Spread before costs (cost unknown: a leg has no order-book sample)+0.052%
7d average+0.061%if it closes, per $10,000$5funding while held, a day+$2.23
| 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 | 29m 02s | $266K | $713K | 15x |
| Short | Ondo Perps BRENT-USD.P | 95.530 | 0.0050 | get 0.0006% / 1h | 29m 02s | $3.0M | $1.0M | 15x |
Coinbase International BRENTOIL-PERP-INTX
Ondo Perps BRENT-USD.PPrice 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
- $5.24
- Funding while held
- $2.23
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$7.53
- Spread needed to break even
- 0.150%
Slippage unknown: Coinbase International: live order book, 11 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0074%
- Per $10,000 a day
- +$2.23
- 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, 11 min ago | 2.09 bp | 8.1 bp −$8 | 10.0 bp −$100 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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%
Injective
Variational OmniCoinbase International95.480+0.722%
HTX95.480+0.722%ApeX Omni95.500+0.743%edgeX95.507+0.750%Aftermath Perps95.516+0.760%
HTX
ApeX OmniOndo Perps95.530+0.774%
KuCoin95.530+0.774%Gate95.540+0.785%Aster95.544+0.789%GMX95.555+0.801%Bybit95.560+0.806%OKX95.560+0.806%Paradex95.563+0.810%Kraken Futures95.565+0.811%Lighter95.570+0.816%Bitget95.570+0.816%BloFin95.570+0.816%SunX95.580+0.827%Deribit95.580+0.827%Hotstuff95.590+0.838%Extended95.592+0.840%Binance95.594+0.842%Polymarket Perps95.597+0.845%tradeXYZ95.618+0.867%RISEx95.622+0.871%Phemex95.690+0.943%gTrade (Gains Network)96.265+1.550%Vest99.570+5.036%
KuCoin
Gate
Aster
GMX
Bybit
OKX
Paradex
Kraken Futures
Lighter
Bitget
BloFin
SunX
Deribit
Hotstuff
Extended
Binance
Polymarket Perps
tradeXYZ
RISEx
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 | −0.716% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Variational Omni BZ | −0.010% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| Coinbase International BRENTOIL-PERP-INTXlong | 0.000% | −0.0024% | 1h | $266K | $713K | 15x | |
| HTX BRENTOIL-USDT | 0.000% | 0.0000% | 4h | $282K | $126K | 75x | as long as short |
| ApeX Omni BZUSDT | +0.021% | +0.0100% | 1h | $25K | $270K | 50x | as long as short |
| edgeX BZUSDC | +0.028% | +0.0012% | 4h | $218K | $236K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.038% | −0.0007% | 1h | $6K | $49K | 5x | as long as short |
| Ondo Perps BRENT-USD.Pshort | +0.052% | +0.0050% | 1h | $3.0M | $1.0M | 15x | |
| KuCoin BZUSDTM | +0.052% | +0.0100% | 4h | $3.7M | $926K | 50x | as long as short |
| Gate BZ_USDT | +0.063% | 0.0000% | 8h | $9.2M | $18.4M | 100x | as long as short |