After costs, if the gap returns to its 7d average, $10k−$45
spread now−0.081%7d average−0.037%fees + slippage, in and out−$41spread needed0.410%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BZUSDT | 96.126 | 0 | get 0.0000% / 4h | 1h 49m | $144.3M | $461.0M | 100x |
| Short | edgeX BZUSDC | 96.048 | 0.0016 | get 0.0008% / 4h | 1h 49m | $220K | $235K | 20x |
Binance 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
- −$8.11
- Funding while held
- $0.48
- Slippage, 4 orders
- −$21.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$48.61
- Spread needed to break even
- 0.410%
Slippage from Binance: live order book, 10 min ago; edgeX: live order book, 49 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0016%
- Per $10,000 a day
- +$0.48
- 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, 10 min ago | 0.52 bp | 5.5 bp −$6 | 6.1 bp −$61 | 10.5 bp −$1,053 | 51.2 bp −$25.6K |
| Sell edgeX live order book, 49 min ago | 10.47 bp | 15.0 bp −$15 | 16.3 bp −$163 | 63.8 bp −$6,379 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.379cheapest
HTX95.880+10.999%Coinbase International95.950+11.080%KuCoin96.030+11.173%ApeX Omni96.030+11.173%Ondo Perps96.050+11.196%Gate96.060+11.208%GMX96.065+11.213%SunX96.080+11.231%BloFin96.080+11.231%Aster96.094+11.247%Aftermath Perps96.094+11.247%Polymarket Perps96.100+11.254%Phemex96.100+11.254%Bybit96.110+11.265%OKX96.110+11.265%Variational Omni96.117+11.274%Bitget96.120+11.277%Deribit96.120+11.277%Kraken Futures96.122+11.279%
Injective
HTX
Coinbase International
KuCoin
ApeX Omni
Ondo Perps
Gate
GMX
SunX
BloFin
Aster
Polymarket Perps
Phemex
Bybit
OKX
Variational Omni
Bitget
Deribit
Kraken FuturesBinance96.126+11.284%
Paradex96.127+11.285%RISEx96.129+11.288%Lighter96.140+11.300%Hotstuff96.140+11.300%Extended96.146+11.307%tradeXYZ96.173+11.338%gTrade (Gains Network)96.804+12.069%Vest100.11+15.896%
Paradex
RISEx
Lighter
Hotstuff
Extended
tradeXYZ
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 | −10.140% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.256% | 0.0000% | 4h | $283K | $162K | 75x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.183% | −0.0040% | 1h | $231K | $855K | 15x | as long as short |
| KuCoin BZUSDTM | −0.100% | +0.0100% | 4h | $3.8M | $942K | 50x | as long as short |
| ApeX Omni BZUSDT | −0.100% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| edgeX BZUSDCshort | −0.081% | +0.0016% | 4h | $220K | $235K | 20x | |
| Ondo Perps BRENT-USD.P | −0.079% | +0.0050% | 1h | $3.1M | $1.0M | 15x | as long as short |
| Gate BZ_USDT | −0.069% | 0.0000% | 8h | $9.2M | $18.5M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.063% | L +0.0014% / S +0.0047% | 1h | $35K | — | 111x | as long as short |
| SunX BRENTOIL-USDT | −0.048% | 0.0000% | 4h | $4K | $2.6M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin BZ-USDT | −0.048% | +0.0058% | 4h | $1.5M | $82K | 50x | as long as short |
| Aster BZUSDT | −0.033% | 0.0000% | 4h | $330K | $1.6M | 50x | as long as short |
| Aftermath Perps BRENTUSD | −0.033% | +0.0054% | 1h | $6K | $49K | 5x | as long as short |
| Polymarket Perps BRENTOIL-USD | −0.027% | +0.0050% | 1h | $1.5M | $550K | 20x | as long as short |
| Phemex XBRUSDT | −0.027% | 0.0000% | 4h | $1.2M | $101K | 100x | as long as short |
| Bybit BZUSDT | −0.017% | 0.0000% | 8h | $10.5M | $16.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.017% | 0.0000% | 4h | $15.9M | $30.0M | 50x | as long as short |
| Variational Omni BZ | −0.009% | 0.0000% | 4h | $9.6M | $12.3M | — | as long as short |
| Bitget BZUSDT | −0.006% | 0.0000% | 4h | $27.7M | $23.0M | 100x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.006% | 0.0000% | 1h | $103K | $280K | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.004% | +0.0085% | 1h | $82K | $303K | 20x | as long as short |
| Binance BZUSDTlong | 0.000% | 0.0000% | 4h | $144.3M | $461.0M | 100x | |
| Paradex BZ-USD-PERP | +0.001% | +0.0048% | 8h | $3K | $473 | 5x | as long as short |
| RISEx BZ/USDC | +0.003% | 0.0000% | 1h | $2.1M | $1.2M | 20x | as long as short |
| Lighter BRENTOIL | +0.015% | +0.0032% | 1h | $3.2M | $4.1M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.015% | 0.0000% | 1h | $33K | — | 20x | as long as short |
| Extended XBR-USD | +0.020% | +0.0032% | 1h | $678K | $5.2M | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.049% | +0.0050% | 1h | $148.5M | $142.0M | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.705% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.145% | +0.0046% | 1h | — | $617K | 10x | as long as short |