Spread before costs (cost unknown: a leg has no order-book sample)−0.010%
7d average−0.068%if it closes, per $10,000$1funding while held, a day+$1.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BZUSDT | 96.170 | 0 | get 0.0000% / 4h | 1h 46m | $144.4M | $461.2M | 100x |
| Short | Ondo Perps BRENT-USD.P | 96.160 | 0.0050 | get 0.0006% / 1h | 46m 10s | $3.1M | $1.0M | 15x |
Price 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
- $1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$14.53
- Spread needed to break even
- 0.150%
Slippage unknown: Binance: live order book, 14 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.51
- 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, 14 min ago | 0.52 bp | 5.5 bp −$6 | 6.1 bp −$61 | 10.5 bp −$1,053 | 51.2 bp −$25.6K |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.BZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −10.181% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.229% | −0.0040% | 1h | $231K | $855K | 15x | as long as short |
| Phemex XBRUSDT | −0.083% | 0.0000% | 4h | $1.2M | $101K | 100x | as long as short |
| Variational Omni BZ | −0.055% | 0.0000% | 4h | $9.6M | $12.3M | — | as long as short |
| Gate BZ_USDT | −0.052% | 0.0000% | 8h | $9.2M | $18.5M | 100x | as long as short |
| edgeX BZUSDC | −0.050% | +0.0014% | 4h | $220K | $235K | 20x | as long as short |
| HTX BRENTOIL-USDT | −0.042% | 0.0000% | 4h | $284K | $162K | 75x | as long as short |
| OKX BZ-USDT-SWAP | −0.021% | 0.0000% | 4h | $15.9M | $30.0M | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.016% | L +0.0014% / S +0.0047% | 1h | $35K | — | 111x | as long as short |
| Bybit BZUSDT | −0.010% | 0.0000% | 8h | $10.5M | $16.6M | 100x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps BRENT-USD.Pshort | −0.010% | +0.0050% | 1h | $3.1M | $1.0M | 15x | |
| KuCoin BZUSDTM | −0.010% | +0.0100% | 4h | $3.8M | $943K | 50x | as long as short |
| Aftermath Perps BRENTUSD | 0.000% | +0.0053% | 1h | $6K | $49K | 5x | as long as short |
| Lighter BRENTOIL | 0.000% | +0.0032% | 1h | $3.2M | $4.1M | 20x | as long as short |
| Binance BZUSDTlong | 0.000% | 0.0000% | 4h | $144.4M | $461.2M | 100x | |
| Aster BZUSDT | +0.002% | 0.0000% | 4h | $330K | $1.6M | 50x | as long as short |
| Bitget BZUSDT | +0.010% | 0.0000% | 4h | $27.7M | $23.0M | 100x | as long as short |
| Extended XBR-USD | +0.012% | +0.0032% | 1h | $682K | $5.2M | 10x | as long as short |
| SunX BRENTOIL-USDT | +0.021% | 0.0000% | 4h | $4K | $2.6M | 20x | as long as short |
| BloFin BZ-USDT | +0.021% | +0.0017% | 4h | $1.5M | $82K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.021% | +0.0085% | 1h | $81K | $306K | 20x | as long as short |
| RISEx BZ/USDC | +0.021% | 0.0000% | 1h | $2.1M | $1.2M | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.021% | +0.0048% | 8h | $3K | $473 | 5x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.031% | 0.0000% | 1h | $103K | $280K | 15x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.042% | +0.0050% | 1h | $148.6M | $142.1M | 20x | as long as short |
| ApeX Omni BZUSDT | +0.042% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.052% | +0.0008% | 1h | $33K | — | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.060% | +0.0050% | 1h | $1.5M | $550K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.743% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.211% | +0.0046% | 1h | — | $617K | 10x | as long as short |
Binance BZUSDT
Injective
Coinbase International
Phemex
Variational Omni
Gate
HTX
OKX
GMX
Bybit
KuCoin
Lighter
Aster
Bitget
Extended
SunX
BloFin
Kraken Futures
RISEx
Paradex
Deribit
tradeXYZ
ApeX Omni
Polymarket Perps
gTrade (Gains Network)