Spread before costs (cost unknown: a leg has no order-book sample)+0.100%
7d average—if it closes, per $10,000$10funding while held, a day−$1.32
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BRENTOIL/USD [ETH-USDC] | 95.265 | L +0.0020% / S +0.0062% | pay 0.0003% / 1h | 10m 12s | $40K | — | 111x |
| Short | RISEx BZ/USDC | 95.360 | −0.0024 | pay 0.0003% / 1h | 10m 12s | $2.1M | $1.0M | 20x |
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
- $9.99
- Funding while held
- −$1.32
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$9.33
- Spread needed to break even
- 0.180%
Slippage unknown: GMX: no order-book sample; RISEx: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0044%
- Per $10,000 a day
- −$1.32
- 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 RISEx live order book, 5 min ago | 1.37 bp | 4.4 bp −$4 | 7.8 bp −$78 | 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.BZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −10.004% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Gate BZ_USDT | −0.037% | 0.0000% | 8h | $9.1M | $18.4M | 100x | as long as short |
| HTX BRENTOIL-USDT | −0.037% | 0.0000% | 4h | $281K | $140K | 75x | as long as short |
| Bybit BZUSDT | −0.016% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| KuCoin BZUSDTM | −0.016% | +0.0100% | 4h | $3.7M | $928K | 50x | as long as short |
| Bitget BZUSDT | −0.005% | 0.0000% | 4h | $27.6M | $22.3M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC]long | 0.000% | L +0.0020% / S +0.0062% | 1h | $40K | — | 111x | |
| Binance BZUSDT | +0.005% | 0.0000% | 4h | $144.9M | $449.8M | 100x | as long as short |
| OKX BZ-USDT-SWAP | +0.005% | 0.0000% | 4h | $15.8M | $31.2M | 50x | as long as short |
| ApeX Omni BZUSDT | +0.005% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
GMX BRENTOIL/USD [ETH-USDC]
RISEx BZ/USDC
Injective
Gate
HTX
Bybit
KuCoin
Bitget
Binance
OKX
ApeX Omni
Lighter
Deribit
BloFin
Variational Omni
Aster
Extended
SunX
Kraken Futures
Paradex
tradeXYZ
Polymarket Perps
Phemex
Coinbase International
gTrade (Gains Network)