Spread before costs (cost unknown: a leg has no order-book sample)−0.014%
7d average—if it closes, per $10,000$1funding while held, a day+$3.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BRENTOIL_USDC-PERPETUAL | 96.150 | −0.0062 | get 0.0008% / 1h | 26m 48s | $103K | $255K | 15x |
| Short | Paradex BZ-USD-PERP | 96.136 | 0.0044 | get 0.0044% / 8h | 26m 48s | $3K | $282 | 5x |
Deribit BRENTOIL_USDC-PERPETUAL
Paradex BZ-USD-PERPPrice 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
- −$1.4
- Funding while held
- $3.17
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$9.23
- Spread needed to break even
- 0.110%
Slippage unknown: Deribit: live order book, 4 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0106%
- Per $10,000 a day
- +$3.17
- 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, 4 min ago | 3.64 bp | 7.1 bp −$7 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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.Injective86.539cheapest
Ondo Perps96.050+10.990%Gate96.080+11.025%Bybit96.090+11.037%Hotstuff96.090+11.037%OKX96.100+11.048%Bitget96.100+11.048%ApeX Omni96.100+11.048%edgeX96.106+11.055%Binance96.107+11.056%Lighter96.110+11.060%RISEx96.129+11.082%KuCoin96.130+11.083%
Injective
Ondo Perps
Gate
Bybit
Hotstuff
OKX
Bitget
ApeX Omni
Binance
Lighter
RISEx
KuCoinParadex96.136+11.090%
tradeXYZ96.138+11.092%Kraken Futures96.149+11.104%
tradeXYZ
Kraken FuturesDeribit96.150+11.106%
BloFin96.150+11.106%HTX96.160+11.118%GMX96.165+11.123%Polymarket Perps96.166+11.124%SunX96.170+11.129%Extended96.178+11.138%Aftermath Perps96.195+11.158%Aster96.200+11.164%Variational Omni96.246+11.217%Coinbase International96.320+11.302%Phemex96.500+11.510%gTrade (Gains Network)96.907+11.981%Vest100.22+15.809%
BloFin
HTX
GMX
Polymarket Perps
SunX
Extended
Aster
Variational 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 | −9.996% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Ondo Perps BRENT-USD.P | −0.104% | +0.0023% | 1h | $3.0M | $908K | 15x | as long as short |
| Gate BZ_USDT | −0.073% | 0.0000% | 8h | $9.2M | $17.5M | 100x | as long as short |
| Bybit BZUSDT | −0.062% | 0.0000% | 8h | $10.8M | $15.2M | 100x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.062% | +0.0264% | 1h | $33K | — | 20x | as long as short |
| OKX BZ-USDT-SWAP | −0.052% | 0.0000% | 4h | $16.2M | $30.1M | 50x | as long as short |
| Bitget BZUSDT | −0.052% | 0.0000% | 4h | $28.4M | $20.0M | 100x | as long as short |
| ApeX Omni BZUSDT | −0.052% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| edgeX BZUSDC | −0.046% | +0.0009% | 4h | $220K | $235K | 20x | as long as short |
| Binance BZUSDT | −0.045% | −0.0002% | 4h | $146.8M | $420.2M | 100x | as long as short |