Spread before costs (cost unknown: a leg has no order-book sample)+0.705%
7d average—if it closes, per $10,000$71funding while held, a day+$0.33
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BZUSDT | 96.200 | 0 | get 0.0000% / 4h | 1h 48m | $330K | $1.6M | 50x |
| Short | gTrade (Gains Network) BRENT/USD | 96.879 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 48m 42s | — | — | — |
Aster BZUSDT
gTrade (Gains Network) BRENT/USDPrice 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
- $70.52
- Funding while held
- $0.33
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $52.86
- Spread needed to break even
- 0.180%
Slippage unknown: Aster: live order book, 1 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0011%
- Per $10,000 a day
- +$0.33
- 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 Aster live order book, 1 min ago | 2.08 bp | 6.1 bp −$6 | 7.5 bp −$75 | 79.3 bp −$7,925 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.Injective86.379cheapest
Coinbase International95.950+11.080%HTX96.000+11.138%edgeX96.048+11.194%Ondo Perps96.050+11.196%ApeX Omni96.080+11.231%Aftermath Perps96.094+11.247%Variational Omni96.117+11.274%Paradex96.127+11.285%RISEx96.129+11.288%Hotstuff96.140+11.300%SunX96.140+11.300%GMX96.155+11.318%Gate96.160+11.323%Polymarket Perps96.183+11.350%OKX96.190+11.358%KuCoin96.190+11.358%Phemex96.200+11.370%BloFin96.200+11.370%
Injective
Coinbase International
HTX
Ondo Perps
ApeX Omni
Variational Omni
Paradex
RISEx
Hotstuff
SunX
GMX
Gate
Polymarket Perps
OKX
KuCoin
Phemex
BloFinAster96.200+11.370%
Kraken Futures96.205+11.376%Bybit96.210+11.381%Bitget96.220+11.393%Extended96.223+11.397%Binance96.230+11.404%Deribit96.230+11.404%Lighter96.250+11.428%tradeXYZ96.254+11.432%
Kraken Futures
Bybit
Bitget
Extended
Binance
Deribit
Lighter
tradeXYZgTrade (Gains Network)96.879+12.155%
Vest100.19+15.989%
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 | −10.209% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.260% | −0.0040% | 1h | $231K | $855K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.208% | 0.0000% | 4h | $284K | $162K | 75x | as long as short |
| edgeX BZUSDC | −0.158% | +0.0016% | 4h | $220K | $235K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | −0.156% | +0.0050% | 1h | $3.1M | $1.0M | 15x | as long as short |
| ApeX Omni BZUSDT | −0.125% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Aftermath Perps BRENTUSD | −0.110% | +0.0054% | 1h | $6K | $49K | 5x | as long as short |
| Variational Omni BZ | −0.086% | 0.0000% | 4h | $9.6M | $12.3M | — | as long as short |
| Paradex BZ-USD-PERP | −0.076% | +0.0048% | 8h | $3K | $473 | 5x | as long as short |
| RISEx BZ/USDC | −0.074% | 0.0000% | 1h | $2.1M | $1.2M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff BRENTOIL-PERP | −0.063% | 0.0000% | 1h | $33K | — | 20x | as long as short |
| SunX BRENTOIL-USDT | −0.063% | 0.0000% | 4h | $4K | $2.6M | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.047% | L +0.0014% / S +0.0047% | 1h | $35K | — | 111x | as long as short |
| Gate BZ_USDT | −0.042% | 0.0000% | 8h | $9.2M | $18.5M | 100x | as long as short |
| Polymarket Perps BRENTOIL-USD | −0.018% | +0.0050% | 1h | $1.5M | $550K | 20x | as long as short |
| OKX BZ-USDT-SWAP | −0.011% | 0.0000% | 4h | $15.9M | $30.0M | 50x | as long as short |
| KuCoin BZUSDTM | −0.011% | +0.0100% | 4h | $3.8M | $942K | 50x | as long as short |
| Phemex XBRUSDT | 0.000% | 0.0000% | 4h | $1.2M | $101K | 100x | as long as short |
| BloFin BZ-USDT | 0.000% | −0.0021% | 4h | $1.5M | $82K | 50x | as long as short |
| Aster BZUSDTlong | 0.000% | 0.0000% | 4h | $330K | $1.6M | 50x | |
| Kraken Futures PF_BRENTOILUSD | +0.005% | +0.0085% | 1h | $81K | $306K | 20x | as long as short |
| Bybit BZUSDT | +0.010% | 0.0000% | 8h | $10.5M | $16.6M | 100x | as long as short |
| Bitget BZUSDT | +0.021% | 0.0000% | 4h | $27.8M | $23.0M | 100x | as long as short |
| Extended XBR-USD | +0.024% | +0.0032% | 1h | $682K | $5.2M | 10x | as long as short |
| Binance BZUSDT | +0.031% | 0.0000% | 4h | $144.5M | $461.0M | 100x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.031% | 0.0000% | 1h | $103K | $280K | 15x | as long as short |
| Lighter BRENTOIL | +0.052% | +0.0032% | 1h | $3.2M | $4.1M | 20x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.056% | +0.0050% | 1h | $148.7M | $142.0M | 20x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | +0.705% | L +0.0011% / S −0.0011% | 1h | — | — | — | |
| Vest BZ-PERP | +4.147% | +0.0046% | 1h | — | $617K | 10x | as long as short |