Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against Variational Omni+0.080%7-day average +0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.059%+$6 on $10k
+Price spread, last 7 days−0.106%−$11 · spread now +0.080%, 7d avg +0.021%
=Together, before fees−0.047%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.059% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BZ | 96.063 | 0 | get 0.0000% / 4h | 36m 30s | $9.3M | $7.9M | — |
| Short | KuCoin BZUSDTM | 96.140 | 0.0100 | get 0.0050% / 4h | 36m 30s | $3.8M | $990K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.080% → +0.021%
- $5.93
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $14.93
- Costs to cover
- 0.120%
- Break-even
- 2.0 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; KuCoin: live order book, 6 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, 3 min ago | 2.63 bp | doesn't fit | 5.5 bp −$55 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 0.52 bp | 15.4 bp −$15 | 48.7 bp −$487 | doesn't fit | doesn't fit |
BZ on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BRENTOIL/USD [ETH-USDC] | L −0.0848% / S +0.0467% | 1h | 96.200 | +0.143% | $120K | — | 111x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0352% | 1h | 96.250 | +0.195% | $33K | — | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0269% | 1h | 96.220 | +0.163% | $103K | $277K | 15x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.348 | −0.744% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0040% | 1h | 96.070 | +0.007% | $232K | $578K | 15x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.0026% | 1h | 96.258 | +0.203% | $150.3M | $143.9M | 20x | as long as short |
| RISEx BZ/USDC | −0.0020% | 1h | 96.188 | +0.130% | $2.2M | $1.3M | 20x | as long as short |
| GRVT BZ_USDT_Perp | −0.0016% | 4h | 96.079 | +0.016% | $34K | $375K | 25x | as long as short |
| edgeX BZUSDC | −0.0013% | 4h | 96.131 | +0.071% | $220K | $233K | 20x | as long as short |
| Binance BZUSDT | −0.0003% | 4h | 96.201 | +0.143% | $146.0M | $466.2M | 100x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BZUSDT | 0.0000% | 4h | 96.165 | +0.107% | $334K | $1.4M | 50x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.190 | +0.132% | $10.4M | $16.0M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.200 | +0.143% | $15.8M | $26.9M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.150 | +0.091% | $9.2M | $16.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.200 | +0.143% | $27.4M | $20.9M | 100x | as long as short |
| Variational Omni BZlong | 0.0000% | 4h | 96.063 | long leg | $9.3M | $7.9M | — | |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.230 | +0.174% | $4K | $2.7M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.160 | +0.101% | $306K | $249K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.210 | +0.153% | $1.2M | $99K | 100x | as long as short |
| Paradex BZ-USD-PERP | +0.0015% | 8h | 96.191 | +0.134% | $3K | $521 | 5x | as long as short |
| Aftermath Perps BRENTUSD | +0.0039% | 1h | 96.218 | +0.162% | $6K | $45K | 5x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 99.950 | +4.046% | — | $735K | 10x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.256 | +0.201% | $1.5M | $529K | 20x | as long as short |
| BloFin BZ-USDT | +0.0050% | 4h | 96.190 | +0.132% | $1.5M | $95K | 50x | as long as short |
| KuCoin BZUSDTMshort | +0.0100% | 4h | 96.140 | +0.080% | $3.8M | $990K | 50x | |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.130 | +0.070% | $25K | $271K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 96.253 | +0.197% | $81K | $234K | 20x | as long as short |
| Lighter BRENTOIL | +0.0120% | 1h | 96.190 | +0.132% | $3.3M | $4.3M | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0121% | 1h | 96.170 | +0.111% | $3.1M | $1.1M | 15x | as long as short |
| Extended XBR-USD | +0.0200% | 1h | 96.032 | −0.033% | $671K | $5.2M | 10x | as long as short |
Variational Omni BZ
KuCoin BZUSDTM
GMX BRENTOIL/USD [ETH-USDC]
Deribit BRENTOIL_USDC-PERPETUAL
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
tradeXYZ xyz:BRENTOIL
RISEx BZ/USDC
GRVT BZ_USDT_Perp
edgeX BZUSDC
Binance BZUSDT
Aster BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
Paradex BZ-USD-PERP
Aftermath Perps BRENTUSD
Polymarket Perps BRENTOIL-USD
BloFin BZ-USDT
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
Lighter BRENTOIL
Extended XBR-USD