Spread before costs (cost unknown: a leg has no order-book sample)−0.094%
7d average−0.055%if it closes, per $10,000$9funding while held, a day+$1.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BRENTOIL_USDC-PERPETUAL | 95.590 | 0 | get 0.0000% / 1h | 29m 42s | $102K | $282K | 15x |
| Short | Ondo Perps BRENT-USD.P | 95.500 | 0.0050 | get 0.0006% / 1h | 29m 42s | $3.0M | $1.0M | 15x |
Deribit BRENTOIL_USDC-PERPETUAL
Ondo Perps BRENT-USD.PPrice 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
- −$9.42
- Funding while held
- $1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$19.9
- Spread needed to break even
- 0.120%
Slippage unknown: Deribit: live order book, 56 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.51
- 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, 56 min ago | 0.52 bp | 7.1 bp −$7 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo 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.Injective94.796cheapestVariational Omni95.470+0.711%Coinbase International95.480+0.722%HTX95.480+0.722%
Injective
Variational Omni
Coinbase International
HTXOndo Perps95.500+0.743%
ApeX Omni95.500+0.743%BloFin95.500+0.743%edgeX95.507+0.750%Gate95.510+0.753%Bybit95.530+0.774%Aftermath Perps95.533+0.777%Hotstuff95.540+0.785%KuCoin95.540+0.785%Paradex95.548+0.794%OKX95.550+0.795%Binance95.551+0.797%Aster95.552+0.798%GMX95.555+0.801%Lighter95.560+0.806%Bitget95.560+0.806%Extended95.570+0.816%SunX95.580+0.827%Polymarket Perps95.582+0.829%Kraken Futures95.588+0.835%
ApeX Omni
BloFin
Gate
Bybit
Hotstuff
KuCoin
Paradex
OKX
Binance
Aster
GMX
Lighter
Bitget
Extended
SunX
Polymarket Perps
Kraken FuturesDeribit95.590+0.838%
Phemex95.590+0.838%tradeXYZ95.597+0.845%RISEx95.611+0.859%gTrade (Gains Network)96.263+1.547%Vest99.550+5.015%
Phemex
tradeXYZ
RISEx
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 | −0.831% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Variational Omni BZ | −0.125% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.115% | −0.0024% | 1h | $266K | $713K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.115% | 0.0000% | 4h | $282K | $126K | 75x | as long as short |
| Ondo Perps BRENT-USD.Pshort | −0.094% | +0.0050% | 1h | $3.0M | $1.0M | 15x | |
| ApeX Omni BZUSDT | −0.094% | +0.0100% | 1h | $25K | $270K | 50x | as long as short |
| BloFin BZ-USDT | −0.094% | −0.0054% | 4h | $1.5M | $81K | 50x | as long as short |
| edgeX BZUSDC | −0.087% | +0.0012% | 4h | $218K | $236K | 20x | as long as short |
| Gate BZ_USDT | −0.084% | 0.0000% | 8h | $9.2M | $18.4M | 100x | as long as short |
| Bybit BZUSDT | −0.063% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |