Spread before costs (cost unknown: a leg has no order-book sample)+0.073%
7d average0.000%if it closes, per $10,000$7funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BZUSDT | 95.310 | 0 | get 0.0000% / 8h | 7h 42m | $10.6M | $16.0M | 100x |
| Short | Variational Omni BZ | 95.379 | 0 | get 0.0000% / 4h | 3h 42m | $9.4M | $11.8M | — |
Bybit BZUSDT
Variational Omni BZPrice 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
- $7.27
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$3.73
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Bybit live order book, 2 min ago | 0.52 bp | 6.0 bp −$6 | 11.1 bp −$111 | 85.3 bp −$8,527 | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 2.63 bp | doesn't fit | 4.1 bp −$41 | 13.2 bp −$1,318 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Gate95.290cheapestOndo Perps95.300+0.010%
Gate
Ondo PerpsBybit95.310+0.021%
Binance95.321+0.033%Aster95.335+0.047%edgeX95.338+0.051%Lighter95.340+0.052%OKX95.340+0.052%KuCoin95.340+0.052%Injective95.340+0.052%Kraken Futures95.345+0.057%GMX95.345+0.058%Bitget95.350+0.063%BloFin95.350+0.063%Paradex95.358+0.071%SunX95.360+0.073%Deribit95.360+0.073%Polymarket Perps95.362+0.076%Hotstuff95.370+0.084%RISEx95.373+0.087%tradeXYZ95.379+0.093%
Binance
Aster
Lighter
OKX
KuCoin
Injective
Kraken Futures
GMX
Bitget
BloFin
Paradex
SunX
Deribit
Polymarket Perps
Hotstuff
RISEx
tradeXYZVariational Omni95.379+0.094%
Extended95.387+0.102%ApeX Omni95.400+0.115%HTX95.410+0.126%Aftermath Perps95.463+0.181%Coinbase International95.480+0.199%gTrade (Gains Network)96.085+0.835%Phemex96.170+0.923%Vest99.420+4.334%
Extended
ApeX Omni
HTX
Coinbase International
gTrade (Gains Network)
Phemex
VestBZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate BZ_USDT | −0.021% | 0.0000% | 8h | $9.1M | $18.0M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | −0.010% | +0.0050% | 1h | $3.0M | $992K | 15x | as long as short |
| Bybit BZUSDTlong | 0.000% | 0.0000% | 8h | $10.6M | $16.0M | 100x | |
| Binance BZUSDT | +0.012% | 0.0000% | 4h | $145.1M | $441.3M | 100x | as long as short |
| Aster BZUSDT | +0.026% | 0.0000% | 4h | $347K | $1.6M | 50x | as long as short |
| edgeX BZUSDC | +0.030% | +0.0019% | 4h | $218K | $237K | 20x | as long as short |
| Lighter BRENTOIL | +0.031% | +0.0032% | 1h | $3.2M | $4.0M | 20x | as long as short |
| OKX BZ-USDT-SWAP | +0.031% | 0.0000% | 4h | $16.0M | $30.6M | 50x | as long as short |
| KuCoin BZUSDTM | +0.031% | +0.0100% | 4h | $3.7M | $925K | 50x | as long as short |
| Injective BRENT/USDC PERP | +0.031% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |