Spread before costs (cost unknown: a leg has no order-book sample)−0.094%
7d average—if it closes, per $10,000$9funding while held, a day−$1.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff BRENTOIL-PERP | 95.530 | 0.0048 | pay 0.0006% / 1h | 58m 22s | $33K | — | 20x |
| Short | Gate BZ_USDT | 95.440 | 0 | get 0.0000% / 8h | 6h 58m | $9.2M | $18.3M | 100x |
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
- −$9.42
- Funding while held
- −$1.44
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$30.86
- Spread needed to break even
- 0.200%
Slippage unknown: Hotstuff: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0048%
- Per $10,000 a day
- −$1.44
- 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 2 min ago | 0.52 bp | 10.8 bp −$11 | 23.6 bp −$236 | 35.6 bp −$3,563 | 47.8 bp −$23.9K |
Hotstuff: 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 | −1.097% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| edgeX BZUSDC | −0.275% | +0.0006% | 4h | $218K | $236K | 20x | as long as short |
| Variational Omni BZ | −0.259% | 0.0000% | 4h | $9.4M | $12.2M | — | as long as short |
| HTX BRENTOIL-USDT | −0.209% | 0.0000% | 4h | $282K | $135K | 75x | as long as short |
| ApeX Omni BZUSDT | −0.178% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Aftermath Perps BRENTUSD | −0.162% | −0.0055% | 1h | $6K | $49K | 5x | as long as short |
| KuCoin BZUSDTM | −0.115% | +0.0100% | 4h | $3.7M | $928K | 50x | as long as short |
| BloFin BZ-USDT | −0.115% | −0.0024% | 4h | $1.5M | $79K | 50x | as long as short |
| Bybit BZUSDT | −0.094% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| Gate BZ_USDTshort | −0.094% | 0.0000% | 8h | $9.2M | $18.3M | 100x |
Gate BZ_USDT
Injective
Variational Omni
HTX
ApeX Omni
KuCoin
BloFin
Bybit
OKX
Bitget
SunX
Binance
GMX
Coinbase International
Kraken Futures
Paradex
Polymarket Perps
Aster
Lighter
tradeXYZ
Extended
RISEx
Deribit
Phemex
gTrade (Gains Network)