Spread before costs (cost unknown: a leg has no order-book sample)−0.057%
7d average—if it closes, per $10,000$6funding while held, a day−$5.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BZUSDT | 95.445 | 0 | get 0.0000% / 4h | 3h 45m | $145.3M | $440.5M | 100x |
| Short | Hotstuff BRENTOIL-PERP | 95.390 | −0.0168 | pay 0.0021% / 1h | 45m 33s | $33K | — | 20x |
Binance BZUSDT
Hotstuff BRENTOIL-PERPPrice 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
- −$5.74
- Funding while held
- −$5.04
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$25.78
- Spread needed to break even
- 0.150%
Slippage unknown: Binance: live order book, 15 min ago; Hotstuff: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0168%
- Per $10,000 a day
- −$5.04
- 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 | 5.5 bp −$6 | 6.4 bp −$64 | 11.9 bp −$1,187 | 58.2 bp −$29.1K |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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.SunX95.230cheapestGMX95.235+0.005%HTX95.250+0.021%Kraken Futures95.260+0.032%Deribit95.280+0.053%edgeX95.338+0.114%Ondo Perps95.340+0.116%Injective95.340+0.116%BloFin95.340+0.116%Aster95.346+0.122%Gate95.360+0.137%Variational Omni95.379+0.157%
SunX
GMX
HTX
Kraken Futures
Deribit
Ondo Perps
Injective
BloFin
Aster
Gate
Variational OmniHotstuff95.390+0.168%
ApeX Omni95.400+0.179%Paradex95.407+0.186%KuCoin95.410+0.189%tradeXYZ95.421+0.201%Lighter95.430+0.210%OKX95.430+0.210%Bybit95.440+0.221%Bitget95.440+0.221%
ApeX Omni
Paradex
KuCoin
tradeXYZ
Lighter
OKX
Bybit
BitgetBinance95.445+0.226%
RISEx95.471+0.253%Polymarket Perps95.480+0.263%Extended95.485+0.267%Aftermath Perps95.535+0.320%Coinbase International95.550+0.336%Phemex95.950+0.756%gTrade (Gains Network)95.981+0.788%Vest99.510+4.494%
RISEx
Polymarket Perps
Extended
Coinbase International
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 | |
|---|---|---|---|---|---|---|---|
| SunX BRENTOIL-USDT | −0.225% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.220% | L +0.0028% / S +0.0059% | 1h | $41K | — | 111x | as long as short |
| HTX BRENTOIL-USDT | −0.204% | 0.0000% | 4h | $281K | $126K | 75x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.193% | −0.0215% | 1h | $80K | $364K | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.173% | −0.0065% | 1h | $102K | $261K | 15x | as long as short |
| edgeX BZUSDC | −0.112% | +0.0019% | 4h | $218K | $237K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | −0.110% | +0.0050% | 1h | $3.0M | $989K | 15x | as long as short |
| Injective BRENT/USDC PERP | −0.110% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| BloFin BZ-USDT | −0.110% | +0.0007% | 4h | $1.5M | $78K | 50x | as long as short |
| Aster BZUSDT | −0.103% | 0.0000% | 4h | $334K | $1.6M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate BZ_USDT | −0.089% | 0.0000% | 8h | $9.2M | $17.9M | 100x | as long as short |
| Variational Omni BZ | −0.069% | 0.0000% | 4h | $9.4M | $11.8M | — | as long as short |
| Hotstuff BRENTOIL-PERPshort | −0.057% | −0.0168% | 1h | $33K | — | 20x | |
| ApeX Omni BZUSDT | −0.047% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Paradex BZ-USD-PERP | −0.039% | +0.0046% | 8h | $3K | $282 | 5x | as long as short |
| KuCoin BZUSDTM | −0.036% | +0.0100% | 4h | $3.7M | $920K | 50x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.025% | +0.0050% | 1h | $136.8M | $130.2M | 20x | as long as short |
| Lighter BRENTOIL | −0.016% | +0.0032% | 1h | $3.2M | $4.0M | 20x | as long as short |
| OKX BZ-USDT-SWAP | −0.016% | 0.0000% | 4h | $16.0M | $30.6M | 50x | as long as short |
| Bybit BZUSDT | −0.005% | 0.0000% | 8h | $10.6M | $16.0M | 100x | as long as short |
| Bitget BZUSDT | −0.005% | 0.0000% | 4h | $27.6M | $21.8M | 100x | as long as short |
| Binance BZUSDTlong | 0.000% | 0.0000% | 4h | $145.3M | $440.5M | 100x | |
| RISEx BZ/USDC | +0.028% | −0.0024% | 1h | $2.1M | $1.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.037% | +0.0050% | 1h | $1.5M | $568K | 20x | as long as short |
| Extended XBR-USD | +0.042% | +0.0032% | 1h | $684K | $5.2M | 10x | as long as short |
| Aftermath Perps BRENTUSD | +0.095% | −0.0040% | 1h | $7K | $49K | 5x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | +0.110% | −0.0048% | 1h | $257K | $704K | 15x | as long as short |
| Phemex XBRUSDT | +0.529% | 0.0000% | 4h | $1.2M | $92K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.561% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.259% | +0.0046% | 1h | — | $476K | 10x | as long as short |