After costs, if the gap returns to its 7d average, $10k−$27
spread now−0.010%7d average−0.003%fees + slippage, in and out−$26spread needed0.263%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BZUSDT | 96.800 | 0 | get 0.0000% / 4h | 2h 33m | $28.8M | $18.1M | 100x |
| Short | Binance BZUSDT | 96.790 | −0.0057 | pay 0.0028% / 4h | 2h 33m | $149.4M | $365.5M | 100x |
Bitget BZUSDT
Binance 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
- −$1.03
- Funding while held
- −$1.71
- Slippage, 4 orders
- −$4.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$29.01
- Spread needed to break even
- 0.263%
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0057%
- Per $10,000 a day
- −$1.71
- 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 | 0.52 bp | 8.1 bp −$8 | 10.6 bp −$106 | 31.5 bp −$3,155 | 77.1 bp −$38.5K |
| Sell Binance live order book, 12 min ago | 0.52 bp | 5.5 bp −$6 | 5.9 bp −$59 | 11.6 bp −$1,157 | 54.9 bp −$27.4K |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective95.910cheapestVariational Omni96.495+0.610%Coinbase International96.560+0.678%edgeX96.579+0.697%Paradex96.583+0.701%RISEx96.613+0.733%ApeX Omni96.620+0.740%HTX96.630+0.751%Aftermath Perps96.668+0.790%Ondo Perps96.670+0.792%GMX96.735+0.860%Gate96.760+0.886%Deribit96.770+0.897%Polymarket Perps96.777+0.904%Bybit96.780+0.907%Kraken Futures96.782+0.909%
Injective
Variational Omni
Coinbase International
Paradex
RISEx
ApeX Omni
HTX
Ondo Perps
GMX
Gate
Deribit
Polymarket Perps
Bybit
Kraken FuturesBinance96.790+0.918%
Aster96.797+0.925%Hotstuff96.800+0.928%
Aster
HotstuffBitget96.800+0.928%
tradeXYZ96.810+0.938%Lighter96.810+0.938%OKX96.810+0.938%SunX96.820+0.949%Extended96.822+0.951%KuCoin96.830+0.959%BloFin96.840+0.970%Phemex97.000+1.136%gTrade (Gains Network)97.465+1.622%Vest100.23+4.504%
tradeXYZ
Lighter
OKX
SunX
Extended
KuCoin
BloFin
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 | −0.919% | −0.0220% | 1h | $15K | $97 | 30x | as long as short |
| Variational Omni BZ | −0.315% | −0.0020% | 4h | $10.1M | $11.4M | — | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.248% | −0.0088% | 1h | $259K | $659K | 15x | as long as short |
| edgeX BZUSDC | −0.229% | −0.0052% | 4h | $221K | $237K | 20x | as long as short |
| Paradex BZ-USD-PERP | −0.224% | +0.0043% | 8h | $3K | $185 | 5x | as long as short |
| RISEx BZ/USDC | −0.193% | 0.0000% | 1h | $2.3M | $350K | 20x | as long as short |
| ApeX Omni BZUSDT | −0.186% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| HTX BRENTOIL-USDT | −0.176% | 0.0000% | 4h | $289K | $133K | 75x | as long as short |
| Aftermath Perps BRENTUSD | −0.136% | −0.0026% | 1h | $7K | $50K | 5x | as long as short |
| Ondo Perps BRENT-USD.P | −0.134% | +0.0050% | 1h | $3.1M | $972K | 15x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX BRENTOIL/USD [ETH-USDC] | −0.067% | L +0.0080% / S +0.0072% | 1h | $53K | — | 111x | as long as short |
| Gate BZ_USDT | −0.041% | 0.0000% | 8h | $9.3M | $16.1M | 100x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.031% | −0.0060% | 1h | $136K | $162K | 15x | as long as short |
| Polymarket Perps BRENTOIL-USD | −0.024% | +0.0050% | 1h | $1.6M | $500K | 20x | as long as short |
| Bybit BZUSDT | −0.021% | 0.0000% | 8h | $10.9M | $13.3M | 100x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.018% | −0.0138% | 1h | $175K | $347K | 20x | as long as short |
| Binance BZUSDTshort | −0.010% | −0.0057% | 4h | $149.4M | $365.5M | 100x | |
| Aster BZUSDT | −0.003% | −0.0062% | 4h | $339K | $1.5M | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | 0.000% | −0.0024% | 1h | $33K | — | 20x | as long as short |
| Bitget BZUSDTlong | 0.000% | 0.0000% | 4h | $28.8M | $18.1M | 100x | |
| tradeXYZ xyz:BRENTOIL | +0.010% | +0.0050% | 1h | $144.2M | $106.0M | 20x | as long as short |
| Lighter BRENTOIL | +0.010% | +0.0032% | 1h | $3.3M | $3.6M | 20x | as long as short |
| OKX BZ-USDT-SWAP | +0.010% | 0.0000% | 4h | $16.8M | $28.1M | 50x | as long as short |
| SunX BRENTOIL-USDT | +0.021% | 0.0000% | 4h | $4K | $2.2M | 20x | as long as short |
| Extended XBR-USD | +0.022% | +0.0032% | 1h | $704K | $4.7M | 10x | as long as short |
| KuCoin BZUSDTM | +0.031% | +0.0100% | 4h | $3.7M | $858K | 50x | as long as short |
| BloFin BZ-USDT | +0.041% | −0.0001% | 4h | $1.6M | $56K | 50x | as long as short |
| Phemex XBRUSDT | +0.207% | 0.0000% | 4h | $1.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.687% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +3.543% | −0.0142% | 1h | — | — | 10x | as long as short |