After costs, if the gap returns to its 7d average, $10k−$78
spread now−0.110%7d average+0.019%fees + slippage, in and out−$65spread needed0.652%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BRENTOILUSD | 95.285 | −0.0215 | get 0.0027% / 1h | 8m 21s | $80K | $337K | 20x |
| Short | KuCoin BZUSDTM | 95.180 | 0.0100 | get 0.0050% / 4h | 3h 08m | $3.7M | $928K | 50x |
Kraken Futures PF_BRENTOILUSD
KuCoin BZUSDTMPrice 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
- −$11.03
- Funding while held
- $9.44
- Slippage, 4 orders
- −$43.24
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$66.83
- Spread needed to break even
- 0.652%
Slippage from Kraken Futures: live order book, 36 min ago; KuCoin: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0315%
- Per $10,000 a day
- +$9.44
- 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 Kraken Futures live order book, 36 min ago | 4.35 bp | 12.4 bp −$12 | 31.7 bp −$317 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.57 bp | 14.9 bp −$15 | 44.4 bp −$444 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective85.735cheapest
Gate95.160+10.993%
Injective
GateKuCoin95.180+11.017%
Bybit95.190+11.028%OKX95.190+11.028%Lighter95.200+11.040%Binance95.200+11.040%Bitget95.200+11.040%BloFin95.200+11.040%GMX95.205+11.046%Paradex95.218+11.061%Ondo Perps95.220+11.063%HTX95.230+11.075%SunX95.240+11.086%Polymarket Perps95.252+11.100%RISEx95.255+11.104%tradeXYZ95.259+11.109%Aster95.261+11.111%Extended95.262+11.112%ApeX Omni95.270+11.121%Deribit95.270+11.121%
Bybit
OKX
Lighter
Binance
Bitget
BloFin
GMX
Paradex
Ondo Perps
HTX
SunX
Polymarket Perps
RISEx
tradeXYZ
Aster
Extended
ApeX Omni
DeribitKraken Futures95.285+11.139%
Hotstuff95.290+11.145%Variational Omni95.294+11.150%Aftermath Perps95.300+11.157%edgeX95.310+11.168%Phemex95.360+11.226%Coinbase International95.480+11.366%gTrade (Gains Network)95.955+11.921%Vest99.220+15.729%
Hotstuff
Variational Omni
Phemex
Coinbase International
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 | −10.023% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Gate BZ_USDT | −0.131% | 0.0000% | 8h | $9.1M | $18.4M | 100x | as long as short |
| KuCoin BZUSDTMshort | −0.110% | +0.0100% | 4h | $3.7M | $928K | 50x | |
| Bybit BZUSDT | −0.100% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.100% | 0.0000% | 4h | $15.8M | $31.2M | 50x | as long as short |
| Lighter BRENTOIL | −0.089% | +0.0032% | 1h | $3.2M | $4.1M | 20x | as long as short |
| Binance BZUSDT | −0.089% | −0.0002% | 4h | $144.6M | $450.0M | 100x | as long as short |
| Bitget BZUSDT | −0.089% | 0.0000% | 4h | $27.5M | $22.3M | 100x | as long as short |
| BloFin BZ-USDT | −0.089% | +0.0027% | 4h | $1.5M | $79K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.084% | L +0.0020% / S +0.0062% | 1h | $40K | — | 111x | as long as short |