After costs, if the gap returns to its 7d average, $10k−$34
spread now−0.062%7d average−0.040%fees + slippage, in and out−$31spread needed0.315%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BRENTOIL_USDC-PERPETUAL | 96.120 | −0.0166 | get 0.0021% / 1h | 23m 59s | $103K | $256K | 15x |
| Short | HTX BRENTOIL-USDT | 96.060 | 0 | get 0.0000% / 4h | 23m 59s | $285K | $123K | 75x |
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDTPrice 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
- −$6.24
- Funding while held
- $4.98
- Slippage, 4 orders
- −$12.48
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$32.74
- Spread needed to break even
- 0.315%
Slippage from Deribit: live order book, 6 min ago; HTX: live order book, 24 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0166%
- Per $10,000 a day
- +$4.98
- 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, 6 min ago | 3.64 bp | 7.1 bp −$7 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell HTX live order book, 24 min ago | 2.60 bp | 8.6 bp −$9 | 10.3 bp −$103 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.539cheapest
Ondo Perps96.060+11.002%Gate96.060+11.002%
Injective
Ondo Perps
GateHTX96.060+11.002%
Bybit96.070+11.014%Variational Omni96.077+11.021%OKX96.080+11.025%KuCoin96.080+11.025%BloFin96.080+11.025%RISEx96.090+11.037%Bitget96.090+11.037%GMX96.095+11.042%Binance96.097+11.045%Paradex96.104+11.053%edgeX96.106+11.055%Kraken Futures96.113+11.063%Polymarket Perps96.119+11.070%Hotstuff96.120+11.071%SunX96.120+11.071%
Bybit
Variational Omni
OKX
KuCoin
BloFin
RISEx
Bitget
GMX
Binance
Paradex
Kraken Futures
Polymarket Perps
Hotstuff
SunXDeribit96.120+11.071%
tradeXYZ96.130+11.083%Extended96.132+11.086%Lighter96.140+11.094%Aster96.148+11.104%Aftermath Perps96.154+11.110%ApeX Omni96.190+11.152%Coinbase International96.320+11.302%Phemex96.440+11.441%gTrade (Gains Network)96.844+11.908%Vest100.15+15.728%
tradeXYZ
Extended
Lighter
Aster
ApeX Omni
Coinbase International
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 | −9.968% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Ondo Perps BRENT-USD.P | −0.062% | +0.0010% | 1h | $3.0M | $912K | 15x | as long as short |
| Gate BZ_USDT | −0.062% | 0.0000% | 8h | $9.2M | $17.5M | 100x | as long as short |
| HTX BRENTOIL-USDTshort | −0.062% | 0.0000% | 4h | $285K | $123K | 75x | |
| Bybit BZUSDT | −0.052% | 0.0000% | 8h | $10.8M | $15.2M | 100x | as long as short |
| Variational Omni BZ | −0.045% | 0.0000% | 4h | $9.6M | $12.1M | — | as long as short |
| OKX BZ-USDT-SWAP | −0.042% | 0.0000% | 4h | $16.2M | $30.1M | 50x | as long as short |
| KuCoin BZUSDTM | −0.042% | +0.0100% | 4h | $3.7M | $891K | 50x | as long as short |
| BloFin BZ-USDT | −0.042% | −0.0010% | 4h | $1.6M | $73K | 50x | as long as short |
| RISEx BZ/USDC | −0.031% | −0.0048% | 1h | $2.2M | $579K | 20x | as long as short |