Spread before costs (cost unknown: a leg has no order-book sample)+0.152%
7d average—if it closes, per $10,000$15funding while held, a day+$1.69
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps BRENTUSD | 95.325 | −0.0056 | get 0.0007% / 1h | 58m 54s | $6K | $49K | 5x |
| Short | Bybit BZUSDT | 95.470 | 0 | get 0.0000% / 8h | 6h 58m | $10.4M | $16.3M | 100x |
Bybit BZUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $15.22
- Funding while held
- $1.69
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$3.09
- Spread needed to break even
- 0.200%
Slippage unknown: Aftermath Perps: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0056%
- Per $10,000 a day
- +$1.69
- Average in range /8h
- —
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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 0.52 bp | 8.5 bp −$8 | 11.3 bp −$113 | 90.6 bp −$9,064 | doesn't fit |
Aftermath Perps: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective94.482cheapestedgeX95.267+0.831%Variational Omni95.283+0.847%HTX95.330+0.898%ApeX Omni95.360+0.929%Ondo Perps95.390+0.961%Hotstuff95.410+0.982%BloFin95.420+0.993%Paradex95.436+1.010%GMX95.445+1.019%Gate95.460+1.035%SunX95.460+1.035%Polymarket Perps95.469+1.045%
Injective
Variational Omni
HTX
ApeX Omni
Ondo Perps
Hotstuff
BloFin
Paradex
GMX
Gate
SunX
Polymarket PerpsBybit95.470+1.046%
KuCoin95.470+1.046%OKX95.480+1.056%Bitget95.480+1.056%Coinbase International95.480+1.056%Kraken Futures95.482+1.058%RISEx95.485+1.062%Aster95.500+1.077%Binance95.500+1.078%Lighter95.510+1.088%tradeXYZ95.532+1.111%Deribit95.540+1.120%Extended95.548+1.128%Phemex95.570+1.152%gTrade (Gains Network)96.183+1.800%Vest99.400+5.205%
KuCoin
OKX
Bitget
Coinbase International
Kraken Futures
RISEx
Aster
Binance
Lighter
tradeXYZ
Deribit
Extended
Phemex
gTrade (Gains Network)
VestBZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −0.884% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| edgeX BZUSDC | −0.061% | +0.0006% | 4h | $218K | $236K | 20x | as long as short |
| Variational Omni BZ | −0.044% | 0.0000% | 4h | $9.4M | $12.2M | — | as long as short |
| Aftermath Perps BRENTUSDlong | 0.000% | −0.0056% | 1h | $6K | $49K | 5x | |
| HTX BRENTOIL-USDT | +0.005% | 0.0000% | 4h | $282K | $135K | 75x | as long as short |
| ApeX Omni BZUSDT | +0.037% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Ondo Perps BRENT-USD.P | +0.068% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.089% | 0.0000% | 1h | $33K | — | 20x | as long as short |
| BloFin BZ-USDT | +0.100% | −0.0024% | 4h | $1.5M | $79K | 50x | as long as short |
| Paradex BZ-USD-PERP | +0.117% | +0.0039% | 8h | $3K | $282 | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX BRENTOIL/USD [ETH-USDC] | +0.126% | L +0.0019% / S +0.0043% | 1h | $35K | — | 111x | as long as short |
| Gate BZ_USDT | +0.142% | 0.0000% | 8h | $9.2M | $18.3M | 100x | as long as short |
| SunX BRENTOIL-USDT | +0.142% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.151% | +0.0050% | 1h | $1.5M | $549K | 20x | as long as short |
| Bybit BZUSDTshort | +0.152% | 0.0000% | 8h | $10.4M | $16.3M | 100x | |
| KuCoin BZUSDTM | +0.152% | +0.0100% | 4h | $3.7M | $928K | 50x | as long as short |
| OKX BZ-USDT-SWAP | +0.163% | 0.0000% | 4h | $15.8M | $31.2M | 50x | as long as short |
| Bitget BZUSDT | +0.163% | 0.0000% | 4h | $27.6M | $22.3M | 100x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | +0.163% | −0.0024% | 1h | $266K | $713K | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.164% | −0.0324% | 1h | $81K | $328K | 20x | as long as short |
| RISEx BZ/USDC | +0.168% | 0.0000% | 1h | $2.1M | $1.0M | 20x | as long as short |
| Aster BZUSDT | +0.184% | 0.0000% | 4h | $340K | $1.6M | 50x | as long as short |
| Binance BZUSDT | +0.184% | −0.0013% | 4h | $145.0M | $451.3M | 100x | as long as short |
| Lighter BRENTOIL | +0.194% | +0.0032% | 1h | $3.2M | $4.1M | 20x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.217% | +0.0050% | 1h | $134.8M | $135.1M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.226% | 0.0000% | 1h | $102K | $280K | 15x | as long as short |
| Extended XBR-USD | +0.234% | +0.0032% | 1h | $677K | $5.2M | 10x | as long as short |
| Phemex XBRUSDT | +0.257% | 0.0000% | 4h | $1.2M | $98K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.900% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.275% | +0.0046% | 1h | — | $593K | 10x | as long as short |