Spread before costs (cost unknown: a leg has no order-book sample)−0.037%
7d average—if it closes, per $10,000$4funding while held, a day+$0.36
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XBR-USD | 96.142 | 0.0032 | pay 0.0004% / 1h | 26m 23s | $682K | $5.0M | 10x |
| Short | Paradex BZ-USD-PERP | 96.107 | 0.0044 | get 0.0044% / 8h | 26m 23s | $3K | $282 | 5x |
Extended XBR-USD
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
- −$3.68
- Funding while held
- $0.36
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$12.32
- Spread needed to break even
- 0.090%
Slippage unknown: Extended: live order book, 4 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0012%
- Per $10,000 a day
- +$0.36
- 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, 4 min ago | 0.73 bp | 4.8 bp −$5 | 14.7 bp −$147 | 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
Gate96.060+11.002%Ondo Perps96.070+11.014%OKX96.090+11.037%Bitget96.090+11.037%GMX96.095+11.042%Binance96.100+11.048%Bybit96.100+11.048%ApeX Omni96.100+11.048%edgeX96.106+11.055%
Injective
Gate
Ondo Perps
OKX
Bitget
GMX
Binance
Bybit
ApeX OmniParadex96.107+11.056%
Lighter96.110+11.060%KuCoin96.110+11.060%RISEx96.112+11.061%tradeXYZ96.137+11.091%
Lighter
KuCoin
RISEx
tradeXYZExtended96.142+11.097%
Kraken Futures96.149+11.104%Deribit96.150+11.106%BloFin96.150+11.106%HTX96.160+11.118%Polymarket Perps96.164+11.122%Aster96.170+11.129%SunX96.170+11.129%Hotstuff96.180+11.141%Aftermath Perps96.189+11.151%Variational Omni96.246+11.217%Coinbase International96.320+11.302%Phemex96.500+11.510%gTrade (Gains Network)96.843+11.907%Vest100.20+15.786%
Kraken Futures
Deribit
BloFin
HTX
Polymarket Perps
Aster
SunX
Hotstuff
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 | −9.989% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Gate BZ_USDT | −0.086% | 0.0000% | 8h | $9.2M | $17.5M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | −0.075% | +0.0014% | 1h | $3.0M | $910K | 15x | as long as short |
| OKX BZ-USDT-SWAP | −0.055% | 0.0000% | 4h | $16.2M | $30.1M | 50x | as long as short |
| Bitget BZUSDT | −0.055% | 0.0000% | 4h | $28.4M | $20.0M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.049% | L +0.0038% / S +0.0056% | 1h | $43K | — | 111x | as long as short |
| Binance BZUSDT | −0.044% | −0.0002% | 4h | $146.7M | $420.3M | 100x | as long as short |
| Bybit BZUSDT | −0.044% | 0.0000% | 8h | $10.8M | $15.2M | 100x | as long as short |
| ApeX Omni BZUSDT | −0.044% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| edgeX BZUSDC | −0.038% | +0.0009% | 4h | $220K | $235K | 20x | as long as short |