After costs, if the gap returns to its 7d average, $10k−$57
spread now+0.068%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 | KuCoin BZUSDTM | 95.220 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $3.7M | $928K | 50x |
| Short | Kraken Futures PF_BRENTOILUSD | 95.285 | −0.0215 | pay 0.0027% / 1h | 8m 43s | $80K | $337K | 20x |
Price 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
- $6.84
- Funding while held
- −$9.44
- Slippage, 4 orders
- −$43.24
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$67.85
- Spread needed to break even
- 0.652%
Slippage from KuCoin: live order book, 5 min ago; Kraken Futures: live order book, 36 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 KuCoin live order book, 5 min ago | 1.57 bp | 14.9 bp −$15 | 44.6 bp −$446 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 36 min ago | 4.35 bp | 23.0 bp −$23 | 39.5 bp −$395 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.BZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −9.961% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| OKX BZ-USDT-SWAP | −0.042% | 0.0000% | 4h | $15.8M | $31.2M | 50x | as long as short |
| Bitget BZUSDT | −0.042% | 0.0000% | 4h | $27.5M | $22.3M | 100x | as long as short |
| Binance BZUSDT | −0.035% | −0.0002% | 4h | $144.5M | $450.0M | 100x | as long as short |
| Bybit BZUSDT | −0.032% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| Gate BZ_USDT | −0.032% | 0.0000% | 8h | $9.1M | $18.4M | 100x | as long as short |
| Lighter BRENTOIL | −0.021% | +0.0032% | 1h | $3.2M | $4.1M | 20x | as long as short |
| BloFin BZ-USDT | −0.021% | +0.0027% | 4h | $1.5M | $79K | 50x | as long as short |
| KuCoin BZUSDTMlong | 0.000% | +0.0100% | 4h | $3.7M | $928K | 50x | |
| HTX BRENTOIL-USDT | +0.011% | 0.0000% | 4h | $281K | $140K | 75x | as long as short |
KuCoin BZUSDTM
Kraken Futures PF_BRENTOILUSD
Injective
OKX
Bitget
Binance
Bybit
Gate
Lighter
BloFin
HTX
GMX
SunX
Paradex
tradeXYZ
ApeX Omni
Deribit
Polymarket Perps
RISEx
Aster
Variational Omni
Extended
Phemex
Coinbase International
gTrade (Gains Network)