After costs, if the gap returns to its 7d average, $10k−$59
spread now−0.070%7d average−0.058%fees + slippage, in and out−$58spread needed0.578%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BRENTOILUSD | 95.546 | −0.0324 | get 0.0041% / 1h | 44m 10s | $81K | $299K | 20x |
| Short | Gate BZ_USDT | 95.480 | 0 | get 0.0000% / 8h | 6h 44m | $9.2M | $18.4M | 100x |
Kraken Futures PF_BRENTOILUSD
Gate BZ_USDTPrice 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
- −$6.96
- Funding while held
- $9.72
- Slippage, 4 orders
- −$32.84
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$55.08
- Spread needed to break even
- 0.578%
Slippage from Kraken Futures: live order book, 60 min ago; Gate: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0324%
- Per $10,000 a day
- +$9.72
- 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 Kraken Futures live order book, 60 min ago | 4.35 bp | 12.4 bp −$12 | 31.7 bp −$317 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.05 bp | 11.9 bp −$12 | 17.9 bp −$179 | 30.2 bp −$3,017 | 42.7 bp −$21.3K |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective94.482cheapestHTX95.400+0.972%edgeX95.423+0.996%Variational Omni95.458+1.033%
Injective
HTX
Variational OmniGate95.480+1.056%
Bitget95.480+1.056%Coinbase International95.480+1.056%BloFin95.480+1.056%Aftermath Perps95.489+1.066%ApeX Omni95.490+1.067%Lighter95.500+1.077%OKX95.500+1.077%Hotstuff95.500+1.077%Bybit95.510+1.088%Binance95.511+1.089%GMX95.515+1.093%Aster95.516+1.095%Extended95.519+1.098%Deribit95.520+1.099%Paradex95.534+1.113%KuCoin95.540+1.120%SunX95.540+1.120%tradeXYZ95.544+1.124%
Bitget
Coinbase International
BloFin
ApeX Omni
Lighter
OKX
Hotstuff
Bybit
Binance
GMX
Aster
Extended
Deribit
Paradex
KuCoin
SunX
tradeXYZKraken Futures95.546+1.127%
Ondo Perps95.560+1.141%Polymarket Perps95.574+1.156%RISEx95.592+1.175%Phemex95.650+1.236%gTrade (Gains Network)96.208+1.827%Vest99.520+5.332%
Ondo Perps
Polymarket Perps
RISEx
Phemex
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 | −1.114% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.153% | 0.0000% | 4h | $282K | $125K | 75x | as long as short |
| edgeX BZUSDC | −0.130% | −0.0004% | 4h | $218K | $236K | 20x | as long as short |
| Variational Omni BZ | −0.092% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| Gate BZ_USDTshort | −0.070% | 0.0000% | 8h | $9.2M | $18.4M | 100x | |
| Bitget BZUSDT | −0.070% | 0.0000% | 4h | $27.6M | $22.4M | 100x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.070% | −0.0024% | 1h | $266K | $713K | 15x | as long as short |
| BloFin BZ-USDT | −0.070% | +0.0030% | 4h | $1.5M | $80K | 50x | as long as short |
| Aftermath Perps BRENTUSD | −0.060% | −0.0046% | 1h | $6K | $49K | 5x | as long as short |
| ApeX Omni BZUSDT | −0.059% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter BRENTOIL | −0.049% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |
| OKX BZ-USDT-SWAP | −0.049% | 0.0000% | 4h | $15.8M | $31.0M | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.049% | +0.0080% | 1h | $33K | — | 20x | as long as short |
| Bybit BZUSDT | −0.038% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| Binance BZUSDT | −0.037% | 0.0000% | 4h | $144.9M | $452.7M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.033% | L +0.0018% / S +0.0044% | 1h | $35K | — | 111x | as long as short |
| Aster BZUSDT | −0.032% | 0.0000% | 4h | $334K | $1.6M | 50x | as long as short |
| Extended XBR-USD | −0.028% | +0.0032% | 1h | $671K | $5.2M | 10x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.028% | 0.0000% | 1h | $102K | $282K | 15x | as long as short |
| Paradex BZ-USD-PERP | −0.014% | +0.0042% | 8h | $3K | $282 | 5x | as long as short |
| KuCoin BZUSDTM | −0.007% | +0.0100% | 4h | $3.7M | $923K | 50x | as long as short |
| SunX BRENTOIL-USDT | −0.007% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.003% | +0.0050% | 1h | $134.8M | $134.3M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSDlong | 0.000% | −0.0324% | 1h | $81K | $299K | 20x | |
| Ondo Perps BRENT-USD.P | +0.014% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.029% | +0.0050% | 1h | $1.5M | $549K | 20x | as long as short |
| RISEx BZ/USDC | +0.047% | 0.0000% | 1h | $2.1M | $1.0M | 20x | as long as short |
| Phemex XBRUSDT | +0.108% | 0.0000% | 4h | $1.2M | $98K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.692% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.159% | +0.0046% | 1h | — | $593K | 10x | as long as short |