Spread before costs (cost unknown: a leg has no order-book sample)−0.055%
7d average—if it closes, per $10,000$6funding while held, a day+$0.82
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BZUSDT | 95.890 | 0 | get 0.0000% / 4h | 2h 18m | $27.7M | $22.6M | 100x |
| Short | Aftermath Perps BRENTUSD | 95.837 | 0.0027 | get 0.0003% / 1h | 18m 04s | $6K | $49K | 5x |
Bitget 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
- −$5.55
- Funding while held
- $0.82
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$25.73
- Spread needed to break even
- 0.210%
Slippage unknown: Bitget: live order book, 2 min ago; Aftermath Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0027%
- Per $10,000 a day
- +$0.82
- 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 Bitget live order book, 2 min ago | 1.04 bp | 7.6 bp −$8 | 9.9 bp −$99 | 24.4 bp −$2,440 | 51.7 bp −$25.9K |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath 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.Injective94.796cheapestCoinbase International95.660+0.911%HTX95.750+1.006%BloFin95.840+1.101%edgeX95.843+1.104%Ondo Perps95.850+1.112%Gate95.860+1.122%ApeX Omni95.860+1.122%Variational Omni95.863+1.126%Bybit95.880+1.144%OKX95.880+1.144%KuCoin95.880+1.144%
Injective
Coinbase International
HTX
BloFin
Ondo Perps
Gate
ApeX Omni
Variational Omni
Bybit
OKX
KuCoinBitget95.890+1.154%
Paradex95.892+1.156%GMX95.895+1.159%Binance95.900+1.165%Hotstuff95.900+1.165%Kraken Futures95.900+1.165%Aster95.919+1.185%SunX95.920+1.186%Lighter95.930+1.196%Extended95.939+1.205%Deribit95.940+1.207%tradeXYZ95.949+1.216%RISEx95.951+1.219%Polymarket Perps95.960+1.228%Phemex96.130+1.407%gTrade (Gains Network)96.634+1.939%Vest99.930+5.416%
Paradex
GMX
Binance
Hotstuff
Kraken Futures
Aster
SunX
Lighter
Extended
Deribit
tradeXYZ
RISEx
Polymarket Perps
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 PERP | −1.141% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.240% | −0.0024% | 1h | $250K | $779K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.146% | 0.0000% | 4h | $283K | $124K | 75x | as long as short |
| Aftermath Perps BRENTUSDshort | −0.055% | +0.0027% | 1h | $6K | $49K | 5x | |
| BloFin BZ-USDT | −0.052% | −0.0029% | 4h | $1.5M | $81K | 50x | as long as short |
| edgeX BZUSDC | −0.049% | +0.0010% | 4h | $219K | $235K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | −0.042% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| Gate BZ_USDT | −0.031% | 0.0000% | 8h | $9.2M | $18.5M | 100x | as long as short |
| ApeX Omni BZUSDT | −0.031% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Variational Omni BZ | −0.028% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit BZUSDT | −0.010% | 0.0000% | 8h | $10.4M | $16.5M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.010% | 0.0000% | 4h | $15.8M | $31.3M | 50x | as long as short |
| KuCoin BZUSDTM | −0.010% | +0.0100% | 4h | $3.8M | $927K | 50x | as long as short |
| Bitget BZUSDTlong | 0.000% | 0.0000% | 4h | $27.7M | $22.6M | 100x | |
| Paradex BZ-USD-PERP | +0.002% | +0.0046% | 8h | $3K | $473 | 5x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | +0.005% | L +0.0016% / S +0.0045% | 1h | $35K | — | 111x | as long as short |
| Binance BZUSDT | +0.010% | 0.0000% | 4h | $144.1M | $457.5M | 100x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.010% | −0.0040% | 1h | $33K | — | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.011% | −0.0323% | 1h | $82K | $301K | 20x | as long as short |
| Aster BZUSDT | +0.030% | 0.0000% | 4h | $333K | $1.6M | 50x | as long as short |
| SunX BRENTOIL-USDT | +0.031% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Lighter BRENTOIL | +0.042% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |
| Extended XBR-USD | +0.051% | +0.0032% | 1h | $678K | $5.2M | 10x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.052% | 0.0000% | 1h | $103K | $281K | 15x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.062% | +0.0050% | 1h | $148.4M | $141.7M | 20x | as long as short |
| RISEx BZ/USDC | +0.064% | 0.0000% | 1h | $2.1M | $1.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.073% | +0.0050% | 1h | $1.5M | $549K | 20x | as long as short |
| Phemex XBRUSDT | +0.250% | 0.0000% | 4h | $1.2M | $98K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.776% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.213% | +0.0046% | 1h | — | $605K | 10x | as long as short |