After costs, if the gap returns to its 7d average, $10k−$35
spread now−0.053%7d average+0.034%fees + slippage, in and out−$26spread needed0.262%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XBR-USD | 95.320 | 0.0032 | pay 0.0004% / 1h | 8m 03s | $677K | $5.2M | 10x |
| Short | tradeXYZ xyz:BRENTOIL | 95.270 | 0.0050 | get 0.0006% / 1h | 8m 03s | $134.3M | $134.7M | 20x |
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
- −$5.29
- Funding while held
- $0.54
- Slippage, 4 orders
- −$3.16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$30.91
- Spread needed to break even
- 0.262%
Slippage from Extended: live order book, 2 min ago; tradeXYZ: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0018%
- Per $10,000 a day
- +$0.54
- 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 | 0.52 bp | 3.7 bp −$4 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 13 min ago | 0.26 bp | 9.6 bp −$10 | 11.3 bp −$113 | doesn't fit | doesn't fit |
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 | −10.056% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.168% | 0.0000% | 4h | $281K | $140K | 75x | as long as short |
| Gate BZ_USDT | −0.147% | 0.0000% | 8h | $9.1M | $18.4M | 100x | as long as short |
| KuCoin BZUSDTM | −0.126% | +0.0100% | 4h | $3.7M | $928K | 50x | as long as short |
| BloFin BZ-USDT | −0.126% | +0.0027% | 4h | $1.5M | $79K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.121% | L +0.0020% / S +0.0062% | 1h | $40K | — | 111x | as long as short |
| OKX BZ-USDT-SWAP | −0.116% | 0.0000% | 4h | $15.8M | $31.2M | 50x | as long as short |
| Paradex BZ-USD-PERP | −0.108% | +0.0041% | 8h | $3K | $282 | 5x | as long as short |
| Lighter BRENTOIL | −0.105% | +0.0032% | 1h | $3.2M | $4.1M | 20x | as long as short |
| Ondo Perps BRENT-USD.P | −0.105% | +0.0039% | 1h | $3.0M | $1.0M | 15x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance BZUSDT | −0.104% | −0.0002% | 4h | $144.6M | $450.0M | 100x | as long as short |
| SunX BRENTOIL-USDT | −0.095% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.089% | −0.0215% | 1h | $80K | $336K | 20x | as long as short |
| Bybit BZUSDT | −0.084% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| Bitget BZUSDT | −0.084% | 0.0000% | 4h | $27.5M | $22.3M | 100x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.074% | −0.0065% | 1h | $102K | $276K | 15x | as long as short |
| Polymarket Perps BRENTOIL-USD | −0.072% | +0.0050% | 1h | $1.5M | $548K | 20x | as long as short |
| RISEx BZ/USDC | −0.069% | −0.0024% | 1h | $2.1M | $1.0M | 20x | as long as short |
| tradeXYZ xyz:BRENTOILshort | −0.053% | +0.0050% | 1h | $134.3M | $134.7M | 20x | |
| ApeX Omni BZUSDT | −0.053% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Aster BZUSDT | −0.043% | 0.0000% | 4h | $340K | $1.6M | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.032% | +0.0160% | 1h | $33K | — | 20x | as long as short |
| Variational Omni BZ | −0.028% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| Aftermath Perps BRENTUSD | −0.021% | −0.0053% | 1h | $6K | $49K | 5x | as long as short |
| Phemex XBRUSDT | −0.011% | 0.0000% | 4h | $1.2M | $92K | 100x | as long as short |
| edgeX BZUSDC | −0.011% | −0.0001% | 4h | $218K | $234K | 20x | as long as short |
| Extended XBR-USDlong | 0.000% | +0.0032% | 1h | $677K | $5.2M | 10x | |
| Coinbase International BRENTOIL-PERP-INTX | +0.167% | −0.0048% | 1h | $266K | $713K | 15x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.666% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.091% | +0.0046% | 1h | — | $593K | 10x | as long as short |
Extended XBR-USD
tradeXYZ xyz:BRENTOIL
Injective
HTX
Gate
KuCoin
BloFin
GMX
OKX
Paradex
Lighter
Binance
SunX
Kraken Futures
Bybit
Bitget
Deribit
Polymarket Perps
RISEx
ApeX Omni
Aster
Variational Omni
Phemex
Coinbase International
gTrade (Gains Network)