Spread before costs (cost unknown: a leg has no order-book sample)+0.732%
7d average—if it closes, per $10,000$73funding while held, a day+$1.05
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BRENTOIL-PERP-INTX | 95.660 | −0.0024 | get 0.0003% / 1h | 28m 14s | $250K | $715K | 15x |
| Short | gTrade (Gains Network) BRENT/USD | 96.361 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 28m 14s | — | — | — |
Coinbase International BRENTOIL-PERP-INTX
gTrade (Gains Network) BRENT/USDPrice 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
- $73.23
- Funding while held
- $1.05
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $54.28
- Spread needed to break even
- 0.200%
Slippage unknown: Coinbase International: live order book, 12 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0035%
- Per $10,000 a day
- +$1.05
- 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 Coinbase International live order book, 12 min ago | 2.09 bp | 8.1 bp −$8 | 10.0 bp −$100 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.Injective94.796cheapestVariational Omni95.470+0.711%ApeX Omni95.500+0.743%edgeX95.507+0.750%Aftermath Perps95.538+0.783%Ondo Perps95.570+0.816%BloFin95.570+0.816%Paradex95.594+0.842%Hotstuff95.620+0.869%Gate95.640+0.890%RISEx95.647+0.897%Bybit95.650+0.901%GMX95.655+0.906%OKX95.660+0.911%KuCoin95.660+0.911%
Injective
Variational Omni
ApeX Omni
Ondo Perps
BloFin
Paradex
Hotstuff
Gate
RISEx
Bybit
GMX
OKX
KuCoinCoinbase International95.660+0.911%
Bitget95.670+0.922%Binance95.687+0.940%Lighter95.690+0.943%Extended95.706+0.960%Aster95.709+0.964%SunX95.710+0.964%Kraken Futures95.712+0.966%tradeXYZ95.714+0.968%Deribit95.730+0.985%HTX95.730+0.985%Polymarket Perps95.740+0.996%Phemex95.800+1.059%
Bitget
Binance
Lighter
Extended
Aster
SunX
Kraken Futures
tradeXYZ
Deribit
HTX
Polymarket Perps
PhemexgTrade (Gains Network)96.361+1.650%
Vest99.670+5.142%
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 | −0.903% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Variational Omni BZ | −0.198% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| ApeX Omni BZUSDT | −0.167% | +0.0100% | 1h | $25K | $270K | 50x | as long as short |
| edgeX BZUSDC | −0.160% | +0.0012% | 4h | $218K | $236K | 20x | as long as short |
| Aftermath Perps BRENTUSD | −0.127% | −0.0007% | 1h | $6K | $49K | 5x | as long as short |
| Ondo Perps BRENT-USD.P | −0.094% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| BloFin BZ-USDT | −0.094% | −0.0046% | 4h | $1.5M | $81K | 50x | as long as short |
| Paradex BZ-USD-PERP | −0.069% | +0.0045% | 8h | $3K | $473 | 5x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.042% | +0.0048% | 1h | $33K | — | 20x | as long as short |
| Gate BZ_USDT | −0.021% | 0.0000% | 8h | $9.2M | $18.4M | 100x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| RISEx BZ/USDC | −0.014% | 0.0000% | 1h | $2.1M | $1.0M | 20x | as long as short |
| Bybit BZUSDT | −0.010% | 0.0000% | 8h | $10.4M | $16.5M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.005% | L +0.0017% / S +0.0045% | 1h | $35K | — | 111x | as long as short |
| OKX BZ-USDT-SWAP | 0.000% | 0.0000% | 4h | $15.8M | $31.1M | 50x | as long as short |
| KuCoin BZUSDTM | 0.000% | +0.0100% | 4h | $3.7M | $926K | 50x | as long as short |
| Coinbase International BRENTOIL-PERP-INTXlong | 0.000% | −0.0024% | 1h | $250K | $715K | 15x | |
| Bitget BZUSDT | +0.010% | 0.0000% | 4h | $27.7M | $22.6M | 100x | as long as short |
| Binance BZUSDT | +0.028% | 0.0000% | 4h | $144.6M | $455.6M | 100x | as long as short |
| Lighter BRENTOIL | +0.031% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |
| Extended XBR-USD | +0.048% | +0.0032% | 1h | $669K | $5.2M | 10x | as long as short |
| Aster BZUSDT | +0.052% | 0.0000% | 4h | $334K | $1.6M | 50x | as long as short |
| SunX BRENTOIL-USDT | +0.052% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.054% | −0.0323% | 1h | $82K | $301K | 20x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.056% | +0.0050% | 1h | $143.5M | $139.0M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.073% | 0.0000% | 1h | $102K | $281K | 15x | as long as short |
| HTX BRENTOIL-USDT | +0.073% | 0.0000% | 4h | $283K | $124K | 75x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.084% | +0.0050% | 1h | $1.5M | $549K | 20x | as long as short |
| Phemex XBRUSDT | +0.146% | 0.0000% | 4h | $1.2M | $98K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | +0.732% | L +0.0011% / S −0.0011% | 1h | — | — | — | |
| Vest BZ-PERP | +4.192% | +0.0046% | 1h | — | $593K | 10x | as long as short |