After costs, if the gap returns to its 7d average, $10k−$50
spread now−0.032%7d average+0.029%fees + slippage, in and out−$44spread needed0.437%
| 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 36s | $80K | $337K | 20x |
| Short | RISEx BZ/USDC | 95.255 | −0.0024 | pay 0.0003% / 1h | 8m 36s | $2.1M | $1.0M | 20x |
Kraken Futures PF_BRENTOILUSD
RISEx BZ/USDCPrice 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
- −$3.2
- Funding while held
- $5.74
- Slippage, 4 orders
- −$27.71
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$41.18
- Spread needed to break even
- 0.437%
Slippage from Kraken Futures: live order book, 36 min ago; RISEx: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0191%
- Per $10,000 a day
- +$5.74
- 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 RISEx live order book, 2 min ago | 0.05 bp | 3.1 bp −$3 | 6.7 bp −$67 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective85.735cheapest
Gate95.150+10.982%KuCoin95.180+11.017%Bitget95.180+11.017%Binance95.190+11.028%Bybit95.190+11.028%OKX95.190+11.028%Lighter95.200+11.040%BloFin95.200+11.040%Paradex95.218+11.061%Ondo Perps95.220+11.063%HTX95.230+11.075%GMX95.235+11.081%SunX95.240+11.086%tradeXYZ95.246+11.093%
Injective
Gate
KuCoin
Bitget
Binance
Bybit
OKX
Lighter
BloFin
Paradex
Ondo Perps
HTX
GMX
SunX
tradeXYZRISEx95.255+11.104%
Extended95.262+11.112%ApeX Omni95.270+11.121%Deribit95.270+11.121%Polymarket Perps95.276+11.128%
Extended
ApeX Omni
Deribit
Polymarket PerpsKraken Futures95.285+11.139%
Aster95.290+11.145%Hotstuff95.290+11.145%Variational Omni95.294+11.150%edgeX95.310+11.168%Aftermath Perps95.313+11.172%Phemex95.360+11.226%Coinbase International95.480+11.366%gTrade (Gains Network)95.978+11.947%Vest99.260+15.775%
Aster
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 | −0.142% | 0.0000% | 8h | $9.1M | $18.4M | 100x | as long as short |
| KuCoin BZUSDTM | −0.110% | +0.0100% | 4h | $3.7M | $928K | 50x | as long as short |
| Bitget BZUSDT | −0.110% | 0.0000% | 4h | $27.5M | $22.3M | 100x | as long as short |
| Binance BZUSDT | −0.100% | −0.0002% | 4h | $144.5M | $450.0M | 100x | as long as short |
| 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 |
| BloFin BZ-USDT | −0.089% | +0.0027% | 4h | $1.5M | $79K | 50x | as long as short |
| Paradex BZ-USD-PERP | −0.071% | +0.0041% | 8h | $3K | $282 | 5x | as long as short |