Spread before costs (cost unknown: a leg has no order-book sample)+11.822%
7d average—if it closes, per $10,000$1182funding while held, a day+$63.71
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BRENT/USDC PERP | 86.638 | −0.0220 | get 0.0028% / 1h | 25m 57s | $13K | $97 | 30x |
| Short | Phemex XBRUSDT | 96.880 | 0.1904 | get 0.0952% / 4h | 1h 25m | $1.2M | $86K | 100x |
Injective BRENT/USDC PERP
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
- $1,182.16
- Funding while held
- $63.71
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $1,233.85
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; Phemex: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2124%
- Per $10,000 a day
- +$63.71
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 0.51 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Injective: 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.Injective86.638cheapest
Binance95.870+10.656%
BinanceBitget95.870+10.656%
BitgetBybit95.890+10.679%
BybitOKX95.890+10.679%
OKXApeX Omni95.890+10.679%
ApeX OmniVariational Omni95.902+10.693%
Variational OmniExtended95.909+10.701%
ExtendedDeribit95.910+10.702%
DeribitAster95.920+10.714%
AsterGate95.920+10.714%
GateSunX95.940+10.737%
SunXtradeXYZ95.961+10.761%
tradeXYZGMX95.965+10.765%
GMXLighter95.980+10.783%
LighterHTX95.990+10.794%
HTXRISEx96.007+10.814%
RISExKraken Futures96.008+10.815%
Kraken FuturesOndo Perps96.010+10.817%
Ondo PerpsKuCoin96.020+10.829%
KuCoinParadex96.036+10.848%
ParadexPolymarket Perps96.041+10.853%
Polymarket PerpsBloFin96.050+10.864%
BloFinHotstuff96.100+10.921%
HotstuffCoinbase International96.560+11.452%
Coinbase InternationalgTrade (Gains Network)96.658+11.565%
gTrade (Gains Network)Phemex96.880+11.822%
Vest99.420+14.753%
VestBZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERPlong | 0.000% | −0.0220% | 1h | $13K | $97 | 30x | |
| edgeX BZUSDC | +10.564% | −0.0002% | 4h | $219K | $235K | 20x | as long as short |
| Binance BZUSDT | +10.656% | −0.0015% | 4h | $148.9M | $405.2M | 100x | as long as short |
| Bitget BZUSDT | +10.656% | 0.0000% | 4h | $28.4M | $19.2M | 100x | as long as short |
| Bybit BZUSDT | +10.679% | 0.0000% | 8h | $10.9M | $14.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | +10.679% | 0.0000% | 4h | $16.4M | $29.2M | 50x | as long as short |
| ApeX Omni BZUSDT | +10.679% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Variational Omni BZ | +10.693% | 0.0000% | 4h | $9.7M | $12.1M | — | as long as short |
| Extended XBR-USD | +10.701% | +0.0032% | 1h | $687K | $5.0M | 10x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +10.702% | −0.0271% | 1h | $103K | $239K | 15x | as long as short |