Funding you earn now, next payment 08:00 UTC+0.0103%/8h= +11.3% APRnext payment +$0.13 per $10,000 · paid last 24h +0.016%
Price spread now: Kraken Futures against Vest−4.015%7-day average −3.176% · 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)−0.336%−$34 on $10k
+Price spread, last 4 days (all we have)+0.406%+$41 · spread now −4.015%, 7d avg −3.176%
=Together, before fees+0.071%+ Points / potential airdropVest: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.839% cheaper against Vest than usual: you would sell low and buy high (spread −4.015% now, against its 7-day average of −3.176%). If the spread goes back, that is −$84 on $10k: about 27 days of funding at the current rate (+$3 a day). Mind the row above: over the last 4 days funding on this pair cost −0.336%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BZ-PERP | 101.40 | 0.0010 | pay 0.0001% / 1h | 3m 37s | — | $735K | 10x |
| Short | Kraken Futures PF_BRENTOILUSD | 97.329 | 0.0113 | get 0.0014% / 1h | 3m 37s | $82K | $200K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Vest. 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
- $21.71
- Price spread: −4.015% → −3.176%
- −$83.91
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$74.2
- Costs to cover
- 0.120%
- Break-even
- 30.9 days
Slippage unknown: Vest: no order-book sample; Kraken Futures: live order book, 34 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 Vest no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 34 min ago | 5.44 bp | 19.4 bp −$19 | 36.1 bp −$361 | doesn't fit | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0264% | 1h | 97.300 | −4.043% | $100K | $256K | 15x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.342 | −4.988% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.480 | −3.866% | $237K | $402K | 15x | as long as short |
| BloFin BZ-USDT | −0.0035% | 4h | 97.360 | −3.984% | $1.5M | $99K | 50x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0018% | 1h | 97.260 | −4.083% | $3.1M | $1.0M | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.373 | −3.972% | $339K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.322 | −4.021% | $148.2M | $351.4M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.300 | −4.043% | $10.3M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.310 | −4.034% | $16.1M | $19.6M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.284 | −4.059% | $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 | 97.270 | −4.073% | $9.2M | $11.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.340 | −4.004% | $27.9M | $18.5M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.402 | −3.943% | $9.5M | $6.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.430 | −3.915% | $14K | $332K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.360 | −3.984% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.290 | −4.053% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.400 | −3.945% | $1.2M | $86K | 100x | as long as short |
| edgeX BZUSDC | +0.0003% | 4h | 97.432 | −3.913% | $224K | $229K | 20x | as long as short |
| Vest BZ-PERPlong | +0.0010% | 1h | 101.40 | long leg | — | $735K | 10x | |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.903 | −3.448% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.330 | −4.014% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.342 | −4.002% | $747K | $2.9M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.312 | −4.031% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.355 | −3.989% | $155.4M | $115.3M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.392 | −3.953% | $1.6M | $395K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0076% | 1h | 97.344 | −4.000% | $7K | $40K | 5x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0088% | 1h | 97.340 | −4.004% | $34K | — | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.360 | −3.984% | $3.8M | $800K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.450 | −3.895% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSDshort | +0.0113% | 1h | 97.329 | −4.015% | $82K | $200K | 20x | |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.325 | −4.019% | $115K | — | 111x | as long as short |
Kraken Futures PF_BRENTOILUSD
Deribit BRENTOIL_USDC-PERPETUAL
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]