After costs, if the gap returns to its 7d average, $10k−$28
spread now−0.024%7d average−0.021%fees + slippage, in and out−$28spread needed0.280%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BZUSDT | 95.493 | −0.0003 | get 0.0001% / 4h | 2h 45m | $144.9M | $452.1M | 100x |
| Short | BloFin BZ-USDT | 95.470 | 0.0041 | get 0.0020% / 4h | 2h 45m | $1.5M | $80K | 50x |
Binance BZUSDT
BloFin BZ-USDTPrice 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
- −$2.39
- Funding while held
- $1.31
- Slippage, 4 orders
- −$6.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.13
- Spread needed to break even
- 0.280%
Slippage from Binance: live order book, 15 min ago; BloFin: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0044%
- Per $10,000 a day
- +$1.31
- 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 Binance live order book, 15 min ago | 0.52 bp | 5.6 bp −$6 | 7.7 bp −$77 | 15.4 bp −$1,542 | 55.9 bp −$28.0K |
| Sell BloFin live order book, 4 min ago | 2.10 bp | 8.6 bp −$9 | 10.5 bp −$105 | 22.4 bp −$2,238 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective94.482cheapestHTX95.400+0.972%edgeX95.423+0.996%Ondo Perps95.430+1.003%GMX95.435+1.009%Gate95.440+1.014%Variational Omni95.458+1.033%Bybit95.470+1.046%Bitget95.470+1.046%SunX95.470+1.046%
Injective
HTX
Ondo Perps
GMX
Gate
Variational Omni
Bybit
Bitget
SunXBloFin95.470+1.046%
Aster95.473+1.049%Lighter95.480+1.056%OKX95.480+1.056%Deribit95.480+1.056%Coinbase International95.480+1.056%Paradex95.481+1.058%Aftermath Perps95.482+1.058%ApeX Omni95.490+1.067%
Aster
Lighter
OKX
Deribit
Coinbase International
Paradex
ApeX OmniBinance95.493+1.070%
Kraken Futures95.497+1.074%Extended95.498+1.075%KuCoin95.500+1.077%tradeXYZ95.509+1.087%Hotstuff95.520+1.099%Polymarket Perps95.531+1.110%RISEx95.542+1.122%Phemex95.600+1.183%gTrade (Gains Network)96.202+1.820%Vest99.480+5.290%
Kraken Futures
Extended
KuCoin
tradeXYZ
Hotstuff
Polymarket Perps
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 | −1.059% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.097% | 0.0000% | 4h | $282K | $125K | 75x | as long as short |
| edgeX BZUSDC | −0.073% | −0.0004% | 4h | $218K | $236K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | −0.066% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.061% | L +0.0018% / S +0.0044% | 1h | $35K | — | 111x | as long as short |
| Gate BZ_USDT | −0.055% | 0.0000% | 8h | $9.2M | $18.4M | 100x | as long as short |
| Variational Omni BZ | −0.036% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| Bybit BZUSDT | −0.024% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| Bitget BZUSDT | −0.024% | 0.0000% | 4h | $27.6M | $22.4M | 100x | as long as short |
| SunX BRENTOIL-USDT | −0.024% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |