Spread before costs (cost unknown: a leg has no order-book sample)+0.099%
7d average—if it closes, per $10,000$10funding while held, a day−$2.70
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BZ_USDT | 95.760 | 0 | get 0.0000% / 8h | 1h 29m | $9.2M | $16.9M | 100x |
| Short | GMX BRENTOIL/USD [ETH-USDC] | 95.855 | L +0.0053% / S +0.0090% | pay 0.0011% / 1h | 29m 52s | $54K | — | 111x |
Gate BZ_USDT
GMX BRENTOIL/USD [ETH-USDC]Price 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
- $9.92
- Funding while held
- −$2.7
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$19.78
- Spread needed to break even
- 0.270%
Slippage unknown: Gate: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0090%
- Per $10,000 a day
- −$2.70
- 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, 5 min ago | 1.04 bp | 10.2 bp −$10 | 18.8 bp −$188 | 33.0 bp −$3,304 | 46.7 bp −$23.4K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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
HTX95.500+10.229%
Injective
HTXGate95.760+10.529%
Ondo Perps95.770+10.540%Bitget95.800+10.575%Binance95.808+10.585%Bybit95.810+10.587%OKX95.810+10.587%Paradex95.825+10.604%RISEx95.827+10.606%Lighter95.850+10.633%
Ondo Perps
Bitget
Binance
Bybit
OKX
Paradex
RISEx
LighterGMX95.855+10.639%
Hotstuff95.860+10.644%SunX95.860+10.644%Extended95.868+10.654%tradeXYZ95.870+10.656%Deribit95.870+10.656%Polymarket Perps95.882+10.670%BloFin95.890+10.679%Kraken Futures95.890+10.679%Aster95.895+10.685%Variational Omni95.902+10.693%KuCoin95.930+10.725%ApeX Omni96.010+10.817%edgeX96.034+10.845%Aftermath Perps96.059+10.874%gTrade (Gains Network)96.539+11.428%Coinbase International96.560+11.452%Phemex96.720+11.637%Vest99.260+14.569%
Hotstuff
SunX
Extended
tradeXYZ
Deribit
Polymarket Perps
BloFin
Kraken Futures
Aster
Variational Omni
KuCoin
ApeX Omni
gTrade (Gains Network)
Coinbase International
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 | −9.526% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.272% | 0.0000% | 4h | $285K | $121K | 75x | as long as short |
| Gate BZ_USDTlong | 0.000% | 0.0000% | 8h | $9.2M | $16.9M | 100x | |
| Ondo Perps BRENT-USD.P | +0.010% | +0.0050% | 1h | $3.0M | $908K | 15x | as long as short |
| Bitget BZUSDT | +0.042% | 0.0000% | 4h | $28.3M | $19.1M | 100x | as long as short |
| Binance BZUSDT | +0.051% | −0.0016% | 4h | $148.8M | $397.6M | 100x | as long as short |
| Bybit BZUSDT | +0.052% | 0.0000% | 8h | $10.8M | $14.2M | 100x | as long as short |
| OKX BZ-USDT-SWAP | +0.052% | 0.0000% | 4h | $16.5M | $28.8M | 50x | as long as short |
| Paradex BZ-USD-PERP | +0.068% | +0.0046% | 8h | $3K | $282 | 5x | as long as short |
| RISEx BZ/USDC | +0.069% | −0.0016% | 1h | $2.3M | $370K | 20x | as long as short |