | 97.390 | 0.000% | $34K | — | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.330 | −0.062% | $9.2M | $12.1M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.370 | −0.021% | $27.9M | $16.6M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
RISEx BZ/USDC
Hotstuff BRENTOIL-PERP
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 | 97.348 | −0.043% | $9.4M | $6.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.351 | −0.040% | $29K | $346K | 25x | as long as short |
| SunX BRENTOIL-USDTlong | 0.0000% | 4h | 97.390 | long leg | $4K | $2.5M | 20x | |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.380 | −0.010% | $104K | $241K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.320 | −0.072% | $279K | $267K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.400 | +0.010% | $1.2M | $84K | 100x | as long as short |
| edgeX BZUSDC | +0.0008% | 4h | 97.375 | −0.015% | $223K | $228K | 20x | as long as short |
| BloFin BZ-USDT | +0.0010% | 4h | 97.350 | −0.041% | $1.5M | $92K | 50x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.931 | +0.555% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0030% | 1h | 101.41 | +4.128% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.370 | −0.021% | $3.2M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.394 | +0.004% | $677K | $4.2M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.367 | −0.023% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.409 | +0.020% | $153.6M | $126.2M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.416 | +0.027% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.320 | −0.072% | $3.1M | $1.0M | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0063% | 1h | 97.399 | +0.010% | $82K | $208K | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.430 | +0.041% | $3.8M | $869K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.410 | +0.021% | $26K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0107% | 1h | 97.331 | −0.061% | $7K | $43K | 5x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0235% / S −0.0297% | 1h | 97.365 | −0.026% | $126K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
BloFin BZ-USDT
gTrade (Gains Network) BRENT/USD
Vest BZ-PERP
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Kraken Futures PF_BRENTOILUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
GMX BRENTOIL/USD [ETH-USDC]