After costs, if the gap returns to its 7d average, $10k−$28
spread now−0.010%7d average−0.010%fees + slippage, in and out−$28spread needed0.276%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BZUSDT | 96.070 | 0 | get 0.0000% / 4h | 2h 08m | $144.4M | $458.8M | 100x |
| Short | Bybit BZUSDT | 96.060 | 0 | get 0.0000% / 8h | 6h 08m | $10.4M | $16.5M | 100x |
Binance BZUSDT
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
- −$1.04
- Funding while held
- $0
- Slippage, 4 orders
- −$6.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$28.68
- Spread needed to break even
- 0.276%
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 6 min ago | 0.52 bp | 5.5 bp −$6 | 6.2 bp −$62 | 14.1 bp −$1,413 | 63.1 bp −$31.5K |
| Sell Bybit live order book, 1 min ago | 0.52 bp | 8.8 bp −$9 | 10.6 bp −$106 | 67.8 bp −$6,785 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective95.103cheapestApeX Omni95.940+0.880%HTX95.990+0.933%Coinbase International96.010+0.954%Ondo Perps96.020+0.964%Gate96.020+0.964%Aftermath Perps96.024+0.969%KuCoin96.040+0.985%Variational Omni96.043+0.989%BloFin96.050+0.996%edgeX96.050+0.996%GMX96.055+1.001%
Injective
ApeX Omni
HTX
Coinbase International
Ondo Perps
Gate
KuCoin
Variational Omni
BloFin
GMXBybit96.060+1.006%
Aster96.065+1.011%Lighter96.070+1.017%
Aster
LighterBinance96.070+1.017%
OKX96.070+1.017%Kraken Futures96.075+1.022%Paradex96.078+1.026%Bitget96.080+1.027%SunX96.080+1.027%Extended96.080+1.028%Deribit96.100+1.048%Polymarket Perps96.101+1.049%tradeXYZ96.111+1.060%Hotstuff96.120+1.069%RISEx96.133+1.083%Phemex96.440+1.406%gTrade (Gains Network)96.772+1.755%Vest100.10+5.254%
OKX
Kraken Futures
Paradex
Bitget
SunX
Extended
Deribit
Polymarket Perps
tradeXYZ
Hotstuff
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 | −1.007% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| ApeX Omni BZUSDT | −0.135% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| HTX BRENTOIL-USDT | −0.083% | 0.0000% | 4h | $284K | $124K | 75x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.062% | −0.0024% | 1h | $251K | $783K | 15x | as long as short |
| Ondo Perps BRENT-USD.P | −0.052% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| Gate BZ_USDT | −0.052% | 0.0000% | 8h | $9.2M | $18.6M | 100x | as long as short |
| Aftermath Perps BRENTUSD | −0.048% | +0.0057% | 1h | $6K | $49K | 5x | as long as short |
| KuCoin BZUSDTM | −0.031% | +0.0100% | 4h | $3.8M | $930K | 50x | as long as short |
| Variational Omni BZ | −0.028% | 0.0000% | 4h | $9.5M | $12.3M | — | as long as short |
| BloFin BZ-USDT | −0.021% | +0.0037% | 4h | $1.5M | $82K | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX BZUSDC | −0.021% | +0.0013% | 4h | $220K | $234K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.016% | L +0.0016% / S +0.0046% | 1h | $35K | — | 111x | as long as short |
| Bybit BZUSDTshort | −0.010% | 0.0000% | 8h | $10.4M | $16.5M | 100x | |
| Aster BZUSDT | −0.005% | 0.0000% | 4h | $333K | $1.6M | 50x | as long as short |
| Lighter BRENTOIL | 0.000% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |
| Binance BZUSDTlong | 0.000% | 0.0000% | 4h | $144.4M | $458.8M | 100x | |
| OKX BZ-USDT-SWAP | 0.000% | 0.0000% | 4h | $15.9M | $30.8M | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.005% | −0.0322% | 1h | $82K | $302K | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.009% | +0.0047% | 8h | $3K | $473 | 5x | as long as short |
| Bitget BZUSDT | +0.010% | 0.0000% | 4h | $27.7M | $22.7M | 100x | as long as short |
| SunX BRENTOIL-USDT | +0.010% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Extended XBR-USD | +0.011% | +0.0032% | 1h | $678K | $5.2M | 10x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.031% | 0.0000% | 1h | $103K | $281K | 15x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.032% | +0.0050% | 1h | $1.5M | $550K | 20x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.043% | +0.0050% | 1h | $148.6M | $141.8M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.052% | −0.0032% | 1h | $33K | — | 20x | as long as short |
| RISEx BZ/USDC | +0.066% | 0.0000% | 1h | $2.1M | $1.0M | 20x | as long as short |
| Phemex XBRUSDT | +0.385% | 0.0000% | 4h | $1.2M | $99K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.730% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.195% | +0.0046% | 1h | — | $617K | 10x | as long as short |