Spread before costs (cost unknown: a leg has no order-book sample)−0.037%
7d average—if it closes, per $10,000$4funding while held, a day−$0.54
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BRENTOIL/USD [ETH-USDC] | 95.445 | L +0.0018% / S +0.0043% | pay 0.0002% / 1h | 51m 10s | $35K | — | 111x |
| Short | Gate BZ_USDT | 95.410 | 0 | get 0.0000% / 8h | 6h 51m | $9.2M | $18.4M | 100x |
GMX BRENTOIL/USD [ETH-USDC]
Gate BZ_USDTPrice 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
- −$3.67
- Funding while held
- −$0.54
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$31.21
- Spread needed to break even
- 0.270%
Slippage unknown: GMX: no order-book sample; Gate: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0018%
- Per $10,000 a day
- −$0.54
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 4 min ago | 0.52 bp | 11.2 bp −$11 | 16.6 bp −$166 | 28.5 bp −$2,852 | 40.7 bp −$20.3K |
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.Injective94.482cheapest
InjectiveGate95.410+0.982%
Ondo Perps95.420+0.993%OKX95.430+1.003%BloFin95.430+1.003%Bybit95.440+1.014%Bitget95.440+1.014%Binance95.443+1.018%
Ondo Perps
OKX
BloFin
Bybit
Bitget
BinanceGMX95.445+1.019%
Lighter95.450+1.025%KuCoin95.450+1.025%Paradex95.464+1.039%edgeX95.469+1.044%SunX95.470+1.046%Coinbase International95.480+1.056%HTX95.480+1.056%tradeXYZ95.491+1.068%Aftermath Perps95.492+1.069%Aster95.500+1.077%Kraken Futures95.507+1.085%Extended95.508+1.086%Polymarket Perps95.515+1.093%RISEx95.519+1.097%Hotstuff95.520+1.099%Variational Omni95.529+1.108%ApeX Omni95.540+1.120%Deribit95.550+1.130%Phemex95.670+1.257%gTrade (Gains Network)96.172+1.788%Vest99.460+5.269%
Lighter
KuCoin
Paradex
SunX
Coinbase International
HTX
tradeXYZ
Aster
Kraken Futures
Extended
Polymarket Perps
RISEx
Hotstuff
Variational Omni
ApeX Omni
Deribit
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 | −1.009% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Gate BZ_USDTshort | −0.037% | 0.0000% | 8h | $9.2M | $18.4M | 100x | |
| Ondo Perps BRENT-USD.P | −0.026% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| OKX BZ-USDT-SWAP | −0.016% | 0.0000% | 4h | $15.8M | $31.0M | 50x | as long as short |
| BloFin BZ-USDT | −0.016% | +0.0050% | 4h | $1.5M | $80K | 50x | as long as short |
| Bybit BZUSDT | −0.005% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| Bitget BZUSDT | −0.005% | 0.0000% | 4h | $27.6M | $22.4M | 100x | as long as short |
| Binance BZUSDT | −0.002% | −0.0010% | 4h | $144.9M | $452.2M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC]long | 0.000% | L +0.0018% / S +0.0043% | 1h | $35K | — | 111x | |
| Lighter BRENTOIL | +0.005% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |