Spread before costs (cost unknown: a leg has no order-book sample)+1.011%
7d average+0.294%if it closes, per $10,000$101funding while held, a day+$55.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BZ_USDT | 95.950 | 0 | get 0.0000% / 8h | 1h 28m | $9.3M | $17.0M | 100x |
| Short | Phemex XBRUSDT | 96.920 | 0.1861 | get 0.0931% / 4h | 1h 28m | $1.2M | $86K | 100x |
Gate BZ_USDT
Phemex XBRUSDTPrice 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
- $101.09
- Funding while held
- $55.84
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $129.93
- Spread needed to break even
- 0.270%
Slippage unknown: Gate: live order book, 2 min ago; Phemex: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1861%
- Per $10,000 a day
- +$55.84
- 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, 2 min ago | 0.52 bp | 12.9 bp −$13 | 19.6 bp −$196 | 33.2 bp −$3,320 | 45.1 bp −$22.5K |
| Sell Phemex live order book, 1 min ago | 0.51 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.638cheapest
Hotstuff95.870+10.656%BloFin95.880+10.667%ApeX Omni95.890+10.679%Ondo Perps95.900+10.690%Variational Omni95.902+10.693%Aster95.946+10.744%
Injective
Hotstuff
BloFin
ApeX Omni
Ondo Perps
Variational Omni
AsterGate95.950+10.748%
HTX95.950+10.748%Paradex95.957+10.756%Lighter95.960+10.760%RISEx95.979+10.782%Bybit95.980+10.783%GMX95.985+10.789%tradeXYZ95.987+10.791%Binance95.990+10.794%Bitget95.990+10.794%Deribit95.990+10.794%Aftermath Perps96.003+10.809%Kraken Futures96.006+10.812%Extended96.006+10.813%Polymarket Perps96.008+10.815%OKX96.010+10.817%KuCoin96.020+10.829%SunX96.020+10.829%edgeX96.034+10.845%Coinbase International96.560+11.452%gTrade (Gains Network)96.671+11.581%
HTX
Paradex
Lighter
RISEx
Bybit
GMX
tradeXYZ
Binance
Bitget
Deribit
Kraken Futures
Extended
Polymarket Perps
OKX
KuCoin
SunX
Coinbase International
gTrade (Gains Network)Phemex96.920+11.868%
Vest99.380+14.707%
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 | −9.705% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.083% | +0.0056% | 1h | $33K | — | 20x | as long as short |
| BloFin BZ-USDT | −0.073% | +0.0019% | 4h | $1.6M | $62K | 50x | as long as short |
| ApeX Omni BZUSDT | −0.063% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Ondo Perps BRENT-USD.P | −0.052% | +0.0050% | 1h | $3.0M | $910K | 15x | as long as short |
| Variational Omni BZ | −0.050% | 0.0000% | 4h | $9.7M | $12.1M | — | as long as short |
| Aster BZUSDT | −0.004% | −0.0019% | 4h | $337K | $1.5M | 50x | as long as short |
| Gate BZ_USDTlong | 0.000% | 0.0000% | 8h | $9.3M | $17.0M | 100x | |
| HTX BRENTOIL-USDT | 0.000% | 0.0000% | 4h | $286K | $122K | 75x | as long as short |
| Paradex BZ-USD-PERP | +0.007% | +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 | |
|---|---|---|---|---|---|---|---|
| Lighter BRENTOIL | +0.010% | +0.0032% | 1h | $3.3M | $3.7M | 20x | as long as short |
| RISEx BZ/USDC | +0.031% | −0.0016% | 1h | $2.3M | $370K | 20x | as long as short |
| Bybit BZUSDT | +0.031% | 0.0000% | 8h | $10.8M | $14.3M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | +0.036% | L +0.0053% / S +0.0045% | 1h | $43K | — | 111x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.039% | +0.0050% | 1h | $140.6M | $111.9M | 20x | as long as short |
| Binance BZUSDT | +0.042% | −0.0016% | 4h | $149.1M | $404.1M | 100x | as long as short |
| Bitget BZUSDT | +0.042% | 0.0000% | 4h | $28.4M | $19.2M | 100x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.042% | −0.0062% | 1h | $103K | $239K | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.055% | +0.0030% | 1h | $7K | $51K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.058% | −0.0058% | 1h | $174K | $339K | 20x | as long as short |
| Extended XBR-USD | +0.058% | +0.0032% | 1h | $595K | $4.8M | 10x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.060% | +0.0050% | 1h | $1.6M | $512K | 20x | as long as short |
| OKX BZ-USDT-SWAP | +0.063% | 0.0000% | 4h | $16.4M | $29.2M | 50x | as long as short |
| KuCoin BZUSDTM | +0.073% | +0.0100% | 4h | $3.7M | $873K | 50x | as long as short |
| SunX BRENTOIL-USDT | +0.073% | 0.0000% | 4h | $4K | $2.4M | 20x | as long as short |
| edgeX BZUSDC | +0.087% | −0.0016% | 4h | $220K | $237K | 20x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | +0.636% | −0.0088% | 1h | $262K | $662K | 15x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.752% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Phemex XBRUSDTshort | +1.011% | +0.1861% | 4h | $1.2M | $86K | 100x | |
| Vest BZ-PERP | +3.575% | −0.0125% | 1h | — | $4K | 10x | as long as short |