After costs, if the gap returns to its 7d average, $10k−$10
spread now+0.115%7d average+0.072%fees + slippage, in and out−$14spread needed0.141%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BZ-USDT | 95.570 | −0.0046 | get 0.0023% / 4h | 2h 27m | $1.5M | $81K | 50x |
| Short | Lighter BRENTOIL | 95.680 | 0.0032 | get 0.0004% / 1h | 27m 32s | $3.2M | $4.2M | 20x |
BloFin BZ-USDT
Lighter BRENTOILPrice 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
- $11.51
- Funding while held
- $2.33
- Slippage, 4 orders
- −$2.09
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.26
- Spread needed to break even
- 0.141%
Slippage from BloFin: live order book, 2 min ago; Lighter: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0078%
- Per $10,000 a day
- +$2.33
- 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, 2 min ago | 0.52 bp | 6.5 bp −$7 | 8.7 bp −$87 | 17.6 bp −$1,763 | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.52 bp | 0.5 bp −$1 | 2.3 bp −$23 | 11.7 bp −$1,172 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective94.796cheapestVariational Omni95.470+0.711%edgeX95.560+0.806%
Injective
Variational OmniBloFin95.570+0.816%
ApeX Omni95.580+0.827%Aftermath Perps95.585+0.832%Hotstuff95.620+0.869%Gate95.640+0.890%GMX95.655+0.906%KuCoin95.660+0.911%Coinbase International95.660+0.911%
ApeX Omni
Hotstuff
Gate
GMX
KuCoin
Coinbase InternationalLighter95.680+0.933%
Bybit95.680+0.933%OKX95.680+0.933%Ondo Perps95.690+0.943%Paradex95.690+0.943%Binance95.700+0.954%Bitget95.700+0.954%Extended95.701+0.955%Aster95.701+0.955%SunX95.710+0.964%Kraken Futures95.712+0.966%Deribit95.730+0.985%HTX95.730+0.985%tradeXYZ95.743+0.999%RISEx95.748+1.004%Polymarket Perps95.753+1.010%Phemex95.800+1.059%gTrade (Gains Network)96.361+1.650%Vest99.700+5.173%
Bybit
OKX
Ondo Perps
Paradex
Binance
Bitget
Extended
Aster
SunX
Kraken Futures
Deribit
HTX
tradeXYZ
RISEx
Polymarket Perps
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 | −0.810% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Variational Omni BZ | −0.104% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| edgeX BZUSDC | −0.011% | +0.0004% | 4h | $219K | $234K | 20x | as long as short |
| BloFin BZ-USDTlong | 0.000% | −0.0046% | 4h | $1.5M | $81K | 50x | |
| ApeX Omni BZUSDT | +0.010% | +0.0100% | 1h | $25K | $270K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.016% | −0.0004% | 1h | $6K | $49K | 5x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.052% | +0.0048% | 1h | $33K | — | 20x | as long as short |
| Gate BZ_USDT | +0.073% | 0.0000% | 8h | $9.2M | $18.5M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | +0.089% | L +0.0017% / S +0.0045% | 1h | $35K | — | 111x | as long as short |
| KuCoin BZUSDTM | +0.094% | +0.0100% | 4h | $3.7M | $926K | 50x | as long as short |