After costs, if the gap returns to its 7d average, $10k−$30
spread now−0.166%7d average−0.115%fees + slippage, in and out−$25spread needed0.253%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BRENTOIL_USDC-PERPETUAL | 96.110 | −0.0062 | get 0.0008% / 1h | 50m 37s | $103K | $280K | 15x |
| Short | Coinbase International BRENTOIL-PERP-INTX | 95.950 | −0.0040 | pay 0.0005% / 1h | 50m 37s | $231K | $855K | 15x |
Deribit BRENTOIL_USDC-PERPETUAL
Coinbase International BRENTOIL-PERP-INTXPrice 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
- −$16.65
- Funding while held
- $0.66
- Slippage, 4 orders
- −$8.26
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$41.25
- Spread needed to break even
- 0.253%
Slippage from Deribit: live order book, 30 min ago; Coinbase International: live order book, 49 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0022%
- Per $10,000 a day
- +$0.66
- 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 | 6.1 bp −$6 | 8.4 bp −$84 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 49 min ago | 2.09 bp | 7.1 bp −$7 | 8.1 bp −$81 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.379cheapest
HTX95.880+10.999%
Injective
HTXCoinbase International95.950+11.080%
KuCoin95.990+11.127%Gate96.010+11.150%ApeX Omni96.030+11.173%OKX96.040+11.184%edgeX96.048+11.194%Binance96.050+11.196%Ondo Perps96.050+11.196%Aftermath Perps96.064+11.212%RISEx96.068+11.216%Bybit96.070+11.219%Bitget96.070+11.219%GMX96.075+11.225%Paradex96.076+11.226%BloFin96.080+11.231%Aster96.082+11.233%Extended96.083+11.234%Lighter96.090+11.242%Hotstuff96.110+11.265%
KuCoin
Gate
ApeX Omni
OKX
Binance
Ondo Perps
RISEx
Bybit
Bitget
GMX
Paradex
BloFin
Aster
Extended
Lighter
HotstuffDeribit96.110+11.265%
Variational Omni96.117+11.274%tradeXYZ96.134+11.293%SunX96.140+11.300%Phemex96.140+11.300%Polymarket Perps96.146+11.307%Kraken Futures96.152+11.315%gTrade (Gains Network)96.818+12.085%Vest100.14+15.931%
Variational Omni
tradeXYZ
SunX
Phemex
Polymarket Perps
Kraken Futures
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 | −10.125% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.239% | 0.0000% | 4h | $283K | $162K | 75x | as long as short |
| Coinbase International BRENTOIL-PERP-INTXshort | −0.166% | −0.0040% | 1h | $231K | $855K | 15x | |
| KuCoin BZUSDTM | −0.125% | +0.0100% | 4h | $3.8M | $940K | 50x | as long as short |
| Gate BZ_USDT | −0.104% | 0.0000% | 8h | $9.2M | $18.5M | 100x | as long as short |
| ApeX Omni BZUSDT | −0.083% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| OKX BZ-USDT-SWAP | −0.073% | 0.0000% | 4h | $15.9M | $29.9M | 50x | as long as short |
| edgeX BZUSDC | −0.065% | +0.0016% | 4h | $220K | $235K | 20x | as long as short |
| Binance BZUSDT | −0.062% | 0.0000% | 4h | $144.1M | $461.0M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | −0.062% | +0.0050% | 1h | $3.1M | $1.0M | 15x | as long as short |