Spread before costs (cost unknown: a leg has no order-book sample)−0.755%
7d average—if it closes, per $10,000$76funding while held, a day+$1.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BRENT/USD | 96.658 | L +0.0011% / S −0.0011% | pay 0.0001% / 1h | 1m 47s | — | — | — |
| Short | tradeXYZ xyz:BRENTOIL | 95.928 | 0.0050 | get 0.0006% / 1h | 1m 47s | $148.2M | $142.1M | 20x |
gTrade (Gains Network) BRENT/USD
tradeXYZ xyz:BRENTOILPrice 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
- −$75.5
- Funding while held
- $1.16
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$102.35
- Spread needed to break even
- 0.280%
Slippage unknown: gTrade (Gains Network): no order-book sample; tradeXYZ: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0039%
- Per $10,000 a day
- +$1.16
- 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 tradeXYZ live order book, 10 min ago | 0.05 bp | 9.7 bp −$10 | 10.8 bp −$108 | 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.Injective95.103cheapestKuCoin95.840+0.775%Gate95.850+0.785%Coinbase International95.850+0.785%OKX95.860+0.796%ApeX Omni95.860+0.796%Bybit95.870+0.806%Binance95.890+0.828%Bitget95.890+0.828%HTX95.900+0.838%Aster95.905+0.843%Paradex95.916+0.854%Lighter95.920+0.859%GMX95.925+0.864%Extended95.928+0.867%
Injective
KuCoin
Gate
Coinbase International
OKX
ApeX Omni
Bybit
Binance
Bitget
HTX
Aster
Paradex
Lighter
GMX
ExtendedtradeXYZ95.928+0.867%
Ondo Perps95.930+0.870%BloFin95.930+0.870%Kraken Futures95.937+0.877%SunX95.950+0.891%Hotstuff95.960+0.901%Deribit95.960+0.901%Polymarket Perps95.974+0.916%RISEx95.983+0.925%Aftermath Perps96.001+0.944%Variational Omni96.003+0.947%edgeX96.054+1.000%Phemex96.360+1.322%
Ondo Perps
BloFin
Kraken Futures
SunX
Hotstuff
Deribit
Polymarket Perps
RISEx
Variational Omni
PhemexgTrade (Gains Network)96.658+1.635%
Vest99.980+5.128%
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 | −1.609% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| KuCoin BZUSDTM | −0.846% | +0.0100% | 4h | $3.8M | $933K | 50x | as long as short |
| Gate BZ_USDT | −0.836% | 0.0000% | 8h | $9.2M | $18.6M | 100x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.836% | −0.0024% | 1h | $233K | $825K | 15x | as long as short |
| OKX BZ-USDT-SWAP | −0.825% | 0.0000% | 4h | $15.8M | $29.9M | 50x | as long as short |
| ApeX Omni BZUSDT | −0.825% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Bybit BZUSDT | −0.815% | 0.0000% | 8h | $10.4M | $16.6M | 100x | as long as short |
| Binance BZUSDT | −0.794% | 0.0000% | 4h | $144.1M | $459.3M | 100x | as long as short |
| Bitget BZUSDT | −0.794% | 0.0000% | 4h | $27.6M | $22.7M | 100x | as long as short |
| HTX BRENTOIL-USDT | −0.784% | 0.0000% | 4h | $283K | $143K | 75x | as long as short |