After costs, if the gap returns to its 7d average, $10k−$60
spread now−0.124%7d average+0.034%fees + slippage, in and out−$45spread needed0.445%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BZUSDC | 95.418 | 0.0004 | pay 0.0002% / 4h | 3h 46m | $218K | $236K | 20x |
| Short | Bitget BZUSDT | 95.300 | 0 | get 0.0000% / 4h | 3h 46m | $27.6M | $21.8M | 100x |
Bitget BZUSDTPrice 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
- −$12.39
- Funding while held
- −$0.13
- Slippage, 4 orders
- −$23.53
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$57.05
- Spread needed to break even
- 0.445%
Slippage from edgeX: live order book, 62 min ago; Bitget: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.13
- 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 edgeX live order book, 62 min ago | 10.40 bp | 14.9 bp −$15 | 15.8 bp −$158 | 99.6 bp −$9,956 | doesn't fit |
| Sell Bitget live order book, 9 min ago | 0.52 bp | 8.1 bp −$8 | 10.8 bp −$108 | 16.0 bp −$1,602 | 41.6 bp −$20.8K |
BZ price on every exchange
against the cheapest. Click to use as the short leg.GMX95.235cheapestOKX95.250+0.016%HTX95.250+0.016%tradeXYZ95.254+0.020%Gate95.260+0.026%KuCoin95.280+0.047%Bybit95.290+0.058%
GMX
OKX
HTX
tradeXYZ
Gate
KuCoin
BybitBitget95.300+0.068%
Binance95.316+0.085%Lighter95.320+0.089%Paradex95.322+0.091%Ondo Perps95.340+0.110%Injective95.340+0.110%SunX95.340+0.110%BloFin95.340+0.110%RISEx95.346+0.117%Extended95.348+0.119%Aster95.350+0.121%Polymarket Perps95.358+0.129%Kraken Futures95.372+0.144%Hotstuff95.390+0.163%Deribit95.390+0.163%ApeX Omni95.400+0.173%Aftermath Perps95.535+0.315%Coinbase International95.550+0.331%Variational Omni95.593+0.376%Phemex95.970+0.772%gTrade (Gains Network)95.981+0.783%Vest99.350+4.321%
Binance
Lighter
Paradex
Ondo Perps
Injective
SunX
BloFin
RISEx
Extended
Aster
Polymarket Perps
Kraken Futures
Hotstuff
Deribit
ApeX Omni
Coinbase International
Variational Omni
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 | |
|---|---|---|---|---|---|---|---|
| GMX BRENTOIL/USD [ETH-USDC] | −0.192% | L +0.0028% / S +0.0059% | 1h | $41K | — | 111x | as long as short |
| OKX BZ-USDT-SWAP | −0.176% | 0.0000% | 4h | $16.0M | $30.5M | 50x | as long as short |
| HTX BRENTOIL-USDT | −0.176% | 0.0000% | 4h | $281K | $126K | 75x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.172% | +0.0050% | 1h | $136.7M | $130.0M | 20x | as long as short |
| Gate BZ_USDT | −0.166% | 0.0000% | 8h | $9.2M | $17.9M | 100x | as long as short |
| KuCoin BZUSDTM | −0.145% | +0.0100% | 4h | $3.7M | $920K | 50x | as long as short |
| Bybit BZUSDT | −0.134% | 0.0000% | 8h | $10.6M | $16.0M | 100x | as long as short |
| Bitget BZUSDTshort | −0.124% | 0.0000% | 4h | $27.6M | $21.8M | 100x | |
| Binance BZUSDT | −0.108% | 0.0000% | 4h | $145.1M | $440.0M | 100x | as long as short |
| Lighter BRENTOIL | −0.103% | +0.0032% | 1h | $3.2M | $4.0M | 20x | as long as short |