After costs, if the gap returns to its 7d average, $10k−$64
spread now−0.229%7d average+0.017%fees + slippage, in and out−$40spread needed0.399%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BRENTOIL_USDC-PERPETUAL | 96.080 | −0.0062 | get 0.0008% / 1h | 22m 47s | $103K | $256K | 15x |
| Short | KuCoin BZUSDTM | 95.860 | 0.0100 | get 0.0050% / 4h | 22m 47s | $3.7M | $891K | 50x |
Deribit BRENTOIL_USDC-PERPETUAL
KuCoin BZUSDTMPrice 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
- −$22.9
- Funding while held
- $4.86
- Slippage, 4 orders
- −$20.86
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$57.9
- Spread needed to break even
- 0.399%
Slippage from Deribit: live order book, 8 min ago; KuCoin: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0162%
- Per $10,000 a day
- +$4.86
- 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, 8 min ago | 3.64 bp | 7.1 bp −$7 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 1.56 bp | 9.1 bp −$9 | 30.9 bp −$309 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.539cheapest
Bybit95.840+10.748%Ondo Perps95.840+10.748%OKX95.860+10.771%Gate95.860+10.771%
Injective
Bybit
Ondo Perps
OKX
GateKuCoin95.860+10.771%
Binance95.862+10.773%Paradex95.897+10.813%Lighter95.900+10.817%Aster95.905+10.823%Bitget95.910+10.829%tradeXYZ95.911+10.830%Extended95.918+10.838%RISEx96.040+10.979%GMX96.045+10.985%edgeX96.055+10.996%HTX96.060+11.002%SunX96.070+11.014%BloFin96.070+11.014%Polymarket Perps96.071+11.015%Kraken Futures96.075+11.019%Variational Omni96.077+11.021%
Binance
Paradex
Lighter
Aster
Bitget
tradeXYZ
Extended
RISEx
GMX
HTX
SunX
BloFin
Polymarket Perps
Kraken Futures
Variational OmniDeribit96.080+11.025%
Hotstuff96.120+11.071%ApeX Omni96.120+11.071%Aftermath Perps96.152+11.109%Coinbase International96.320+11.302%Phemex96.400+11.395%gTrade (Gains Network)96.785+11.840%Vest100.11+15.682%
Hotstuff
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 | −9.930% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Bybit BZUSDT | −0.250% | 0.0000% | 8h | $10.7M | $15.3M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | −0.250% | +0.0012% | 1h | $3.0M | $921K | 15x | as long as short |
| OKX BZ-USDT-SWAP | −0.229% | 0.0000% | 4h | $16.2M | $30.1M | 50x | as long as short |
| Gate BZ_USDT | −0.229% | 0.0000% | 8h | $9.2M | $17.5M | 100x | as long as short |
| KuCoin BZUSDTMshort | −0.229% | +0.0100% | 4h | $3.7M | $891K | 50x | |
| Binance BZUSDT | −0.227% | −0.0004% | 4h | $146.4M | $422.3M | 100x | as long as short |
| Paradex BZ-USD-PERP | −0.191% | +0.0044% | 8h | $3K | $282 | 5x | as long as short |
| Lighter BRENTOIL | −0.187% | +0.0032% | 1h | $3.2M | $3.8M | 20x | as long as short |
| Aster BZUSDT | −0.182% | 0.0000% | 4h | $334K | $1.6M | 50x | as long as short |