Spread before costs (cost unknown: a leg has no order-book sample)−0.183%
7d average—if it closes, per $10,000$18funding while held, a day−$1.66
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BRENTOIL_USDC-PERPETUAL | 95.630 | 0 | get 0.0000% / 1h | 54m 57s | $102K | $282K | 15x |
| Short | Aftermath Perps BRENTUSD | 95.455 | −0.0055 | pay 0.0007% / 1h | 54m 57s | $6K | $49K | 5x |
Deribit BRENTOIL_USDC-PERPETUALPrice 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
- −$18.32
- Funding while held
- −$1.66
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$35.97
- Spread needed to break even
- 0.160%
Slippage unknown: Deribit: live order book, 30 min ago; Aftermath Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0055%
- Per $10,000 a day
- −$1.66
- 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 Deribit live order book, 30 min ago | 0.52 bp | 7.1 bp −$7 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath 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.Injective94.482cheapestCoinbase International95.480+1.056%HTX95.480+1.056%edgeX95.517+1.096%Gate95.520+1.099%Variational Omni95.529+1.108%Bybit95.530+1.109%Bitget95.540+1.120%ApeX Omni95.540+1.120%Ondo Perps95.550+1.130%SunX95.550+1.130%Paradex95.559+1.140%KuCoin95.560+1.141%Binance95.566+1.147%OKX95.570+1.152%BloFin95.570+1.152%Extended95.582+1.164%Lighter95.590+1.173%Hotstuff95.590+1.173%GMX95.595+1.178%Aster95.595+1.178%tradeXYZ95.600+1.183%Polymarket Perps95.602+1.185%RISEx95.616+1.200%Kraken Futures95.630+1.215%
Injective
Coinbase International
HTX
Gate
Variational Omni
Bybit
Bitget
ApeX Omni
Ondo Perps
SunX
Paradex
KuCoin
Binance
OKX
BloFin
Extended
Lighter
Hotstuff
GMX
Aster
tradeXYZ
Polymarket Perps
RISEx
Kraken FuturesDeribit95.630+1.215%
Phemex95.750+1.342%gTrade (Gains Network)96.322+1.947%Vest99.550+5.364%
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 | −1.200% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Aftermath Perps BRENTUSDshort | −0.183% | −0.0055% | 1h | $6K | $49K | 5x | |
| Coinbase International BRENTOIL-PERP-INTX | −0.157% | −0.0024% | 1h | $266K | $713K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.157% | 0.0000% | 4h | $282K | $134K | 75x | as long as short |
| edgeX BZUSDC | −0.118% | +0.0001% | 4h | $218K | $234K | 20x | as long as short |
| Gate BZ_USDT | −0.115% | 0.0000% | 8h | $9.2M | $18.4M | 100x | as long as short |
| Variational Omni BZ | −0.105% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| Bybit BZUSDT | −0.105% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| Bitget BZUSDT | −0.094% | 0.0000% | 4h | $27.6M | $22.4M | 100x | as long as short |
| ApeX Omni BZUSDT | −0.094% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps BRENT-USD.P | −0.084% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| SunX BRENTOIL-USDT | −0.084% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Paradex BZ-USD-PERP | −0.074% | +0.0040% | 8h | $3K | $282 | 5x | as long as short |
| KuCoin BZUSDTM | −0.073% | +0.0100% | 4h | $3.7M | $927K | 50x | as long as short |
| Binance BZUSDT | −0.067% | −0.0011% | 4h | $145.0M | $451.8M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.063% | 0.0000% | 4h | $15.8M | $31.2M | 50x | as long as short |
| BloFin BZ-USDT | −0.063% | +0.0017% | 4h | $1.5M | $80K | 50x | as long as short |
| Extended XBR-USD | −0.050% | +0.0032% | 1h | $677K | $5.2M | 10x | as long as short |
| Lighter BRENTOIL | −0.042% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.042% | +0.0032% | 1h | $33K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.037% | L +0.0018% / S +0.0043% | 1h | $35K | — | 111x | as long as short |
| Aster BZUSDT | −0.037% | 0.0000% | 4h | $340K | $1.6M | 50x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.031% | +0.0050% | 1h | $134.8M | $135.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | −0.029% | +0.0050% | 1h | $1.5M | $549K | 20x | as long as short |
| RISEx BZ/USDC | −0.015% | 0.0000% | 1h | $2.1M | $1.0M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | 0.000% | −0.0324% | 1h | $81K | $301K | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $102K | $282K | 15x | |
| Phemex XBRUSDT | +0.125% | 0.0000% | 4h | $1.2M | $98K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.723% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.099% | +0.0046% | 1h | — | $593K | 10x | as long as short |