Spread before costs (cost unknown: a leg has no order-book sample)+0.031%
7d average—if it closes, per $10,000$3funding while held, a day−$4.56
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BZUSDT | 96.060 | 0 | get 0.0000% / 4h | 3m 15s | $28.1M | $21.0M | 100x |
| Short | Hotstuff BRENTOIL-PERP | 96.090 | −0.0152 | pay 0.0019% / 1h | 3m 15s | $33K | — | 20x |
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
- $3.12
- Funding while held
- −$4.56
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$18.44
- Spread needed to break even
- 0.170%
Slippage unknown: Bitget: live order book, 2 min ago; Hotstuff: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0152%
- Per $10,000 a day
- −$4.56
- 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 | 10.9 bp −$109 | 29.6 bp −$2,963 | 67.9 bp −$33.9K |
| 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.BZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni BZUSDT | −0.208% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| HTX BRENTOIL-USDT | −0.156% | 0.0000% | 4h | $285K | $123K | 75x | as long as short |
| edgeX BZUSDC | −0.125% | +0.0007% | 4h | $219K | $236K | 20x | as long as short |
| Variational Omni BZ | −0.114% | 0.0000% | 4h | $9.4M | $12.0M | — | as long as short |
| Gate BZ_USDT | −0.042% | 0.0000% | 8h | $9.2M | $17.8M | 100x | as long as short |
| Aftermath Perps BRENTUSD | −0.041% | −0.0027% | 1h | $7K | $50K | 5x | as long as short |
| Ondo Perps BRENT-USD.P | −0.031% | +0.0010% | 1h | $3.0M | $983K | 15x | as long as short |
| OKX BZ-USDT-SWAP | −0.010% | 0.0000% | 4h | $16.1M | $30.4M | 50x | as long as short |
| RISEx BZ/USDC | −0.001% | −0.0048% | 1h | $2.1M | $870K | 20x | as long as short |
| Bybit BZUSDT | 0.000% | 0.0000% | 8h | $10.6M | $15.6M | 100x | as long as short |
Bitget BZUSDT
ApeX Omni
HTX
Variational Omni
Gate
OKX
RISEx
Bybit
BloFin
Binance
GMX
Aster
Paradex
Lighter
KuCoin
Injective
SunX
Deribit
Kraken Futures
Polymarket Perps
Coinbase International
tradeXYZ
Extended
Phemex
gTrade (Gains Network)