Spread before costs (cost unknown: a leg has no order-book sample)−1.045%
7d average—if it closes, per $10,000$105funding while held, a day−$5.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BRENTOIL-PERP-INTX | 95.480 | −0.0024 | get 0.0003% / 1h | 51m 34s | $266K | $713K | 15x |
| Short | Injective BRENT/USDC PERP | 94.482 | −0.0220 | pay 0.0028% / 1h | 51m 34s | $10K | $4K | 30x |
Coinbase International BRENTOIL-PERP-INTX
Injective BRENT/USDC 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
- −$104.52
- Funding while held
- −$5.88
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$120.42
- Spread needed to break even
- 0.100%
Slippage unknown: Coinbase International: live order book, 53 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0196%
- Per $10,000 a day
- −$5.88
- 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, 53 min ago | 4.20 bp | 9.2 bp −$9 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.Injective94.482cheapest
Gate95.430+1.003%Bybit95.440+1.014%OKX95.440+1.014%Lighter95.460+1.035%Binance95.460+1.035%Bitget95.460+1.035%BloFin95.460+1.035%Paradex95.464+1.039%edgeX95.469+1.044%KuCoin95.470+1.046%GMX95.475+1.051%SunX95.480+1.056%
Gate
Bybit
OKX
Lighter
Binance
Bitget
BloFin
Paradex
KuCoin
GMX
SunXCoinbase International95.480+1.056%
HTX95.480+1.056%tradeXYZ95.486+1.063%Ondo Perps95.490+1.067%Aftermath Perps95.492+1.069%Aster95.500+1.077%Deribit95.500+1.077%Extended95.508+1.086%Kraken Futures95.518+1.097%RISEx95.519+1.097%Hotstuff95.520+1.099%Polymarket Perps95.528+1.107%Variational Omni95.529+1.108%ApeX Omni95.540+1.120%Phemex95.690+1.279%gTrade (Gains Network)96.206+1.825%Vest99.490+5.300%
HTX
tradeXYZ
Ondo Perps
Aster
Deribit
Extended
Kraken Futures
RISEx
Hotstuff
Polymarket Perps
Variational Omni
ApeX Omni
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 PERPshort | −1.045% | −0.0220% | 1h | $10K | $4K | 30x | |
| Gate BZ_USDT | −0.052% | 0.0000% | 8h | $9.2M | $18.4M | 100x | as long as short |
| Bybit BZUSDT | −0.042% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.042% | 0.0000% | 4h | $15.8M | $31.0M | 50x | as long as short |
| Lighter BRENTOIL | −0.021% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |
| Binance BZUSDT | −0.021% | −0.0010% | 4h | $144.9M | $452.2M | 100x | as long as short |
| Bitget BZUSDT | −0.021% | 0.0000% | 4h | $27.6M | $22.4M | 100x | as long as short |
| BloFin BZ-USDT | −0.021% | −0.0012% | 4h | $1.5M | $80K | 50x | as long as short |
| Paradex BZ-USD-PERP | −0.017% | +0.0041% | 8h | $3K | $282 | 5x | as long as short |
| edgeX BZUSDC | −0.012% | −0.0003% | 4h | $218K | $235K | 20x | as long as short |