Spread before costs (cost unknown: a leg has no order-book sample)+0.061%
7d average—if it closes, per $10,000$6funding while held, a day+$2.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BRENTOIL/USD [ETH-USDC] | 96.370 | L +0.0012% / S +0.0049% | pay 0.0001% / 1h | 6m 27s | $35K | — | 111x |
| Short | Kraken Futures PF_BRENTOILUSD | 96.429 | 0.0085 | get 0.0011% / 1h | 6m 27s | $81K | $304K | 20x |
GMX BRENTOIL/USD [ETH-USDC]
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
- $6.13
- Funding while held
- $2.2
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$13.66
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 28 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0073%
- Per $10,000 a day
- +$2.20
- 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 Kraken Futures live order book, 28 min ago | 7.22 bp | 20.1 bp −$20 | 38.9 bp −$389 | doesn't fit | doesn't fit |
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.Injective86.610cheapest
Coinbase International96.180+11.050%HTX96.310+11.200%edgeX96.335+11.229%Variational Omni96.339+11.234%KuCoin96.360+11.257%Phemex96.360+11.257%Gate96.370+11.269%
Injective
Coinbase International
HTX
Variational Omni
KuCoin
Phemex
GateGMX96.370+11.269%
BloFin96.380+11.280%SunX96.390+11.292%Ondo Perps96.400+11.304%Aster96.405+11.310%OKX96.410+11.315%Bybit96.420+11.327%Deribit96.420+11.327%Binance96.427+11.334%
BloFin
SunX
Ondo Perps
Aster
OKX
Bybit
Deribit
BinanceKraken Futures96.429+11.337%
Aftermath Perps96.432+11.340%RISEx96.434+11.342%Paradex96.439+11.349%Bitget96.440+11.350%Lighter96.450+11.361%ApeX Omni96.450+11.361%Hotstuff96.460+11.373%tradeXYZ96.467+11.381%Extended96.468+11.382%Polymarket Perps96.469+11.383%gTrade (Gains Network)97.172+12.195%Vest100.51+16.049%
RISEx
Paradex
Bitget
Lighter
ApeX Omni
Hotstuff
tradeXYZ
Extended
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 | −10.128% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.197% | −0.0040% | 1h | $230K | $839K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.062% | 0.0000% | 4h | $284K | $163K | 75x | as long as short |
| edgeX BZUSDC | −0.036% | +0.0002% | 4h | $220K | $234K | 20x | as long as short |
| Variational Omni BZ | −0.032% | 0.0000% | 4h | $9.6M | $11.7M | — | as long as short |
| KuCoin BZUSDTM | −0.010% | +0.0100% | 4h | $3.8M | $950K | 50x | as long as short |
| Phemex XBRUSDT | −0.010% | 0.0000% | 4h | $1.2M | $100K | 100x | as long as short |
| Gate BZ_USDT | 0.000% | 0.0000% | 8h | $9.2M | $18.7M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC]long | 0.000% | L +0.0012% / S +0.0049% | 1h | $35K | — | 111x | |
| BloFin BZ-USDT | +0.010% | +0.0029% | 4h | $1.5M | $96K | 50x | as long as short |