Spread before costs (cost unknown: a leg has no order-book sample)−9.883%
7d average—if it closes, per $10,000$988funding while held, a day−$9.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BZUSDTM | 96.030 | 0.0100 | pay 0.0050% / 4h | 24m 50s | $3.7M | $891K | 50x |
| Short | Injective BRENT/USDC PERP | 86.539 | −0.0220 | pay 0.0028% / 1h | 24m 50s | $13K | $97 | 30x |
KuCoin BZUSDTM
Injective BRENT/USDC PERPPrice 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
- −$988.34
- Funding while held
- −$9.6
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,009.96
- Spread needed to break even
- 0.120%
Slippage unknown: KuCoin: live order book, 9 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0320%
- Per $10,000 a day
- −$9.60
- 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 KuCoin live order book, 9 min ago | 1.56 bp | 16.5 bp −$16 | 44.5 bp −$445 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.Injective86.539cheapest
Ondo Perps96.000+10.933%Gate96.000+10.933%
Ondo Perps
GateKuCoin96.030+10.967%
GMX96.035+10.973%Bitget96.040+10.979%OKX96.050+10.990%Deribit96.050+10.990%Binance96.050+10.991%Bybit96.060+11.002%HTX96.060+11.002%Kraken Futures96.064+11.007%RISEx96.070+11.013%Paradex96.077+11.021%Variational Omni96.077+11.021%SunX96.080+11.025%BloFin96.080+11.025%Extended96.096+11.044%Lighter96.100+11.048%Polymarket Perps96.102+11.051%edgeX96.106+11.055%tradeXYZ96.110+11.060%Aster96.132+11.085%Aftermath Perps96.175+11.134%Hotstuff96.180+11.141%ApeX Omni96.190+11.152%Coinbase International96.320+11.302%Phemex96.400+11.395%gTrade (Gains Network)96.778+11.831%Vest100.14+15.717%
GMX
Bitget
OKX
Deribit
Binance
Bybit
HTX
Kraken Futures
RISEx
Paradex
Variational Omni
SunX
BloFin
Extended
Lighter
Polymarket Perps
tradeXYZ
Aster
Hotstuff
ApeX Omni
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 PERPshort | −9.883% | −0.0220% | 1h | $13K | $97 | 30x | |
| Ondo Perps BRENT-USD.P | −0.031% | +0.0013% | 1h | $3.0M | $910K | 15x | as long as short |
| Gate BZ_USDT | −0.031% | 0.0000% | 8h | $9.2M | $17.5M | 100x | as long as short |
| KuCoin BZUSDTMlong | 0.000% | +0.0100% | 4h | $3.7M | $891K | 50x | |
| GMX BRENTOIL/USD [ETH-USDC] | +0.005% | L +0.0037% / S +0.0056% | 1h | $43K | — | 111x | as long as short |
| Bitget BZUSDT | +0.010% | 0.0000% | 4h | $28.4M | $20.0M | 100x | as long as short |
| OKX BZ-USDT-SWAP | +0.021% | 0.0000% | 4h | $16.2M | $30.1M | 50x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.021% | −0.0166% | 1h | $103K | $255K | 15x | as long as short |
| Binance BZUSDT | +0.021% | −0.0003% | 4h | $146.7M | $420.5M | 100x | as long as short |
| Bybit BZUSDT | +0.031% | 0.0000% | 8h | $10.8M | $15.2M | 100x | as long as short |