Spread before costs (cost unknown: a leg has no order-book sample)−9.938%
7d average—if it closes, per $10,000$994funding while held, a day−$6.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BZUSDT | 96.170 | 0 | get 0.0000% / 4h | 1h 24m | $27.7M | $23.1M | 100x |
| Short | Injective BRENT/USDC PERP | 86.613 | −0.0220 | pay 0.0028% / 1h | 24m 10s | $9K | $4K | 30x |
Bitget 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
- −$993.76
- Funding while held
- −$6.6
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,012.38
- Spread needed to break even
- 0.120%
Slippage unknown: Bitget: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0220%
- Per $10,000 a day
- −$6.60
- 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, 1 min ago | 0.52 bp | 7.6 bp −$8 | 9.7 bp −$97 | 25.7 bp −$2,569 | 61.2 bp −$30.6K |
| 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.Injective86.613cheapest
HTX95.970+10.803%Ondo Perps96.020+10.861%Variational Omni96.049+10.895%BloFin96.060+10.907%KuCoin96.090+10.942%Gate96.100+10.953%GMX96.135+10.994%Binance96.137+10.996%Bybit96.140+11.000%OKX96.140+11.000%Phemex96.140+11.000%Hotstuff96.150+11.011%RISEx96.155+11.017%Kraken Futures96.167+11.031%Lighter96.170+11.034%
HTX
Ondo Perps
Variational Omni
BloFin
KuCoin
Gate
GMX
Binance
Bybit
OKX
Phemex
Hotstuff
RISEx
Kraken Futures
LighterBitget96.170+11.034%
Deribit96.170+11.034%Paradex96.173+11.037%Aftermath Perps96.174+11.039%SunX96.180+11.046%Coinbase International96.180+11.046%Extended96.187+11.054%Aster96.190+11.057%tradeXYZ96.193+11.061%Polymarket Perps96.198+11.066%ApeX Omni96.230+11.103%edgeX96.242+11.117%gTrade (Gains Network)96.889+11.864%Vest100.24+15.733%
Deribit
Paradex
SunX
Coinbase International
Extended
Aster
tradeXYZ
Polymarket Perps
ApeX Omni
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 | −9.938% | −0.0220% | 1h | $9K | $4K | 30x | |
| HTX BRENTOIL-USDT | −0.208% | 0.0000% | 4h | $283K | $162K | 75x | as long as short |
| Ondo Perps BRENT-USD.P | −0.156% | +0.0050% | 1h | $3.1M | $1.1M | 15x | as long as short |
| Variational Omni BZ | −0.125% | 0.0000% | 4h | $9.5M | $11.8M | — | as long as short |
| BloFin BZ-USDT | −0.114% | −0.0047% | 4h | $1.5M | $83K | 50x | as long as short |
| KuCoin BZUSDTM | −0.083% | +0.0100% | 4h | $3.8M | $946K | 50x | as long as short |
| Gate BZ_USDT | −0.073% | 0.0000% | 8h | $9.2M | $18.7M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.036% | L +0.0013% / S +0.0048% | 1h | $35K | — | 111x | as long as short |
| Binance BZUSDT | −0.034% | 0.0000% | 4h | $144.4M | $465.3M | 100x | as long as short |
| Bybit BZUSDT | −0.031% | 0.0000% | 8h | $10.4M | $16.6M | 100x | as long as short |