Spread before costs (cost unknown: a leg has no order-book sample)−0.054%
7d average—if it closes, per $10,000$5funding while held, a day−$2.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XBR-USD | 96.167 | 0.0032 | pay 0.0004% / 1h | 34m 10s | $685K | $5.0M | 10x |
| Short | GMX BRENTOIL/USD [ETH-USDC] | 96.115 | L +0.0039% / S +0.0055% | pay 0.0007% / 1h | 34m 10s | $43K | — | 111x |
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
- −$5.42
- Funding while held
- −$2.6
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$25.02
- Spread needed to break even
- 0.170%
Slippage unknown: Extended: live order book, 1 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0087%
- Per $10,000 a day
- −$2.60
- 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, 1 min ago | 2.44 bp | 4.9 bp −$5 | 24.7 bp −$247 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | −10.012% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Gate BZ_USDT | −0.070% | 0.0000% | 8h | $9.2M | $17.4M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC]short | −0.054% | L +0.0039% / S +0.0055% | 1h | $43K | — | 111x | |
| Bybit BZUSDT | −0.049% | 0.0000% | 8h | $10.8M | $15.0M | 100x | as long as short |
| Binance BZUSDT | −0.039% | −0.0001% | 4h | $147.0M | $418.2M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.039% | 0.0000% | 4h | $16.3M | $30.0M | 50x | as long as short |
| Bitget BZUSDT | −0.028% | 0.0000% | 4h | $28.5M | $19.9M | 100x | as long as short |
| SunX BRENTOIL-USDT | −0.028% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.028% | −0.0166% | 1h | $103K | $255K | 15x | as long as short |
| Lighter BRENTOIL | −0.018% | +0.0032% | 1h | $3.2M | $3.8M | 20x | as long as short |
Extended XBR-USD
GMX BRENTOIL/USD [ETH-USDC]
Injective
Gate
Bybit
Binance
OKX
Bitget
SunX
Deribit
Lighter
KuCoin
HTX
tradeXYZ
RISEx
Aster
Paradex
Kraken Futures
Polymarket Perps
BloFin
Variational Omni
ApeX Omni
Coinbase International
Phemex
gTrade (Gains Network)