Spread before costs (cost unknown: a leg has no order-book sample)−1.066%
7d average—if it closes, per $10,000$107funding while held, a day−$6.29
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BZUSDT | 95.500 | −0.0010 | get 0.0005% / 4h | 2h 53m | $144.9M | $452.2M | 100x |
| Short | Injective BRENT/USDC PERP | 94.482 | −0.0220 | pay 0.0028% / 1h | 53m 05s | $10K | $4K | 30x |
Binance BZUSDT
Injective BRENT/USDC 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
- −$106.6
- Funding while held
- −$6.29
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$122.91
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 7 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0210%
- Per $10,000 a day
- −$6.29
- 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, 7 min ago | 0.52 bp | 5.6 bp −$6 | 7.7 bp −$77 | 15.4 bp −$1,542 | 55.9 bp −$28.0K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.Injective94.482cheapest
Gate95.460+1.035%BloFin95.460+1.035%Bybit95.470+1.046%Ondo Perps95.480+1.056%Coinbase International95.480+1.056%HTX95.480+1.056%Paradex95.482+1.058%OKX95.490+1.067%Bitget95.490+1.067%GMX95.495+1.072%Aftermath Perps95.496+1.073%Aster95.500+1.077%
Gate
BloFin
Bybit
Ondo Perps
Coinbase International
HTX
Paradex
OKX
Bitget
GMX
AsterBinance95.500+1.077%
Hotstuff95.500+1.077%KuCoin95.500+1.077%Lighter95.510+1.088%SunX95.510+1.088%Polymarket Perps95.512+1.090%RISEx95.521+1.100%Kraken Futures95.521+1.100%tradeXYZ95.529+1.108%Variational Omni95.529+1.108%Extended95.549+1.130%Deribit95.550+1.130%edgeX95.552+1.133%ApeX Omni95.580+1.162%Phemex95.700+1.289%gTrade (Gains Network)96.221+1.840%Vest99.480+5.290%
Hotstuff
KuCoin
Lighter
SunX
Polymarket Perps
RISEx
Kraken Futures
tradeXYZ
Variational Omni
Extended
Deribit
ApeX Omni
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 PERPshort | −1.066% | −0.0220% | 1h | $10K | $4K | 30x | |
| Gate BZ_USDT | −0.042% | 0.0000% | 8h | $9.2M | $18.4M | 100x | as long as short |
| BloFin BZ-USDT | −0.042% | −0.0012% | 4h | $1.5M | $80K | 50x | as long as short |
| Bybit BZUSDT | −0.031% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | −0.021% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.021% | −0.0024% | 1h | $266K | $713K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.021% | 0.0000% | 4h | $282K | $131K | 75x | as long as short |
| Paradex BZ-USD-PERP | −0.019% | +0.0041% | 8h | $3K | $282 | 5x | as long as short |
| OKX BZ-USDT-SWAP | −0.010% | 0.0000% | 4h | $15.8M | $31.2M | 50x | as long as short |
| Bitget BZUSDT | −0.010% | 0.0000% | 4h | $27.6M | $22.4M | 100x | as long as short |