Spread before costs (cost unknown: a leg has no order-book sample)+0.603%
7d average+0.274%if it closes, per $10,000$60funding while held, a day+$23.41
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BRENTOIL-USDT | 96.150 | 0 | get 0.0000% / 4h | 31m 44s | $286K | $123K | 75x |
| Short | Phemex XBRUSDT | 96.730 | 0.0780 | get 0.0390% / 4h | 31m 44s | $1.2M | $91K | 100x |
HTX BRENTOIL-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
- $60.32
- Funding while held
- $23.41
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $59.73
- Spread needed to break even
- 0.240%
Slippage unknown: HTX: live order book, 17 min ago; Phemex: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0780%
- Per $10,000 a day
- +$23.41
- 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 HTX live order book, 17 min ago | 2.60 bp | 8.6 bp −$9 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 14.51 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.Injective86.539cheapest
Ondo Perps96.140+11.094%
Injective
Ondo PerpsHTX96.150+11.106%
BloFin96.150+11.106%edgeX96.194+11.157%Hotstuff96.210+11.175%Gate96.210+11.175%Aftermath Perps96.213+11.179%Variational Omni96.226+11.194%Aster96.247+11.218%RISEx96.253+11.225%GMX96.255+11.227%SunX96.270+11.245%Deribit96.270+11.245%Polymarket Perps96.280+11.256%ApeX Omni96.290+11.268%Kraken Futures96.301+11.281%Extended96.304+11.284%Coinbase International96.310+11.291%tradeXYZ96.320+11.302%Binance96.330+11.314%OKX96.330+11.314%KuCoin96.330+11.314%Bybit96.340+11.326%Paradex96.347+11.334%Lighter96.360+11.349%Bitget96.360+11.349%
BloFin
Hotstuff
Gate
Variational Omni
Aster
RISEx
GMX
SunX
Deribit
Polymarket Perps
ApeX Omni
Kraken Futures
Extended
Coinbase International
tradeXYZ
Binance
OKX
KuCoin
Bybit
Paradex
Lighter
BitgetPhemex96.730+11.776%
gTrade (Gains Network)96.999+12.087%Vest100.24+15.832%
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 | −9.996% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Ondo Perps BRENT-USD.P | −0.010% | +0.0017% | 1h | $3.0M | $907K | 15x | as long as short |
| HTX BRENTOIL-USDTlong | 0.000% | 0.0000% | 4h | $286K | $123K | 75x | |
| BloFin BZ-USDT | 0.000% | −0.0053% | 4h | $1.6M | $73K | 50x | as long as short |
| edgeX BZUSDC | +0.046% | +0.0001% | 4h | $220K | $236K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.062% | +0.0184% | 1h | $33K | — | 20x | as long as short |
| Gate BZ_USDT | +0.062% | 0.0000% | 8h | $9.2M | $17.4M | 100x | as long as short |
| Aftermath Perps BRENTUSD | +0.066% | −0.0011% | 1h | $7K | $50K | 5x | as long as short |
| Variational Omni BZ | +0.079% | 0.0000% | 4h | $9.6M | $12.1M | — | as long as short |
| Aster BZUSDT | +0.101% | 0.0000% | 4h | $338K | $1.6M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| RISEx BZ/USDC | +0.107% | −0.0048% | 1h | $2.2M | $575K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | +0.109% | L +0.0039% / S +0.0055% | 1h | $43K | — | 111x | as long as short |
| SunX BRENTOIL-USDT | +0.125% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.125% | −0.0062% | 1h | $103K | $255K | 15x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.135% | +0.0050% | 1h | $1.6M | $566K | 20x | as long as short |
| ApeX Omni BZUSDT | +0.146% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.157% | +0.0066% | 1h | $82K | $363K | 20x | as long as short |
| Extended XBR-USD | +0.160% | +0.0032% | 1h | $685K | $5.0M | 10x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | +0.166% | −0.0048% | 1h | $259K | $667K | 15x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.177% | +0.0050% | 1h | $138.1M | $118.4M | 20x | as long as short |
| Binance BZUSDT | +0.187% | −0.0001% | 4h | $147.3M | $418.4M | 100x | as long as short |
| OKX BZ-USDT-SWAP | +0.187% | 0.0000% | 4h | $16.3M | $30.1M | 50x | as long as short |
| KuCoin BZUSDTM | +0.187% | +0.0100% | 4h | $3.7M | $890K | 50x | as long as short |
| Bybit BZUSDT | +0.198% | 0.0000% | 8h | $10.9M | $15.1M | 100x | as long as short |
| Paradex BZ-USD-PERP | +0.205% | +0.0045% | 8h | $3K | $282 | 5x | as long as short |
| Lighter BRENTOIL | +0.218% | +0.0032% | 1h | $3.2M | $3.8M | 20x | as long as short |
| Bitget BZUSDT | +0.218% | 0.0000% | 4h | $28.5M | $19.9M | 100x | as long as short |
| Phemex XBRUSDTshort | +0.603% | +0.0780% | 4h | $1.2M | $91K | 100x | |
| gTrade (Gains Network) BRENT/USD | +0.883% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.254% | −0.0086% | 1h | — | $441K | 10x | as long as short |