After costs, if the gap returns to its 7d average, $10k−$37
spread now+0.052%7d average+0.055%fees + slippage, in and out−$37spread needed0.367%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BZ_USDT | 95.710 | 0 | get 0.0000% / 8h | 7h 56m | $9.2M | $17.6M | 100x |
| Short | Bybit BZUSDT | 95.760 | 0 | get 0.0000% / 8h | 7h 56m | $10.5M | $15.6M | 100x |
Gate BZ_USDT
Bybit 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
- $5.22
- Funding while held
- $0
- Slippage, 4 orders
- −$10.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$31.5
- Spread needed to break even
- 0.367%
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 4 min ago | 1.56 bp | 11.1 bp −$11 | 20.8 bp −$208 | 35.6 bp −$3,563 | 48.9 bp −$24.5K |
| Sell Bybit live order book, 4 min ago | 0.52 bp | 7.8 bp −$8 | 10.0 bp −$100 | 82.2 bp −$8,216 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective95.340cheapestAster95.692+0.369%
Injective
AsterGate95.710+0.388%
Bybit95.760+0.441%
Lighter95.770+0.451%OKX95.770+0.451%Ondo Perps95.770+0.451%Bitget95.770+0.451%Deribit95.770+0.451%Binance95.780+0.462%KuCoin95.780+0.462%Kraken Futures95.785+0.466%GMX95.785+0.467%RISEx95.790+0.472%Paradex95.793+0.476%Extended95.796+0.478%tradeXYZ95.809+0.492%Hotstuff95.810+0.493%Polymarket Perps95.817+0.500%SunX95.840+0.524%BloFin95.970+0.661%HTX95.990+0.682%Aftermath Perps96.029+0.723%Variational Omni96.105+0.803%ApeX Omni96.120+0.818%Coinbase International96.120+0.818%edgeX96.136+0.835%Phemex96.160+0.860%gTrade (Gains Network)96.490+1.206%Vest99.890+4.772%
Lighter
OKX
Ondo Perps
Bitget
Deribit
Binance
KuCoin
Kraken Futures
GMX
RISEx
Paradex
Extended
tradeXYZ
Hotstuff
Polymarket Perps
SunX
BloFin
HTX
Variational Omni
ApeX Omni
Coinbase International
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 | −0.387% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Aster BZUSDT | −0.019% | 0.0000% | 4h | $335K | $1.6M | 50x | as long as short |
| Gate BZ_USDTlong | 0.000% | 0.0000% | 8h | $9.2M | $17.6M | 100x | |
| Bybit BZUSDTshort | +0.052% | 0.0000% | 8h | $10.5M | $15.6M | 100x | |
| Lighter BRENTOIL | +0.063% | +0.0032% | 1h | $3.2M | $3.9M | 20x | as long as short |
| OKX BZ-USDT-SWAP | +0.063% | 0.0000% | 4h | $16.1M | $30.1M | 50x | as long as short |
| Ondo Perps BRENT-USD.P | +0.063% | +0.0050% | 1h | $3.0M | $984K | 15x | as long as short |
| Bitget BZUSDT | +0.063% | 0.0000% | 4h | $28.0M | $21.0M | 100x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.063% | 0.0000% | 1h | $102K | $259K | 15x | as long as short |
| Binance BZUSDT | +0.073% | 0.0000% | 4h | $145.9M | $429.9M | 100x | as long as short |