After costs, if the gap returns to its 7d average, $10k−$14
spread now−0.135%7d average−0.171%fees + slippage, in and out−$17spread needed0.174%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BRENTOIL | 96.080 | 0.0032 | pay 0.0004% / 1h | 44m 39s | $3.2M | $4.1M | 20x |
| Short | Coinbase International BRENTOIL-PERP-INTX | 95.950 | −0.0040 | pay 0.0005% / 1h | 44m 39s | $231K | $855K | 15x |
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
- −$13.53
- Funding while held
- −$2.16
- Slippage, 4 orders
- −$7.38
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$33.07
- Spread needed to break even
- 0.174%
Slippage from Lighter: live order book, 4 min ago; Coinbase International: live order book, 55 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0072%
- Per $10,000 a day
- −$2.16
- 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, 4 min ago | 1.04 bp | 1.2 bp −$1 | 2.5 bp −$25 | 12.3 bp −$1,227 | doesn't fit |
| Sell Coinbase International live order book, 55 min ago | 2.09 bp | 7.1 bp −$7 | 8.1 bp −$81 | 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 | −10.097% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTXshort | −0.135% | −0.0040% | 1h | $231K | $855K | 15x | |
| Gate BZ_USDT | −0.083% | 0.0000% | 8h | $9.2M | $18.5M | 100x | as long as short |
| KuCoin BZUSDTM | −0.062% | +0.0100% | 4h | $3.8M | $944K | 50x | as long as short |
| Bitget BZUSDT | −0.042% | 0.0000% | 4h | $27.7M | $23.0M | 100x | as long as short |
| BloFin BZ-USDT | −0.042% | −0.0058% | 4h | $1.5M | $82K | 50x | as long as short |
| Bybit BZUSDT | −0.031% | 0.0000% | 8h | $10.5M | $16.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.031% | 0.0000% | 4h | $15.9M | $30.0M | 50x | as long as short |
| Binance BZUSDT | −0.021% | 0.0000% | 4h | $144.2M | $461.7M | 100x | as long as short |
| Phemex XBRUSDT | −0.021% | 0.0000% | 4h | $1.2M | $101K | 100x | as long as short |
Lighter BRENTOIL
Coinbase International BRENTOIL-PERP-INTX
Injective
Gate
KuCoin
Bitget
BloFin
Bybit
OKX
Binance
Phemex
Aster
Paradex
tradeXYZ
Extended
GMX
SunX
HTX
Kraken Futures
Deribit
Polymarket Perps
RISEx
Variational Omni
ApeX Omni
gTrade (Gains Network)