Spread before costs (cost unknown: a leg has no order-book sample)+0.021%
7d average—if it closes, per $10,000$2funding while held, a day+$1.43
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BZUSDT | 96.110 | 0 | get 0.0000% / 4h | 1h 51m | $27.7M | $22.9M | 100x |
| Short | Paradex BZ-USD-PERP | 96.131 | 0.0048 | get 0.0048% / 8h | 5h 51m | $3K | $473 | 5x |
Bitget BZUSDT
Paradex BZ-USD-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
- $2.15
- Funding while held
- $1.43
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$12.42
- Spread needed to break even
- 0.160%
Slippage unknown: Bitget: live order book, 4 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0048%
- Per $10,000 a day
- +$1.43
- 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, 4 min ago | 0.52 bp | 7.7 bp −$8 | 10.2 bp −$102 | 19.4 bp −$1,943 | 56.0 bp −$28.0K |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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.Injective86.379cheapest
HTX95.880+10.999%Coinbase International95.950+11.080%Variational Omni95.961+11.093%KuCoin96.010+11.150%ApeX Omni96.030+11.173%edgeX96.048+11.194%Gate96.050+11.196%Aftermath Perps96.064+11.212%OKX96.070+11.219%Ondo Perps96.070+11.219%GMX96.075+11.225%Bybit96.080+11.231%BloFin96.080+11.231%Aster96.089+11.242%Binance96.090+11.242%Lighter96.100+11.254%Hotstuff96.110+11.265%
Injective
HTX
Coinbase International
Variational Omni
KuCoin
ApeX Omni
Gate
OKX
Ondo Perps
GMX
Bybit
BloFin
Aster
Binance
Lighter
HotstuffBitget96.110+11.265%
Deribit96.110+11.265%Extended96.117+11.274%RISEx96.127+11.285%
Deribit
Extended
RISExParadex96.131+11.289%
tradeXYZ96.138+11.298%SunX96.140+11.300%Phemex96.140+11.300%Polymarket Perps96.146+11.307%Kraken Futures96.152+11.315%gTrade (Gains Network)96.818+12.085%Vest100.14+15.931%
tradeXYZ
SunX
Phemex
Polymarket Perps
Kraken Futures
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 | −10.125% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.239% | 0.0000% | 4h | $283K | $162K | 75x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.166% | −0.0040% | 1h | $231K | $855K | 15x | as long as short |
| Variational Omni BZ | −0.155% | 0.0000% | 4h | $9.5M | $12.3M | — | as long as short |
| KuCoin BZUSDTM | −0.104% | +0.0100% | 4h | $3.8M | $940K | 50x | as long as short |
| ApeX Omni BZUSDT | −0.083% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| edgeX BZUSDC | −0.065% | +0.0016% | 4h | $220K | $235K | 20x | as long as short |
| Gate BZ_USDT | −0.062% | 0.0000% | 8h | $9.2M | $18.5M | 100x | as long as short |
| Aftermath Perps BRENTUSD | −0.048% | +0.0051% | 1h | $6K | $49K | 5x | as long as short |
| OKX BZ-USDT-SWAP | −0.042% | 0.0000% | 4h | $15.9M | $30.0M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps BRENT-USD.P | −0.042% | +0.0050% | 1h | $3.1M | $1.0M | 15x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.036% | L +0.0014% / S +0.0047% | 1h | $35K | — | 111x | as long as short |
| Bybit BZUSDT | −0.031% | 0.0000% | 8h | $10.5M | $16.6M | 100x | as long as short |
| BloFin BZ-USDT | −0.031% | +0.0058% | 4h | $1.5M | $82K | 50x | as long as short |
| Aster BZUSDT | −0.022% | 0.0000% | 4h | $330K | $1.6M | 50x | as long as short |
| Binance BZUSDT | −0.021% | 0.0000% | 4h | $144.2M | $460.9M | 100x | as long as short |
| Lighter BRENTOIL | −0.010% | +0.0032% | 1h | $3.2M | $4.1M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | 0.000% | +0.0016% | 1h | $33K | — | 20x | as long as short |
| Bitget BZUSDTlong | 0.000% | 0.0000% | 4h | $27.7M | $22.9M | 100x | |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.000% | −0.0062% | 1h | $103K | $280K | 15x | as long as short |
| Extended XBR-USD | +0.007% | +0.0032% | 1h | $678K | $5.2M | 10x | as long as short |
| RISEx BZ/USDC | +0.018% | 0.0000% | 1h | $2.1M | $1.2M | 20x | as long as short |
| Paradex BZ-USD-PERPshort | +0.021% | +0.0048% | 8h | $3K | $473 | 5x | |
| tradeXYZ xyz:BRENTOIL | +0.029% | +0.0050% | 1h | $148.4M | $142.0M | 20x | as long as short |
| SunX BRENTOIL-USDT | +0.031% | 0.0000% | 4h | $4K | $2.6M | 20x | as long as short |
| Phemex XBRUSDT | +0.031% | 0.0000% | 4h | $1.2M | $101K | 100x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.037% | +0.0050% | 1h | $1.5M | $550K | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.044% | +0.0085% | 1h | $82K | $303K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.737% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.193% | +0.0046% | 1h | — | $617K | 10x | as long as short |