Spread before costs (cost unknown: a leg has no order-book sample)−0.695%
7d average—if it closes, per $10,000$70funding while held, a day+$0.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BRENT/USD | 96.914 | L +0.0011% / S −0.0011% | pay 0.0001% / 1h | 47m 38s | — | — | — |
| Short | Hotstuff BRENTOIL-PERP | 96.240 | 0.0040 | get 0.0005% / 1h | 47m 38s | $33K | — | 20x |
gTrade (Gains Network) BRENT/USD
Hotstuff BRENTOIL-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
- −$69.53
- Funding while held
- $0.86
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$83.67
- Spread needed to break even
- 0.150%
Slippage unknown: gTrade (Gains Network): no order-book sample; Hotstuff: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0029%
- Per $10,000 a day
- +$0.86
- 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 Hotstuff no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Hotstuff: 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.Injective86.379cheapest
Coinbase International95.950+11.080%HTX96.000+11.138%Aftermath Perps96.108+11.263%Variational Omni96.117+11.274%edgeX96.122+11.279%Gate96.140+11.300%Phemex96.160+11.323%Bybit96.180+11.347%OKX96.180+11.347%GMX96.185+11.352%Ondo Perps96.190+11.358%Aster96.193+11.362%Lighter96.200+11.370%Binance96.200+11.370%Bitget96.200+11.370%BloFin96.200+11.370%Paradex96.204+11.374%KuCoin96.210+11.381%ApeX Omni96.210+11.381%RISEx96.212+11.383%Extended96.221+11.395%tradeXYZ96.228+11.402%
Injective
Coinbase International
HTX
Variational Omni
Gate
Phemex
Bybit
OKX
GMX
Ondo Perps
Aster
Lighter
Binance
Bitget
BloFin
Paradex
KuCoin
ApeX Omni
RISEx
Extended
tradeXYZHotstuff96.240+11.416%
Deribit96.240+11.416%SunX96.250+11.428%Polymarket Perps96.252+11.430%Kraken Futures96.252+11.430%
Deribit
SunX
Polymarket Perps
Kraken FuturesgTrade (Gains Network)96.914+12.196%
Vest100.24+16.047%
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 | −10.870% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.994% | −0.0040% | 1h | $231K | $855K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.943% | 0.0000% | 4h | $284K | $162K | 75x | as long as short |
| Aftermath Perps BRENTUSD | −0.832% | +0.0052% | 1h | $6K | $49K | 5x | as long as short |
| Variational Omni BZ | −0.822% | 0.0000% | 4h | $9.6M | $12.3M | — | as long as short |
| edgeX BZUSDC | −0.817% | +0.0014% | 4h | $220K | $235K | 20x | as long as short |
| Gate BZ_USDT | −0.798% | 0.0000% | 8h | $9.2M | $18.5M | 100x | as long as short |
| Phemex XBRUSDT | −0.778% | 0.0000% | 4h | $1.2M | $101K | 100x | as long as short |
| Bybit BZUSDT | −0.757% | 0.0000% | 8h | $10.5M | $16.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.757% | 0.0000% | 4h | $15.9M | $30.0M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX BRENTOIL/USD [ETH-USDC] | −0.752% | L +0.0014% / S +0.0047% | 1h | $35K | — | 111x | as long as short |
| Ondo Perps BRENT-USD.P | −0.747% | +0.0050% | 1h | $3.1M | $1.0M | 15x | as long as short |
| Aster BZUSDT | −0.744% | 0.0000% | 4h | $330K | $1.6M | 50x | as long as short |
| Lighter BRENTOIL | −0.737% | +0.0032% | 1h | $3.2M | $4.1M | 20x | as long as short |
| Binance BZUSDT | −0.737% | 0.0000% | 4h | $144.4M | $461.1M | 100x | as long as short |
| Bitget BZUSDT | −0.737% | 0.0000% | 4h | $27.7M | $23.0M | 100x | as long as short |
| BloFin BZ-USDT | −0.737% | −0.0021% | 4h | $1.5M | $82K | 50x | as long as short |
| Paradex BZ-USD-PERP | −0.732% | +0.0048% | 8h | $3K | $473 | 5x | as long as short |
| KuCoin BZUSDTM | −0.726% | +0.0100% | 4h | $3.8M | $942K | 50x | as long as short |
| ApeX Omni BZUSDT | −0.726% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| RISEx BZ/USDC | −0.724% | 0.0000% | 1h | $2.1M | $1.2M | 20x | as long as short |
| Extended XBR-USD | −0.714% | +0.0032% | 1h | $682K | $5.2M | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.708% | +0.0050% | 1h | $148.6M | $142.1M | 20x | as long as short |
| Hotstuff BRENTOIL-PERPshort | −0.695% | +0.0040% | 1h | $33K | — | 20x | |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.695% | 0.0000% | 1h | $103K | $280K | 15x | as long as short |
| SunX BRENTOIL-USDT | −0.685% | 0.0000% | 4h | $4K | $2.6M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | −0.683% | +0.0050% | 1h | $1.5M | $550K | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.683% | +0.0085% | 1h | $81K | $306K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USDlong | 0.000% | L +0.0011% / S −0.0011% | 1h | — | — | — | |
| Vest BZ-PERP | +3.432% | +0.0046% | 1h | — | $617K | 10x | as long as short |