After costs, if the gap returns to its 7d average, $10k−$9
spread now+0.031%7d average−0.073%fees + slippage, in and out−$19spread needed0.193%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BRENTOIL | 96.730 | 0.0032 | pay 0.0004% / 1h | 28m 52s | $3.3M | $3.6M | 20x |
| Short | BloFin BZ-USDT | 96.760 | 0.0039 | get 0.0020% / 4h | 2h 28m | $1.6M | $56K | 50x |
Lighter BRENTOIL
BloFin BZ-USDTPrice 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
- $3.1
- Funding while held
- $0.21
- Slippage, 4 orders
- −$7.34
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.03
- Spread needed to break even
- 0.193%
Slippage from Lighter: live order book, 5 min ago; BloFin: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0007%
- Per $10,000 a day
- +$0.21
- 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 Lighter live order book, 5 min ago | 1.03 bp | 2.0 bp −$2 | 5.3 bp −$53 | 18.0 bp −$1,795 | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.55 bp | 7.9 bp −$8 | 10.4 bp −$104 | 24.7 bp −$2,475 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective95.910cheapestCoinbase International96.560+0.678%GMX96.565+0.683%Paradex96.573+0.691%Ondo Perps96.580+0.699%ApeX Omni96.610+0.730%Polymarket Perps96.630+0.751%HTX96.630+0.751%Hotstuff96.640+0.761%RISEx96.657+0.778%Aftermath Perps96.665+0.787%Variational Omni96.666+0.788%Kraken Futures96.673+0.795%edgeX96.688+0.811%Deribit96.700+0.824%SunX96.720+0.845%
Injective
Coinbase International
GMX
Paradex
Ondo Perps
ApeX Omni
Polymarket Perps
HTX
Hotstuff
RISEx
Variational Omni
Kraken Futures
Deribit
SunXLighter96.730+0.855%
Gate96.730+0.855%Aster96.734+0.859%tradeXYZ96.760+0.886%
Gate
Aster
tradeXYZBloFin96.760+0.886%
Bitget96.770+0.897%Binance96.800+0.928%Extended96.802+0.930%Bybit96.820+0.949%KuCoin96.820+0.949%OKX96.830+0.959%Phemex97.000+1.136%gTrade (Gains Network)97.409+1.563%Vest100.10+4.369%
Bitget
Binance
Extended
Bybit
KuCoin
OKX
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 | −0.848% | −0.0220% | 1h | $15K | $97 | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.176% | −0.0088% | 1h | $259K | $659K | 15x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.171% | L +0.0079% / S +0.0073% | 1h | $53K | — | 111x | as long as short |
| Paradex BZ-USD-PERP | −0.162% | +0.0043% | 8h | $3K | $282 | 5x | as long as short |
| Ondo Perps BRENT-USD.P | −0.155% | +0.0050% | 1h | $3.1M | $979K | 15x | as long as short |
| ApeX Omni BZUSDT | −0.124% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Polymarket Perps BRENTOIL-USD | −0.103% | +0.0050% | 1h | $1.6M | $500K | 20x | as long as short |
| HTX BRENTOIL-USDT | −0.103% | 0.0000% | 4h | $289K | $133K | 75x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.093% | +0.0136% | 1h | $33K | — | 20x | as long as short |
| RISEx BZ/USDC | −0.076% | 0.0000% | 1h | $2.3M | $350K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps BRENTUSD | −0.068% | −0.0021% | 1h | $7K | $50K | 5x | as long as short |
| Variational Omni BZ | −0.066% | −0.0014% | 4h | $10.1M | $11.5M | — | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.059% | −0.0138% | 1h | $174K | $347K | 20x | as long as short |
| edgeX BZUSDC | −0.043% | −0.0045% | 4h | $221K | $237K | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.031% | 0.0000% | 1h | $136K | $164K | 15x | as long as short |
| SunX BRENTOIL-USDT | −0.010% | 0.0000% | 4h | $4K | $2.2M | 20x | as long as short |
| Lighter BRENTOILlong | 0.000% | +0.0032% | 1h | $3.3M | $3.6M | 20x | |
| Gate BZ_USDT | 0.000% | 0.0000% | 8h | $9.3M | $16.2M | 100x | as long as short |
| Aster BZUSDT | +0.004% | −0.0059% | 4h | $339K | $1.5M | 50x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.031% | +0.0050% | 1h | $144.0M | $106.2M | 20x | as long as short |
| BloFin BZ-USDTshort | +0.031% | +0.0039% | 4h | $1.6M | $56K | 50x | |
| Bitget BZUSDT | +0.041% | 0.0000% | 4h | $28.8M | $18.2M | 100x | as long as short |
| Binance BZUSDT | +0.072% | −0.0057% | 4h | $149.4M | $366.7M | 100x | as long as short |
| Extended XBR-USD | +0.075% | +0.0032% | 1h | $704K | $4.7M | 10x | as long as short |
| Bybit BZUSDT | +0.093% | 0.0000% | 8h | $10.9M | $13.3M | 100x | as long as short |
| KuCoin BZUSDTM | +0.093% | +0.0100% | 4h | $3.7M | $858K | 50x | as long as short |
| OKX BZ-USDT-SWAP | +0.103% | 0.0000% | 4h | $16.8M | $28.2M | 50x | as long as short |
| Phemex XBRUSDT | +0.279% | +0.0044% | 4h | $1.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.702% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +3.484% | −0.0141% | 1h | — | — | 10x | as long as short |