Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: Deribit against Variational Omni−0.121%7-day average +0.032% · 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)−0.409%−$41 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.121%, 7d avg +0.032%
=Together, before fees−0.318%+ Points / potential airdropVariational Omni: Active · farm board−$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.152% cheaper against Variational Omni than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BZ | 97.658 | 0 | get 0.0000% / 4h | 1h 14m | $9.4M | $6.9M | — |
| Short | Deribit BRENTOIL_USDC-PERPETUAL | 97.540 | 0 | get 0.0000% / 1h | 14m 09s | $100K | $252K | 15x |
Variational Omni BZ
Deribit BRENTOIL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Variational Omni. 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: −0.121% → +0.032%
- −$15.23
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$22.23
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Deribit: live order book, 29 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 Variational Omni RFQ quote, 5 min ago | 2.62 bp | doesn't fit | 2.6 bp −$26 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 29 min ago | 0.51 bp | 4.0 bp −$4 | 6.5 bp −$65 | doesn't fit | 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 | 96.970 | −0.704% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.700 | +0.043% | $237K | $417K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.566 | −0.094% | $339K | $880K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.566 | −0.094% | $148.0M | $351.9M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.550 | −0.110% | $10.4M | $13.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.570 | −0.090% | $16.1M | $19.7M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.565 | −0.095% | $2.4M | $1.7M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | 0.0000% | 1h | 97.610 | −0.049% | $34K | — | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.520 | −0.141% | $9.3M | $11.1M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.550 | −0.110% | $27.8M | $17.5M | 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 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZlong | 0.0000% | 4h | 97.658 | long leg | $9.4M | $6.9M | — | |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.664 | +0.006% | $24K | $305K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.640 | −0.018% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUALshort | 0.0000% | 1h | 97.540 | −0.121% | $100K | $252K | 15x | |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.660 | +0.002% | $280K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.570 | −0.090% | $1.2M | $86K | 100x | as long as short |
| BloFin BZ-USDT | +0.0002% | 4h | 97.610 | −0.049% | $1.5M | $96K | 50x | as long as short |
| edgeX BZUSDC | +0.0007% | 4h | 97.686 | +0.029% | $225K | $228K | 20x | as long as short |
| Vest BZ-PERP | +0.0009% | 1h | 101.72 | +4.160% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.096 | +0.448% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.550 | −0.110% | $3.3M | $4.1M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.551 | −0.110% | $683K | $3.2M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.599 | −0.060% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.578 | −0.082% | $155.0M | $116.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.621 | −0.038% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.550 | −0.110% | $3.1M | $1.0M | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.0098% | 1h | 97.682 | +0.025% | $7K | $41K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.560 | −0.100% | $3.8M | $815K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.730 | +0.074% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0158% | 1h | 97.561 | −0.099% | $82K | $205K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.625 | −0.034% | $116K | — | 111x | as long as short |
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
BloFin BZ-USDT
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
Ondo Perps BRENT-USD.P
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]