After costs, if the gap returns to its 7d average, $10k−$58
spread now+0.073%7d average+0.058%fees + slippage, in and out−$59spread needed0.592%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BZ_USDT | 96.120 | 0 | get 0.0000% / 8h | 5h 46m | $9.2M | $18.5M | 100x |
| Short | Kraken Futures PF_BRENTOILUSD | 96.190 | 0.0085 | get 0.0011% / 1h | 46m 00s | $81K | $306K | 20x |
Gate BZ_USDT
Kraken Futures PF_BRENTOILUSDPrice 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
- $7.31
- Funding while held
- $2.56
- Slippage, 4 orders
- −$34.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$49.36
- Spread needed to break even
- 0.592%
Slippage from Gate: live order book, 4 min ago; Kraken Futures: live order book, 53 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0085%
- Per $10,000 a day
- +$2.56
- 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 | 1.04 bp | 12.6 bp −$13 | 18.8 bp −$188 | 33.3 bp −$3,329 | 47.3 bp −$23.7K |
| Sell Kraken Futures live order book, 53 min ago | 5.60 bp | 20.9 bp −$21 | 36.7 bp −$367 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.379cheapest
Coinbase International95.950+11.080%Phemex96.090+11.242%Variational Omni96.117+11.274%
Injective
Coinbase International
Phemex
Variational OmniGate96.120+11.277%
edgeX96.122+11.279%HTX96.130+11.289%OKX96.140+11.300%Aster96.143+11.304%GMX96.155+11.318%Bybit96.160+11.323%Ondo Perps96.160+11.323%KuCoin96.160+11.323%Binance96.165+11.329%Aftermath Perps96.170+11.335%Lighter96.170+11.335%Bitget96.170+11.335%SunX96.190+11.358%BloFin96.190+11.358%
HTX
OKX
Aster
GMX
Bybit
Ondo Perps
KuCoin
Binance
Lighter
Bitget
SunX
BloFinKraken Futures96.190+11.358%
RISEx96.190+11.359%Paradex96.191+11.359%Extended96.198+11.367%Deribit96.200+11.370%tradeXYZ96.210+11.381%ApeX Omni96.210+11.381%Hotstuff96.220+11.393%Polymarket Perps96.228+11.402%gTrade (Gains Network)96.885+12.163%Vest100.22+16.024%
RISEx
Paradex
Extended
Deribit
tradeXYZ
ApeX Omni
Hotstuff
Polymarket Perps
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 | −10.134% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.177% | −0.0040% | 1h | $231K | $855K | 15x | as long as short |
| Phemex XBRUSDT | −0.031% | 0.0000% | 4h | $1.2M | $101K | 100x | as long as short |
| Variational Omni BZ | −0.003% | 0.0000% | 4h | $9.6M | $12.3M | — | as long as short |
| Gate BZ_USDTlong | 0.000% | 0.0000% | 8h | $9.2M | $18.5M | 100x | |
| edgeX BZUSDC | +0.002% | +0.0014% | 4h | $220K | $235K | 20x | as long as short |
| HTX BRENTOIL-USDT | +0.010% | 0.0000% | 4h | $284K | $162K | 75x | as long as short |
| OKX BZ-USDT-SWAP | +0.021% | 0.0000% | 4h | $15.9M | $30.0M | 50x | as long as short |
| Aster BZUSDT | +0.024% | 0.0000% | 4h | $330K | $1.6M | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | +0.036% | L +0.0014% / S +0.0047% | 1h | $35K | — | 111x | as long as short |