Spread before costs (cost unknown: a leg has no order-book sample)−0.765%
7d average—if it closes, per $10,000$76funding while held, a day−$2.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BRENT/USD | 96.785 | L +0.0011% / S −0.0011% | pay 0.0001% / 1h | 22m 49s | — | — | — |
| Short | GMX BRENTOIL/USD [ETH-USDC] | 96.045 | L +0.0037% / S +0.0056% | pay 0.0007% / 1h | 22m 49s | $43K | — | 111x |
gTrade (Gains Network) BRENT/USD
GMX BRENTOIL/USD [ETH-USDC]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
- −$76.5
- Funding while held
- −$2.04
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$100.54
- Spread needed to break even
- 0.220%
Slippage unknown: gTrade (Gains Network): no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0068%
- Per $10,000 a day
- −$2.04
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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.Injective86.539cheapest
Bitget95.820+10.725%KuCoin95.830+10.736%Gate95.860+10.771%Bybit95.880+10.794%Binance95.910+10.829%OKX95.910+10.829%Extended95.918+10.838%RISEx96.040+10.979%
Injective
Bitget
KuCoin
Gate
Bybit
Binance
OKX
Extended
RISExGMX96.045+10.985%
Ondo Perps96.050+10.990%Paradex96.052+10.992%edgeX96.055+10.996%HTX96.060+11.002%SunX96.070+11.014%BloFin96.070+11.014%Polymarket Perps96.071+11.015%Kraken Futures96.075+11.019%Variational Omni96.077+11.021%Deribit96.080+11.025%tradeXYZ96.088+11.034%Aster96.090+11.037%Lighter96.100+11.048%Hotstuff96.120+11.071%ApeX Omni96.120+11.071%Aftermath Perps96.152+11.109%Coinbase International96.320+11.302%Phemex96.400+11.395%
Ondo Perps
Paradex
HTX
SunX
BloFin
Polymarket Perps
Kraken Futures
Variational Omni
Deribit
tradeXYZ
Aster
Lighter
Hotstuff
ApeX Omni
Coinbase International
PhemexgTrade (Gains Network)96.785+11.840%
Vest100.11+15.682%
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 | −10.587% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Bitget BZUSDT | −0.997% | 0.0000% | 4h | $28.3M | $20.2M | 100x | as long as short |
| KuCoin BZUSDTM | −0.987% | +0.0100% | 4h | $3.7M | $891K | 50x | as long as short |
| Gate BZ_USDT | −0.956% | 0.0000% | 8h | $9.2M | $17.5M | 100x | as long as short |
| Bybit BZUSDT | −0.935% | 0.0000% | 8h | $10.7M | $15.3M | 100x | as long as short |
| Binance BZUSDT | −0.904% | −0.0004% | 4h | $146.5M | $422.2M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.904% | 0.0000% | 4h | $16.2M | $30.1M | 50x | as long as short |
| Extended XBR-USD | −0.896% | +0.0032% | 1h | $670K | $5.0M | 10x | as long as short |
| RISEx BZ/USDC | −0.770% | −0.0048% | 1h | $2.2M | $579K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC]short | −0.765% | L +0.0037% / S +0.0056% | 1h | $43K | — | 111x |