After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.022%7d average+0.060%fees + slippage, in and out−$35spread needed0.353%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BZ_USDT | 96.670 | 0 | get 0.0000% / 8h | 2h 31m | $9.3M | $16.1M | 100x |
| Short | Binance BZUSDT | 96.691 | −0.0056 | pay 0.0028% / 4h | 2h 31m | $149.3M | $365.6M | 100x |
Gate BZ_USDT
Binance BZUSDTPrice 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
- $2.17
- Funding while held
- −$1.69
- Slippage, 4 orders
- −$10.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$34.81
- Spread needed to break even
- 0.353%
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0056%
- Per $10,000 a day
- −$1.69
- 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 Gate live order book, 3 min ago | 0.52 bp | 13.8 bp −$14 | 22.9 bp −$229 | 30.9 bp −$3,094 | 43.3 bp −$21.6K |
| Sell Binance live order book, 13 min ago | 0.52 bp | 5.5 bp −$6 | 5.9 bp −$59 | 11.6 bp −$1,157 | 54.9 bp −$27.4K |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective95.910cheapestVariational Omni96.495+0.610%Coinbase International96.560+0.678%edgeX96.579+0.697%ApeX Omni96.620+0.740%HTX96.630+0.751%
Injective
Variational Omni
Coinbase International
ApeX Omni
HTXGate96.670+0.792%
Deribit96.670+0.792%Aftermath Perps96.689+0.812%Bybit96.690+0.813%SunX96.690+0.813%
Deribit
Bybit
SunXBinance96.691+0.814%
Aster96.695+0.818%GMX96.695+0.818%Lighter96.700+0.824%OKX96.710+0.834%Bitget96.710+0.834%Extended96.728+0.852%tradeXYZ96.730+0.855%RISEx96.731+0.856%Paradex96.737+0.863%Kraken Futures96.744+0.869%KuCoin96.760+0.886%Ondo Perps96.780+0.907%Polymarket Perps96.788+0.915%Hotstuff96.790+0.918%BloFin96.840+0.970%Phemex97.000+1.136%gTrade (Gains Network)97.402+1.555%Vest100.24+4.515%
Aster
GMX
Lighter
OKX
Bitget
Extended
tradeXYZ
RISEx
Paradex
Kraken Futures
KuCoin
Ondo Perps
Polymarket Perps
Hotstuff
BloFin
Phemex
gTrade (Gains Network)
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 | −0.786% | −0.0220% | 1h | $15K | $97 | 30x | as long as short |
| Variational Omni BZ | −0.181% | −0.0020% | 4h | $10.1M | $11.4M | — | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.114% | −0.0088% | 1h | $259K | $659K | 15x | as long as short |
| edgeX BZUSDC | −0.095% | −0.0052% | 4h | $221K | $237K | 20x | as long as short |
| ApeX Omni BZUSDT | −0.052% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| HTX BRENTOIL-USDT | −0.041% | 0.0000% | 4h | $289K | $133K | 75x | as long as short |
| Gate BZ_USDTlong | 0.000% | 0.0000% | 8h | $9.3M | $16.1M | 100x | |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.000% | −0.0164% | 1h | $136K | $162K | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.020% | −0.0025% | 1h | $7K | $50K | 5x | as long as short |
| Bybit BZUSDT | +0.021% | 0.0000% | 8h | $10.9M | $13.3M | 100x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX BRENTOIL-USDT | +0.021% | 0.0000% | 4h | $4K | $2.2M | 20x | as long as short |
| Binance BZUSDTshort | +0.022% | −0.0056% | 4h | $149.3M | $365.6M | 100x | |
| Aster BZUSDT | +0.026% | −0.0059% | 4h | $339K | $1.5M | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | +0.026% | L +0.0080% / S +0.0072% | 1h | $53K | — | 111x | as long as short |
| Lighter BRENTOIL | +0.031% | +0.0032% | 1h | $3.3M | $3.6M | 20x | as long as short |
| OKX BZ-USDT-SWAP | +0.041% | 0.0000% | 4h | $16.8M | $28.1M | 50x | as long as short |
| Bitget BZUSDT | +0.041% | 0.0000% | 4h | $28.8M | $18.1M | 100x | as long as short |
| Extended XBR-USD | +0.060% | +0.0032% | 1h | $704K | $4.7M | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.062% | +0.0050% | 1h | $144.0M | $106.0M | 20x | as long as short |
| RISEx BZ/USDC | +0.063% | 0.0000% | 1h | $2.3M | $350K | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.070% | +0.0043% | 8h | $3K | $282 | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.076% | −0.0138% | 1h | $175K | $347K | 20x | as long as short |
| KuCoin BZUSDTM | +0.093% | +0.0100% | 4h | $3.7M | $858K | 50x | as long as short |
| Ondo Perps BRENT-USD.P | +0.114% | +0.0050% | 1h | $3.1M | $973K | 15x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.122% | +0.0050% | 1h | $1.6M | $500K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.124% | +0.0168% | 1h | $33K | — | 20x | as long as short |
| BloFin BZ-USDT | +0.176% | −0.0001% | 4h | $1.6M | $56K | 50x | as long as short |
| Phemex XBRUSDT | +0.341% | 0.0000% | 4h | $1.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.757% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +3.693% | −0.0142% | 1h | — | — | 10x | as long as short |