Spread before costs (cost unknown: a leg has no order-book sample)+0.704%
7d average—if it closes, per $10,000$70funding while held, a day−$0.63
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XBR-USD | 95.592 | 0.0032 | pay 0.0004% / 1h | 28m 44s | $665K | $5.2M | 10x |
| Short | gTrade (Gains Network) BRENT/USD | 96.265 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 28m 44s | — | — | — |
Price 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
- $70.42
- Funding while held
- −$0.63
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $54.8
- Spread needed to break even
- 0.150%
Slippage unknown: Extended: live order book, 2 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0021%
- Per $10,000 a day
- −$0.63
- 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 Extended live order book, 2 min ago | 1.83 bp | 4.8 bp −$5 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.BZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −0.833% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Variational Omni BZ | −0.128% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.117% | −0.0024% | 1h | $266K | $713K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.117% | 0.0000% | 4h | $282K | $126K | 75x | as long as short |
| ApeX Omni BZUSDT | −0.096% | +0.0100% | 1h | $25K | $270K | 50x | as long as short |
| edgeX BZUSDC | −0.089% | +0.0012% | 4h | $218K | $236K | 20x | as long as short |
| Aftermath Perps BRENTUSD | −0.080% | −0.0007% | 1h | $6K | $49K | 5x | as long as short |
| Ondo Perps BRENT-USD.P | −0.065% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| Gate BZ_USDT | −0.065% | 0.0000% | 8h | $9.2M | $18.4M | 100x | as long as short |
| Bybit BZUSDT | −0.044% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin BZUSDTM | −0.044% | +0.0100% | 4h | $3.7M | $926K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.039% | L +0.0017% / S +0.0045% | 1h | $35K | — | 111x | as long as short |
| OKX BZ-USDT-SWAP | −0.034% | 0.0000% | 4h | $15.8M | $30.9M | 50x | as long as short |
| Aster BZUSDT | −0.031% | 0.0000% | 4h | $334K | $1.6M | 50x | as long as short |
| Paradex BZ-USD-PERP | −0.030% | +0.0045% | 8h | $3K | $473 | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.028% | −0.0324% | 1h | $81K | $299K | 20x | as long as short |
| Bitget BZUSDT | −0.023% | 0.0000% | 4h | $27.7M | $22.5M | 100x | as long as short |
| BloFin BZ-USDT | −0.023% | −0.0046% | 4h | $1.5M | $81K | 50x | as long as short |
| Binance BZUSDT | −0.013% | 0.0000% | 4h | $144.4M | $453.9M | 100x | as long as short |
| SunX BRENTOIL-USDT | −0.013% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.013% | 0.0000% | 1h | $102K | $281K | 15x | as long as short |
| Lighter BRENTOIL | −0.002% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.002% | −0.0008% | 1h | $33K | — | 20x | as long as short |
| Extended XBR-USDlong | 0.000% | +0.0032% | 1h | $665K | $5.2M | 10x | |
| Polymarket Perps BRENTOIL-USD | +0.005% | +0.0050% | 1h | $1.5M | $549K | 20x | as long as short |
| RISEx BZ/USDC | +0.031% | 0.0000% | 1h | $2.1M | $1.0M | 20x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.037% | +0.0050% | 1h | $143.2M | $138.8M | 20x | as long as short |
| Phemex XBRUSDT | +0.102% | 0.0000% | 4h | $1.2M | $98K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | +0.704% | L +0.0011% / S −0.0011% | 1h | — | — | — | |
| Vest BZ-PERP | +4.161% | +0.0046% | 1h | — | $593K | 10x | as long as short |
Extended XBR-USD
gTrade (Gains Network) BRENT/USD
Injective
Variational Omni
Coinbase International
HTX
ApeX Omni
Gate
Bybit
KuCoin
GMX
OKX
Aster
Paradex
Kraken Futures
Bitget
BloFin
Binance
SunX
Deribit
Lighter
Polymarket Perps
RISEx
tradeXYZ
Phemex