Spread before costs (cost unknown: a leg has no order-book sample)+0.037%
7d average−0.018%if it closes, per $10,000$4funding while held, a day+$6.45
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BRENTOILUSD | 95.148 | −0.0215 | get 0.0027% / 1h | 37m 25s | $80K | $359K | 20x |
| Short | Variational Omni BZ | 95.184 | 0 | get 0.0000% / 4h | 3h 37m | $9.5M | $11.9M | — |
Kraken Futures PF_BRENTOILUSD
Variational Omni BZPrice 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
- $3.74
- Funding while held
- $6.45
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $0.19
- Spread needed to break even
- 0.100%
Slippage unknown: Kraken Futures: live order book, 7 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0215%
- Per $10,000 a day
- +$6.45
- 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, 7 min ago | 4.35 bp | 12.4 bp −$12 | 31.7 bp −$317 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 2.64 bp | doesn't fit | 4.2 bp −$42 | 15.3 bp −$1,535 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective94.613cheapestedgeX95.063+0.475%HTX95.080+0.494%BloFin95.080+0.494%Aster95.115+0.531%Bybit95.120+0.536%Gate95.130+0.546%Bitget95.130+0.546%Ondo Perps95.140+0.557%ApeX Omni95.140+0.557%
Injective
HTX
BloFin
Aster
Bybit
Gate
Bitget
Ondo Perps
ApeX OmniKraken Futures95.148+0.565%
OKX95.150+0.568%Lighter95.160+0.578%KuCoin95.160+0.578%Extended95.165+0.583%GMX95.165+0.583%SunX95.170+0.589%Deribit95.170+0.589%Paradex95.176+0.595%RISEx95.178+0.597%Polymarket Perps95.180+0.599%
OKX
Lighter
KuCoin
Extended
GMX
SunX
Deribit
Paradex
RISEx
Polymarket PerpsVariational Omni95.184+0.603%
Hotstuff95.190+0.610%Binance95.191+0.611%tradeXYZ95.204+0.625%Aftermath Perps95.254+0.677%Coinbase International95.480+0.916%Phemex95.530+0.969%gTrade (Gains Network)95.882+1.341%Vest99.250+4.901%
Hotstuff
Binance
tradeXYZ
Coinbase International
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 | −0.562% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| edgeX BZUSDC | −0.090% | +0.0013% | 4h | $217K | $236K | 20x | as long as short |
| HTX BRENTOIL-USDT | −0.071% | 0.0000% | 4h | $281K | $130K | 75x | as long as short |
| BloFin BZ-USDT | −0.071% | −0.0002% | 4h | $1.5M | $78K | 50x | as long as short |
| Aster BZUSDT | −0.034% | 0.0000% | 4h | $346K | $1.6M | 50x | as long as short |
| Bybit BZUSDT | −0.029% | 0.0000% | 8h | $10.5M | $16.1M | 100x | as long as short |
| Gate BZ_USDT | −0.019% | 0.0000% | 8h | $9.1M | $18.1M | 100x | as long as short |
| Bitget BZUSDT | −0.019% | 0.0000% | 4h | $27.4M | $22.0M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | −0.008% | +0.0050% | 1h | $3.0M | $990K | 15x | as long as short |
| ApeX Omni BZUSDT | −0.008% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |