Spread before costs (cost unknown: a leg has no order-book sample)+0.703%
7d average—if it closes, per $10,000$70funding while held, a day+$0.33
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BZ_USDT | 96.050 | 0 | get 0.0000% / 8h | 1h 26m | $9.3M | $17.0M | 100x |
| Short | gTrade (Gains Network) BRENT/USD | 96.725 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 26m 54s | — | — | — |
Gate BZ_USDT
gTrade (Gains Network) BRENT/USDPrice 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
- $70.29
- Funding while held
- $0.33
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $45.62
- Spread needed to break even
- 0.250%
Slippage unknown: Gate: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0011%
- Per $10,000 a day
- +$0.33
- 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 | 12.9 bp −$13 | 19.6 bp −$196 | 33.2 bp −$3,320 | 45.1 bp −$22.5K |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
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.Injective86.638cheapest
edgeX95.791+10.564%ApeX Omni95.890+10.679%Variational Omni95.902+10.693%Ondo Perps95.960+10.760%HTX95.990+10.794%RISEx95.997+10.802%Aftermath Perps96.002+10.808%Kraken Futures96.011+10.818%Paradex96.017+10.825%Hotstuff96.020+10.829%SunX96.020+10.829%GMX96.025+10.835%Polymarket Perps96.036+10.847%
Injective
ApeX Omni
Variational Omni
Ondo Perps
HTX
RISEx
Kraken Futures
Paradex
Hotstuff
SunX
GMX
Polymarket PerpsGate96.050+10.864%
Deribit96.050+10.864%BloFin96.050+10.864%Lighter96.060+10.875%Bybit96.060+10.875%Aster96.061+10.876%OKX96.090+10.910%Binance96.095+10.916%Bitget96.100+10.921%tradeXYZ96.110+10.933%KuCoin96.130+10.956%Extended96.143+10.971%Coinbase International96.560+11.452%
Deribit
BloFin
Lighter
Bybit
Aster
OKX
Binance
Bitget
tradeXYZ
KuCoin
Extended
Coinbase InternationalgTrade (Gains Network)96.725+11.643%
Phemex96.980+11.937%Vest99.420+14.753%
Phemex
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 | −9.799% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| edgeX BZUSDC | −0.270% | −0.0002% | 4h | $219K | $235K | 20x | as long as short |
| ApeX Omni BZUSDT | −0.167% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Variational Omni BZ | −0.154% | 0.0000% | 4h | $9.7M | $12.1M | — | as long as short |
| Ondo Perps BRENT-USD.P | −0.094% | +0.0050% | 1h | $3.0M | $910K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.062% | 0.0000% | 4h | $286K | $124K | 75x | as long as short |
| RISEx BZ/USDC | −0.056% | −0.0016% | 1h | $2.3M | $414K | 20x | as long as short |
| Aftermath Perps BRENTUSD | −0.050% | +0.0027% | 1h | $7K | $51K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.041% | −0.0058% | 1h | $174K | $339K | 20x | as long as short |
| Paradex BZ-USD-PERP | −0.035% | +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 | |
|---|---|---|---|---|---|---|---|
| Hotstuff BRENTOIL-PERP | −0.031% | −0.0064% | 1h | $33K | — | 20x | as long as short |
| SunX BRENTOIL-USDT | −0.031% | 0.0000% | 4h | $4K | $2.4M | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.026% | L +0.0053% / S +0.0046% | 1h | $43K | — | 111x | as long as short |
| Polymarket Perps BRENTOIL-USD | −0.015% | +0.0050% | 1h | $1.6M | $512K | 20x | as long as short |
| Gate BZ_USDTlong | 0.000% | 0.0000% | 8h | $9.3M | $17.0M | 100x | |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.000% | −0.0062% | 1h | $103K | $239K | 15x | as long as short |
| BloFin BZ-USDT | 0.000% | −0.0018% | 4h | $1.6M | $62K | 50x | as long as short |
| Lighter BRENTOIL | +0.010% | +0.0032% | 1h | $3.3M | $3.7M | 20x | as long as short |
| Bybit BZUSDT | +0.010% | 0.0000% | 8h | $10.9M | $14.3M | 100x | as long as short |
| Aster BZUSDT | +0.011% | −0.0016% | 4h | $337K | $1.5M | 50x | as long as short |
| OKX BZ-USDT-SWAP | +0.042% | 0.0000% | 4h | $16.4M | $29.3M | 50x | as long as short |
| Binance BZUSDT | +0.047% | −0.0015% | 4h | $149.2M | $404.8M | 100x | as long as short |
| Bitget BZUSDT | +0.052% | 0.0000% | 4h | $28.4M | $19.2M | 100x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.062% | +0.0050% | 1h | $140.7M | $112.0M | 20x | as long as short |
| KuCoin BZUSDTM | +0.083% | +0.0100% | 4h | $3.7M | $873K | 50x | as long as short |
| Extended XBR-USD | +0.097% | +0.0032% | 1h | $687K | $5.0M | 10x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | +0.531% | −0.0088% | 1h | $262K | $662K | 15x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | +0.703% | L +0.0011% / S −0.0011% | 1h | — | — | — | |
| Phemex XBRUSDT | +0.968% | +0.1856% | 4h | $1.2M | $86K | 100x | as long as short |
| Vest BZ-PERP | +3.509% | −0.0124% | 1h | — | $4K | 10x | as long as short |