After costs, if the gap returns to its 7d average, $10k−$51
spread now+0.033%7d average+0.013%fees + slippage, in and out−$53spread needed0.532%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BZ-USDT | 95.300 | 0.0045 | pay 0.0022% / 4h | 3h 11m | $1.5M | $79K | 50x |
| Short | Kraken Futures PF_BRENTOILUSD | 95.331 | −0.0215 | pay 0.0027% / 1h | 11m 21s | $80K | $339K | 20x |
BloFin BZ-USDT
Kraken Futures PF_BRENTOILUSDPrice 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
- $3.27
- Funding while held
- −$7.78
- Slippage, 4 orders
- −$31.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$57.72
- Spread needed to break even
- 0.532%
Slippage from BloFin: live order book, 3 min ago; Kraken Futures: live order book, 33 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0259%
- Per $10,000 a day
- −$7.78
- 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 BloFin live order book, 3 min ago | 2.10 bp | 8.7 bp −$9 | 13.3 bp −$133 | 24.6 bp −$2,464 | doesn't fit |
| Sell Kraken Futures live order book, 33 min ago | 4.35 bp | 23.0 bp −$23 | 39.5 bp −$395 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective85.735cheapest
Variational Omni95.180+11.017%HTX95.230+11.075%Gate95.270+11.121%ApeX Omni95.270+11.121%Ondo Perps95.280+11.133%OKX95.290+11.145%Bybit95.300+11.156%Hotstuff95.300+11.156%Bitget95.300+11.156%
Injective
Variational Omni
HTX
Gate
ApeX Omni
Ondo Perps
OKX
Bybit
Hotstuff
BitgetBloFin95.300+11.156%
GMX95.305+11.162%Aster95.306+11.164%Aftermath Perps95.307+11.165%Lighter95.310+11.168%KuCoin95.310+11.168%SunX95.310+11.168%edgeX95.310+11.168%Binance95.312+11.170%Paradex95.319+11.179%Deribit95.320+11.180%
GMX
Aster
Lighter
KuCoin
SunX
Binance
Paradex
DeribitKraken Futures95.331+11.193%
RISEx95.363+11.230%Extended95.364+11.231%tradeXYZ95.382+11.252%Polymarket Perps95.390+11.261%Phemex95.430+11.308%Coinbase International95.480+11.366%gTrade (Gains Network)96.030+12.008%Vest99.330+15.857%
RISEx
Extended
tradeXYZ
Polymarket Perps
Phemex
Coinbase International
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 | −10.037% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Variational Omni BZ | −0.126% | 0.0000% | 4h | $9.5M | $12.2M | — | as long as short |
| HTX BRENTOIL-USDT | −0.073% | 0.0000% | 4h | $281K | $140K | 75x | as long as short |
| Gate BZ_USDT | −0.031% | 0.0000% | 8h | $9.2M | $18.4M | 100x | as long as short |
| ApeX Omni BZUSDT | −0.031% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Ondo Perps BRENT-USD.P | −0.021% | +0.0040% | 1h | $3.0M | $1.0M | 15x | as long as short |
| OKX BZ-USDT-SWAP | −0.010% | 0.0000% | 4h | $15.8M | $31.2M | 50x | as long as short |
| Bybit BZUSDT | 0.000% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| Hotstuff BRENTOIL-PERP | 0.000% | −0.0216% | 1h | $33K | — | 20x | as long as short |
| Bitget BZUSDT | 0.000% | 0.0000% | 4h | $27.6M | $22.3M | 100x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin BZ-USDTlong | 0.000% | +0.0045% | 4h | $1.5M | $79K | 50x | |
| GMX BRENTOIL/USD [ETH-USDC] | +0.005% | L +0.0021% / S +0.0062% | 1h | $40K | — | 111x | as long as short |
| Aster BZUSDT | +0.007% | 0.0000% | 4h | $340K | $1.6M | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.008% | −0.0055% | 1h | $6K | $49K | 5x | as long as short |
| Lighter BRENTOIL | +0.010% | +0.0032% | 1h | $3.2M | $4.1M | 20x | as long as short |
| KuCoin BZUSDTM | +0.010% | +0.0100% | 4h | $3.7M | $927K | 50x | as long as short |
| SunX BRENTOIL-USDT | +0.010% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| edgeX BZUSDC | +0.011% | −0.0001% | 4h | $218K | $234K | 20x | as long as short |
| Binance BZUSDT | +0.012% | 0.0000% | 4h | $144.9M | $449.8M | 100x | as long as short |
| Paradex BZ-USD-PERP | +0.020% | +0.0041% | 8h | $3K | $282 | 5x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.021% | 0.0000% | 1h | $102K | $276K | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSDshort | +0.033% | −0.0215% | 1h | $80K | $339K | 20x | |
| RISEx BZ/USDC | +0.067% | −0.0024% | 1h | $2.1M | $1.0M | 20x | as long as short |
| Extended XBR-USD | +0.067% | +0.0032% | 1h | $667K | $5.2M | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.086% | +0.0050% | 1h | $134.6M | $135.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.094% | +0.0050% | 1h | $1.5M | $548K | 20x | as long as short |
| Phemex XBRUSDT | +0.136% | 0.0000% | 4h | $1.2M | $92K | 100x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | +0.189% | −0.0048% | 1h | $266K | $713K | 15x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.766% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.229% | +0.0046% | 1h | — | $593K | 10x | as long as short |