BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.003%

Price spread now: gTrade (Gains Network) against Variational Omni+0.535%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and gTrade (Gains Network) is 0.535% dearer against Variational Omni than usual: you sell high and buy low: +$54 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BZ	97.526	0	get 0.0000% / 4h	50m 07s	$9.4M	$6.7M	—
Short	gTrade (Gains Network) BRENT/USD	98.048	L +0.0011% / S −0.0011%	get 0.0001% / 1h	50m 07s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.535%Rate

Funding earned: $2.34
Price spread: +0.535% → 0.000%: $53.55
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $45.89
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; gTrade (Gains Network): 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 Variational Omni RFQ quote, 4 min ago	2.62 bp	doesn't fit	3.8 bp −$38	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 PERP	−0.0220%	1h	97.155	−0.380%	$8K	$7K	30x	as long as short
Hotstuff BRENTOIL-PERP	−0.0088%	1h	97.580	+0.055%	$34K	—	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	−0.0058%	1h	97.470	−0.057%	$100K	$253K	15x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0056%	1h	97.700	+0.178%	$237K	$412K	15x	as long as short
BloFin BZ-USDT	−0.0039%	4h	97.540	+0.014%	$1.5M	$95K	50x	as long as short
Aster BZUSDT	0.0000%	4h	97.449	−0.078%	$339K	$860K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.440	−0.088%	$148.4M	$354.2M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.420	−0.109%	$10.2M	$13.3M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.430	−0.098%	$16.1M	$19.6M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.525	−0.001%	$2.4M	$1.7M	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BZ_USDT	0.0000%	8h	97.410	−0.119%	$9.2M	$10.8M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.440	−0.088%	$27.9M	$18.2M	100x	as long as short
Variational Omni BZlong	0.0000%	4h	97.526	long leg	$9.4M	$6.7M	—
GRVT BZ_USDT_Perp	0.0000%	4h	97.709	+0.187%	$25K	$321K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.490	−0.037%	$4K	$2.4M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.510	−0.016%	$280K	$253K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.500	−0.027%	$1.2M	$87K	100x	as long as short
edgeX BZUSDC	+0.0003%	4h	97.577	+0.052%	$225K	$228K	20x	as long as short
Vest BZ-PERP	+0.0008%	1h	101.67	+4.249%	—	$735K	10x	as long as short
gTrade (Gains Network) BRENT/USDshort	L +0.0011% / S −0.0011%	1h	98.048	+0.535%	—	—	—
Ondo Perps BRENT-USD.P	+0.0030%	1h	97.470	−0.057%	$3.1M	$1.0M	15x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.440	−0.088%	$3.3M	$3.9M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.459	−0.069%	$736K	$3.2M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.538	+0.012%	$2K	$863	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.469	−0.058%	$155.3M	$114.3M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.593	+0.069%	$1.6M	$462K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.470	−0.057%	$3.8M	$805K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.610	+0.086%	$26K	$273K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0100%	1h	97.613	+0.090%	$7K	$40K	5x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0113%	1h	97.520	−0.006%	$82K	$201K	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0328% / S −0.2771%	1h	97.495	−0.032%	$116K	—	111x	as long as short