Spread before costs (cost unknown: a leg has no order-book sample)−0.810%
7d average—if it closes, per $10,000$81funding while held, a day−$1.78
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BRENT/USD | 96.743 | L +0.0011% / S −0.0011% | pay 0.0001% / 1h | 20m 59s | — | — | — |
| Short | RISEx BZ/USDC | 95.959 | −0.0048 | pay 0.0006% / 1h | 20m 59s | $2.2M | $580K | 20x |
gTrade (Gains Network) BRENT/USD
RISEx BZ/USDCPrice 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
- −$81.04
- Funding while held
- −$1.78
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$98.82
- Spread needed to break even
- 0.160%
Slippage unknown: gTrade (Gains Network): no order-book sample; RISEx: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0059%
- Per $10,000 a day
- −$1.78
- 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 RISEx live order book, 4 min ago | 1.61 bp | 4.6 bp −$5 | 9.5 bp −$95 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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
Coinbase International95.850+10.759%Binance95.870+10.782%HTX95.870+10.782%Bybit95.880+10.794%Gate95.880+10.794%Bitget95.890+10.806%OKX95.900+10.817%Ondo Perps95.900+10.817%Paradex95.920+10.840%BloFin95.940+10.863%tradeXYZ95.950+10.875%Lighter95.950+10.875%KuCoin95.950+10.875%Deribit95.950+10.875%
Injective
Coinbase International
Binance
HTX
Bybit
Gate
Bitget
OKX
Ondo Perps
Paradex
BloFin
tradeXYZ
Lighter
KuCoin
DeribitRISEx95.959+10.885%
SunX95.960+10.886%ApeX Omni95.970+10.898%Hotstuff95.980+10.910%Extended95.980+10.910%Kraken Futures95.984+10.914%GMX95.985+10.915%Polymarket Perps95.994+10.926%Aster96.023+10.959%edgeX96.055+10.996%Aftermath Perps96.063+11.005%Variational Omni96.077+11.021%Phemex96.300+11.279%
SunX
ApeX Omni
Hotstuff
Extended
Kraken Futures
GMX
Polymarket Perps
Aster
Variational Omni
PhemexgTrade (Gains Network)96.743+11.791%
Vest100.03+15.590%
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 | −10.547% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.923% | −0.0048% | 1h | $257K | $667K | 15x | as long as short |
| Binance BZUSDT | −0.902% | −0.0004% | 4h | $146.4M | $422.5M | 100x | as long as short |
| HTX BRENTOIL-USDT | −0.902% | 0.0000% | 4h | $285K | $123K | 75x | as long as short |
| Bybit BZUSDT | −0.892% | 0.0000% | 8h | $10.6M | $15.3M | 100x | as long as short |
| Gate BZ_USDT | −0.892% | 0.0000% | 8h | $9.2M | $17.6M | 100x | as long as short |
| Bitget BZUSDT | −0.881% | 0.0000% | 4h | $28.4M | $20.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.871% | 0.0000% | 4h | $16.2M | $30.1M | 50x | as long as short |
| Ondo Perps BRENT-USD.P | −0.871% | +0.0008% | 1h | $3.0M | $926K | 15x | as long as short |
| Paradex BZ-USD-PERP | −0.850% | +0.0044% | 8h | $3K | $282 | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin BZ-USDT | −0.830% | +0.0020% | 4h | $1.6M | $74K | 50x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.819% | +0.0050% | 1h | $138.0M | $119.2M | 20x | as long as short |
| Lighter BRENTOIL | −0.819% | +0.0032% | 1h | $3.2M | $3.8M | 20x | as long as short |
| KuCoin BZUSDTM | −0.819% | +0.0100% | 4h | $3.7M | $893K | 50x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.819% | −0.0063% | 1h | $103K | $256K | 15x | as long as short |
| RISEx BZ/USDCshort | −0.810% | −0.0048% | 1h | $2.2M | $580K | 20x | |
| SunX BRENTOIL-USDT | −0.809% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| ApeX Omni BZUSDT | −0.799% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.788% | +0.0088% | 1h | $33K | — | 20x | as long as short |
| Extended XBR-USD | −0.788% | +0.0032% | 1h | $669K | $5.0M | 10x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.784% | +0.0066% | 1h | $81K | $369K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.783% | L +0.0036% / S +0.0057% | 1h | $43K | — | 111x | as long as short |
| Polymarket Perps BRENTOIL-USD | −0.774% | +0.0050% | 1h | $1.6M | $568K | 20x | as long as short |
| Aster BZUSDT | −0.744% | 0.0000% | 4h | $335K | $1.6M | 50x | as long as short |
| edgeX BZUSDC | −0.711% | +0.0008% | 4h | $220K | $236K | 20x | as long as short |
| Aftermath Perps BRENTUSD | −0.703% | −0.0007% | 1h | $7K | $50K | 5x | as long as short |
| Variational Omni BZ | −0.688% | 0.0000% | 4h | $9.6M | $12.1M | — | as long as short |
| Phemex XBRUSDT | −0.457% | +0.0606% | 4h | $1.2M | $91K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USDlong | 0.000% | L +0.0011% / S −0.0011% | 1h | — | — | — | |
| Vest BZ-PERP | +3.398% | −0.0047% | 1h | — | $476K | 10x | as long as short |