After costs, if the gap returns to its 7d average, $10k−$35
spread now+0.036%7d average+0.081%fees + slippage, in and out−$31spread needed0.308%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BRENTOIL_USDC-PERPETUAL | 95.250 | −0.0065 | get 0.0008% / 1h | 7m 39s | $102K | $276K | 15x |
| Short | tradeXYZ xyz:BRENTOIL | 95.284 | 0.0050 | get 0.0006% / 1h | 7m 39s | $134.3M | $134.8M | 20x |
Deribit BRENTOIL_USDC-PERPETUAL
tradeXYZ xyz:BRENTOILPrice 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
- $3.57
- Funding while held
- $3.45
- Slippage, 4 orders
- −$5.85
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$23.83
- Spread needed to break even
- 0.308%
Slippage from Deribit: live order book, 18 min ago; tradeXYZ: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0115%
- Per $10,000 a day
- +$3.45
- 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, 18 min ago | 0.52 bp | 7.1 bp −$7 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.26 bp | 9.5 bp −$10 | 10.8 bp −$108 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective85.735cheapest
HTX95.160+10.993%Gate95.180+11.017%BloFin95.200+11.040%GMX95.205+11.046%Bybit95.210+11.051%OKX95.210+11.051%KuCoin95.210+11.051%Bitget95.210+11.051%Ondo Perps95.220+11.063%Binance95.227+11.072%SunX95.230+11.075%Kraken Futures95.235+11.081%Lighter95.240+11.086%
Injective
HTX
Gate
BloFin
GMX
Bybit
OKX
KuCoin
Bitget
Ondo Perps
Binance
SunX
Kraken Futures
LighterDeribit95.250+11.098%
edgeX95.251+11.099%Polymarket Perps95.252+11.100%Paradex95.252+11.101%ApeX Omni95.270+11.121%RISEx95.279+11.133%
Polymarket Perps
Paradex
ApeX Omni
RISExtradeXYZ95.284+11.138%
Aster95.290+11.145%Hotstuff95.290+11.145%Extended95.291+11.146%Variational Omni95.294+11.150%Aftermath Perps95.300+11.157%Phemex95.310+11.168%Coinbase International95.480+11.366%gTrade (Gains Network)95.955+11.921%Vest99.220+15.729%
Aster
Hotstuff
Extended
Variational Omni
Phemex
Coinbase International
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 | −9.990% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.094% | 0.0000% | 4h | $281K | $140K | 75x | as long as short |
| Gate BZ_USDT | −0.073% | 0.0000% | 8h | $9.1M | $18.4M | 100x | as long as short |
| BloFin BZ-USDT | −0.052% | +0.0027% | 4h | $1.5M | $79K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.047% | L +0.0020% / S +0.0062% | 1h | $40K | — | 111x | as long as short |
| Bybit BZUSDT | −0.042% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.042% | 0.0000% | 4h | $15.8M | $31.2M | 50x | as long as short |
| KuCoin BZUSDTM | −0.042% | +0.0100% | 4h | $3.7M | $928K | 50x | as long as short |
| Bitget BZUSDT | −0.042% | 0.0000% | 4h | $27.5M | $22.3M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | −0.031% | +0.0039% | 1h | $3.0M | $1.0M | 15x | as long as short |