Spread before costs (cost unknown: a leg has no order-book sample)+0.776%
7d average—if it closes, per $10,000$78funding while held, a day+$0.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BZUSDT | 96.060 | −0.0001 | get 0.0001% / 4h | 29m 18s | $146.9M | $419.5M | 100x |
| Short | gTrade (Gains Network) BRENT/USD | 96.805 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 29m 18s | — | — | — |
Binance 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
- $77.57
- Funding while held
- $0.37
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $57.94
- Spread needed to break even
- 0.200%
Slippage unknown: Binance: live order book, 16 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0012%
- Per $10,000 a day
- +$0.37
- 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, 16 min ago | 0.52 bp | 5.5 bp −$6 | 6.2 bp −$62 | 10.3 bp −$1,031 | 43.7 bp −$21.8K |
| 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.Injective86.539cheapest
Gate96.040+10.979%GMX96.055+10.996%
Injective
Gate
GMXBinance96.060+11.002%
Bybit96.080+11.025%Ondo Perps96.080+11.025%KuCoin96.080+11.025%Bitget96.090+11.037%BloFin96.090+11.037%Kraken Futures96.100+11.048%tradeXYZ96.110+11.060%Polymarket Perps96.110+11.060%Deribit96.110+11.060%Lighter96.120+11.071%OKX96.120+11.071%SunX96.120+11.071%Extended96.129+11.081%RISEx96.142+11.097%HTX96.160+11.118%Paradex96.165+11.124%Hotstuff96.170+11.129%Aftermath Perps96.172+11.131%Aster96.200+11.164%Variational Omni96.246+11.217%edgeX96.272+11.247%ApeX Omni96.290+11.268%Coinbase International96.320+11.302%Phemex96.520+11.534%
Bybit
Ondo Perps
KuCoin
Bitget
BloFin
Kraken Futures
tradeXYZ
Polymarket Perps
Deribit
Lighter
OKX
SunX
Extended
RISEx
HTX
Paradex
Hotstuff
Aster
Variational Omni
ApeX Omni
Coinbase International
PhemexgTrade (Gains Network)96.805+11.863%
Vest100.18+15.763%
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 | −9.912% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Gate BZ_USDT | −0.021% | 0.0000% | 8h | $9.2M | $17.4M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.006% | L +0.0038% / S +0.0056% | 1h | $43K | — | 111x | as long as short |
| Binance BZUSDTlong | 0.000% | −0.0001% | 4h | $146.9M | $419.5M | 100x | |
| Bybit BZUSDT | +0.020% | 0.0000% | 8h | $10.8M | $15.2M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | +0.020% | +0.0026% | 1h | $3.0M | $908K | 15x | as long as short |
| KuCoin BZUSDTM | +0.020% | +0.0100% | 4h | $3.7M | $890K | 50x | as long as short |
| Bitget BZUSDT | +0.031% | 0.0000% | 4h | $28.4M | $20.0M | 100x | as long as short |
| BloFin BZ-USDT | +0.031% | −0.0029% | 4h | $1.6M | $73K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.041% | +0.0066% | 1h | $81K | $363K | 20x | as long as short |