After costs, if the gap returns to its 7d average, $10k−$41
spread now+0.073%7d average+0.056%fees + slippage, in and out−$42spread needed0.422%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BZUSDT | 96.150 | 0.0100 | pay 0.0013% / 1h | 21m 44s | $25K | $271K | 50x |
| Short | Lighter BRENTOIL | 96.220 | 0.0032 | get 0.0004% / 1h | 21m 44s | $3.3M | $4.3M | 20x |
ApeX Omni BZUSDT
Lighter BRENTOILPrice 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
- $7.28
- Funding while held
- −$2.04
- Slippage, 4 orders
- −$32.21
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$36.97
- Spread needed to break even
- 0.422%
Slippage from ApeX Omni: live order book, 12 min ago; Lighter: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0068%
- Per $10,000 a day
- −$2.04
- 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 ApeX Omni live order book, 12 min ago | 8.83 bp | 20.0 bp −$20 | 200.1 bp −$2,001 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 1.04 bp | 1.0 bp −$1 | 2.1 bp −$21 | 16.2 bp −$1,621 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.613cheapest
Variational Omni96.049+10.895%edgeX96.055+10.901%KuCoin96.120+10.976%
Injective
Variational Omni
KuCoinApeX Omni96.150+11.011%
Gate96.160+11.023%OKX96.170+11.034%HTX96.170+11.034%Bybit96.180+11.046%Coinbase International96.180+11.046%BloFin96.180+11.046%Ondo Perps96.190+11.057%Aster96.196+11.065%Binance96.210+11.080%GMX96.215+11.086%Aftermath Perps96.216+11.087%
Gate
OKX
HTX
Bybit
Coinbase International
BloFin
Ondo Perps
Aster
Binance
GMXLighter96.220+11.092%
Bitget96.220+11.092%Phemex96.220+11.092%Paradex96.225+11.098%Kraken Futures96.227+11.100%RISEx96.228+11.101%SunX96.230+11.103%tradeXYZ96.242+11.117%Polymarket Perps96.242+11.117%Extended96.246+11.122%Deribit96.250+11.127%Hotstuff96.280+11.161%gTrade (Gains Network)96.962+11.948%Vest100.29+15.791%
Bitget
Phemex
Paradex
Kraken Futures
RISEx
SunX
tradeXYZ
Polymarket Perps
Extended
Deribit
Hotstuff
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 | −9.919% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Variational Omni BZ | −0.105% | 0.0000% | 4h | $9.5M | $11.8M | — | as long as short |
| edgeX BZUSDC | −0.099% | +0.0017% | 4h | $220K | $234K | 20x | as long as short |
| KuCoin BZUSDTM | −0.031% | +0.0100% | 4h | $3.8M | $946K | 50x | as long as short |
| ApeX Omni BZUSDTlong | 0.000% | +0.0100% | 1h | $25K | $271K | 50x | |
| Gate BZ_USDT | +0.010% | 0.0000% | 8h | $9.2M | $18.7M | 100x | as long as short |
| OKX BZ-USDT-SWAP | +0.021% | 0.0000% | 4h | $15.9M | $30.0M | 50x | as long as short |
| HTX BRENTOIL-USDT | +0.021% | 0.0000% | 4h | $284K | $162K | 75x | as long as short |
| Bybit BZUSDT | +0.031% | 0.0000% | 8h | $10.4M | $16.6M | 100x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | +0.031% | −0.0040% | 1h | $230K | $840K | 15x | as long as short |