Spread before costs (cost unknown: a leg has no order-book sample)+0.052%
7d average+0.097%if it closes, per $10,000$5funding while held, a day+$0.72
| 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 | 55m 34s | $266K | $713K | 15x |
| Short | Variational Omni BZ | 95.529 | 0 | get 0.0000% / 4h | 2h 55m | $9.4M | $12.3M | — |
Coinbase International BRENTOIL-PERP-INTX
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
- $5.16
- Funding while held
- $0.72
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$4.12
- Spread needed to break even
- 0.100%
Slippage unknown: Coinbase International: live order book, 49 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0024%
- Per $10,000 a day
- +$0.72
- 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, 49 min ago | 4.20 bp | 9.2 bp −$9 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 2.63 bp | doesn't fit | 3.5 bp −$35 | 12.7 bp −$1,268 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective94.482cheapestAftermath Perps95.428+1.001%
InjectiveCoinbase International95.480+1.056%
HTX95.480+1.056%BloFin95.500+1.077%edgeX95.517+1.096%Aster95.520+1.099%KuCoin95.520+1.099%
HTX
BloFin
Aster
KuCoinVariational Omni95.529+1.108%
Bybit95.530+1.109%Gate95.540+1.120%Bitget95.540+1.120%ApeX Omni95.540+1.120%Ondo Perps95.550+1.130%Binance95.554+1.135%GMX95.555+1.136%Paradex95.559+1.140%tradeXYZ95.560+1.141%OKX95.560+1.141%Lighter95.570+1.152%SunX95.580+1.162%Deribit95.580+1.162%Hotstuff95.590+1.173%Kraken Futures95.603+1.186%Extended95.607+1.191%Polymarket Perps95.612+1.196%RISEx95.616+1.200%Phemex95.750+1.342%gTrade (Gains Network)96.278+1.901%Vest99.540+5.353%
Bybit
Gate
Bitget
ApeX Omni
Ondo Perps
Binance
GMX
Paradex
tradeXYZ
OKX
Lighter
SunX
Deribit
Hotstuff
Kraken Futures
Extended
Polymarket Perps
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 | −1.045% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Aftermath Perps BRENTUSD | −0.055% | −0.0055% | 1h | $6K | $49K | 5x | 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 | $134K | 75x | as long as short |
| BloFin BZ-USDT | +0.021% | −0.0057% | 4h | $1.5M | $80K | 50x | as long as short |
| edgeX BZUSDC | +0.039% | +0.0001% | 4h | $218K | $234K | 20x | as long as short |
| Aster BZUSDT | +0.042% | 0.0000% | 4h | $340K | $1.6M | 50x | as long as short |
| KuCoin BZUSDTM | +0.042% | +0.0100% | 4h | $3.7M | $927K | 50x | as long as short |
| Variational Omni BZshort | +0.052% | 0.0000% | 4h | $9.4M | $12.3M | — | |
| Bybit BZUSDT | +0.052% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |