Spread before costs (cost unknown: a leg has no order-book sample)+0.134%
7d average—if it closes, per $10,000$13funding while held, a day−$0.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps BRENTUSD | 95.912 | 0.0037 | pay 0.0005% / 1h | 14m 06s | $6K | $49K | 5x |
| Short | Hotstuff BRENTOIL-PERP | 96.040 | 0.0008 | get 0.0001% / 1h | 14m 06s | $33K | — | 20x |
Hotstuff BRENTOIL-PERPPrice 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
- $13.35
- Funding while held
- −$0.86
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$1.51
- Spread needed to break even
- 0.140%
Slippage unknown: Aftermath Perps: no order-book sample; Hotstuff: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0029%
- Per $10,000 a day
- −$0.86
- 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 Hotstuff no order-book sample | — | — | — | — | — |
Aftermath Perps and Hotstuff: 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.Injective95.103cheapestCoinbase International95.660+0.586%HTX95.840+0.775%Variational Omni95.843+0.778%BloFin95.870+0.806%edgeX95.872+0.809%ApeX Omni95.880+0.817%Gate95.940+0.880%Ondo Perps95.950+0.891%KuCoin95.960+0.901%Bybit95.970+0.912%OKX95.970+0.912%Bitget95.980+0.922%GMX95.995+0.938%Binance95.997+0.940%Paradex96.005+0.948%Kraken Futures96.006+0.949%Lighter96.010+0.954%SunX96.010+0.954%Deribit96.010+0.954%Aster96.012+0.956%Extended96.026+0.971%Polymarket Perps96.037+0.982%
Injective
Coinbase International
HTX
Variational Omni
BloFin
ApeX Omni
Gate
Ondo Perps
KuCoin
Bybit
OKX
Bitget
GMX
Binance
Paradex
Kraken Futures
Lighter
SunX
Deribit
Aster
Extended
Polymarket PerpsHotstuff96.040+0.985%
tradeXYZ96.045+0.991%RISEx96.047+0.993%Phemex96.290+1.248%gTrade (Gains Network)96.722+1.703%Vest100.03+5.181%
tradeXYZ
RISEx
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 | −0.843% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.263% | −0.0024% | 1h | $250K | $779K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.075% | 0.0000% | 4h | $283K | $124K | 75x | as long as short |
| Variational Omni BZ | −0.072% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| BloFin BZ-USDT | −0.044% | −0.0026% | 4h | $1.5M | $81K | 50x | as long as short |
| edgeX BZUSDC | −0.042% | +0.0015% | 4h | $219K | $236K | 20x | as long as short |
| ApeX Omni BZUSDT | −0.033% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Aftermath Perps BRENTUSDlong | 0.000% | +0.0037% | 1h | $6K | $49K | 5x | |
| Gate BZ_USDT | +0.029% | 0.0000% | 8h | $9.2M | $18.5M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | +0.040% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin BZUSDTM | +0.050% | +0.0100% | 4h | $3.8M | $927K | 50x | as long as short |
| Bybit BZUSDT | +0.061% | 0.0000% | 8h | $10.4M | $16.5M | 100x | as long as short |
| OKX BZ-USDT-SWAP | +0.061% | 0.0000% | 4h | $15.8M | $31.3M | 50x | as long as short |
| Bitget BZUSDT | +0.071% | 0.0000% | 4h | $27.7M | $22.7M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | +0.087% | L +0.0016% / S +0.0045% | 1h | $35K | — | 111x | as long as short |
| Binance BZUSDT | +0.089% | 0.0000% | 4h | $144.2M | $458.3M | 100x | as long as short |
| Paradex BZ-USD-PERP | +0.097% | +0.0046% | 8h | $3K | $473 | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.098% | −0.0323% | 1h | $82K | $301K | 20x | as long as short |
| Lighter BRENTOIL | +0.102% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |
| SunX BRENTOIL-USDT | +0.102% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.102% | 0.0000% | 1h | $103K | $281K | 15x | as long as short |
| Aster BZUSDT | +0.104% | 0.0000% | 4h | $333K | $1.6M | 50x | as long as short |
| Extended XBR-USD | +0.119% | +0.0032% | 1h | $678K | $5.2M | 10x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.130% | +0.0050% | 1h | $1.5M | $549K | 20x | as long as short |
| Hotstuff BRENTOIL-PERPshort | +0.134% | +0.0008% | 1h | $33K | — | 20x | |
| tradeXYZ xyz:BRENTOIL | +0.139% | +0.0050% | 1h | $148.5M | $141.9M | 20x | as long as short |
| RISEx BZ/USDC | +0.141% | 0.0000% | 1h | $2.1M | $1.0M | 20x | as long as short |
| Phemex XBRUSDT | +0.394% | 0.0000% | 4h | $1.2M | $99K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.845% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.294% | +0.0046% | 1h | — | $617K | 10x | as long as short |