After costs, if the gap returns to its 7d average, $10k−$10
spread now+0.275%7d average+0.142%fees + slippage, in and out−$23spread needed0.229%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BRENTOIL-PERP-INTX | 96.180 | −0.0040 | get 0.0005% / 1h | 5m 30s | $230K | $839K | 15x |
| Short | RISEx BZ/USDC | 96.444 | 0 | get 0.0000% / 1h | 5m 30s | $2.1M | $1.2M | 20x |
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDCPrice 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
- $27.47
- Funding while held
- $1.2
- Slippage, 4 orders
- −$6.91
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $5.76
- Spread needed to break even
- 0.229%
Slippage from Coinbase International: live order book, 29 min ago; RISEx: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0040%
- Per $10,000 a day
- +$1.20
- 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, 29 min ago | 1.04 bp | 8.9 bp −$9 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 5 min ago | 0.78 bp | 4.2 bp −$4 | 8.6 bp −$86 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.610cheapest
InjectiveCoinbase International96.180+11.050%
HTX96.310+11.200%KuCoin96.360+11.257%Gate96.370+11.269%BloFin96.380+11.280%edgeX96.381+11.281%Ondo Perps96.390+11.292%Aster96.399+11.302%Variational Omni96.408+11.313%Phemex96.410+11.315%OKX96.420+11.327%GMX96.425+11.332%Bybit96.430+11.338%Aftermath Perps96.432+11.340%Binance96.439+11.348%Kraken Futures96.439+11.349%
HTX
KuCoin
Gate
BloFin
Ondo Perps
Aster
Variational Omni
Phemex
OKX
GMX
Bybit
Binance
Kraken FuturesRISEx96.444+11.355%
tradeXYZ96.445+11.356%ApeX Omni96.450+11.361%SunX96.450+11.361%Paradex96.451+11.362%Lighter96.460+11.373%Bitget96.460+11.373%Deribit96.470+11.384%Extended96.475+11.390%Polymarket Perps96.475+11.390%Hotstuff96.480+11.396%gTrade (Gains Network)97.172+12.195%Vest100.52+16.061%
tradeXYZ
ApeX Omni
SunX
Paradex
Lighter
Bitget
Deribit
Extended
Polymarket Perps
Hotstuff
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 | −9.950% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTXlong | 0.000% | −0.0040% | 1h | $230K | $839K | 15x | |
| HTX BRENTOIL-USDT | +0.135% | 0.0000% | 4h | $284K | $163K | 75x | as long as short |
| KuCoin BZUSDTM | +0.187% | +0.0100% | 4h | $3.8M | $950K | 50x | as long as short |
| Gate BZ_USDT | +0.198% | 0.0000% | 8h | $9.2M | $18.7M | 100x | as long as short |
| BloFin BZ-USDT | +0.208% | +0.0029% | 4h | $1.5M | $96K | 50x | as long as short |
| edgeX BZUSDC | +0.209% | +0.0008% | 4h | $220K | $235K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.218% | +0.0050% | 1h | $3.1M | $1.1M | 15x | as long as short |
| Aster BZUSDT | +0.228% | 0.0000% | 4h | $334K | $1.7M | 50x | as long as short |
| Variational Omni BZ | +0.237% | 0.0000% | 4h | $9.6M | $11.6M | — | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex XBRUSDT | +0.239% | 0.0000% | 4h | $1.2M | $100K | 100x | as long as short |
| OKX BZ-USDT-SWAP | +0.250% | 0.0000% | 4h | $15.9M | $30.3M | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | +0.255% | L +0.0012% / S +0.0049% | 1h | $35K | — | 111x | as long as short |
| Bybit BZUSDT | +0.260% | 0.0000% | 8h | $10.4M | $16.6M | 100x | as long as short |
| Aftermath Perps BRENTUSD | +0.262% | +0.0075% | 1h | $6K | $48K | 5x | as long as short |
| Binance BZUSDT | +0.269% | 0.0000% | 4h | $144.9M | $466.9M | 100x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.269% | +0.0085% | 1h | $81K | $293K | 20x | as long as short |
| RISEx BZ/USDCshort | +0.275% | 0.0000% | 1h | $2.1M | $1.2M | 20x | |
| tradeXYZ xyz:BRENTOIL | +0.276% | +0.0050% | 1h | $150.3M | $143.9M | 20x | as long as short |
| ApeX Omni BZUSDT | +0.281% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| SunX BRENTOIL-USDT | +0.281% | 0.0000% | 4h | $4K | $2.6M | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.281% | +0.0049% | 8h | $3K | $473 | 5x | as long as short |
| Lighter BRENTOIL | +0.291% | +0.0032% | 1h | $3.3M | $4.4M | 20x | as long as short |
| Bitget BZUSDT | +0.291% | 0.0000% | 4h | $27.8M | $23.0M | 100x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.302% | 0.0000% | 1h | $103K | $279K | 15x | as long as short |
| Extended XBR-USD | +0.306% | +0.0032% | 1h | $674K | $5.2M | 10x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.307% | +0.0050% | 1h | $1.5M | $550K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.312% | +0.0104% | 1h | $33K | — | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | +1.032% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.512% | +0.0046% | 1h | — | $653K | 10x | as long as short |