After costs, if the gap returns to its 7d average, $10k−$9
spread now−0.010%7d average−0.059%fees + slippage, in and out−$14spread needed0.140%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BRENTOIL | 96.150 | 0.0032 | pay 0.0004% / 1h | 34m 16s | $3.2M | $3.8M | 20x |
| Short | Deribit BRENTOIL_USDC-PERPETUAL | 96.140 | −0.0166 | pay 0.0021% / 1h | 34m 16s | $103K | $255K | 15x |
Lighter BRENTOIL
Deribit BRENTOIL_USDC-PERPETUALPrice 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
- −$1.04
- Funding while held
- −$5.94
- Slippage, 4 orders
- −$7.01
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$20.99
- Spread needed to break even
- 0.140%
Slippage from Lighter: live order book, 10 min ago; Deribit: live order book, 61 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0198%
- Per $10,000 a day
- −$5.94
- 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, 10 min ago | 0.52 bp | 0.5 bp −$1 | 1.3 bp −$13 | 14.2 bp −$1,423 | doesn't fit |
| Sell Deribit live order book, 61 min ago | 1.56 bp | 5.1 bp −$5 | 7.5 bp −$75 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.539cheapest
Gate96.110+11.060%GMX96.115+11.066%Bybit96.120+11.071%Binance96.130+11.083%OKX96.130+11.083%SunX96.140+11.094%
Injective
Gate
GMX
Bybit
Binance
OKX
SunXDeribit96.140+11.094%
Lighter96.150+11.106%
HTX96.150+11.106%Extended96.167+11.126%Bitget96.170+11.129%tradeXYZ96.176+11.136%RISEx96.176+11.136%Ondo Perps96.180+11.141%Aftermath Perps96.187+11.148%Hotstuff96.190+11.152%Paradex96.193+11.156%Kraken Futures96.195+11.158%edgeX96.200+11.163%Aster96.200+11.164%Polymarket Perps96.201+11.165%KuCoin96.210+11.175%BloFin96.210+11.175%Variational Omni96.226+11.194%ApeX Omni96.280+11.256%Coinbase International96.310+11.291%Phemex96.650+11.684%gTrade (Gains Network)96.867+11.934%Vest100.06+15.624%
HTX
Extended
Bitget
tradeXYZ
RISEx
Ondo Perps
Hotstuff
Paradex
Kraken Futures
Aster
Polymarket Perps
KuCoin
BloFin
Variational Omni
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 PERP | −9.996% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Gate BZ_USDT | −0.042% | 0.0000% | 8h | $9.2M | $17.4M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.036% | L +0.0039% / S +0.0055% | 1h | $43K | — | 111x | as long as short |
| Bybit BZUSDT | −0.031% | 0.0000% | 8h | $10.8M | $15.0M | 100x | as long as short |
| Binance BZUSDT | −0.021% | −0.0001% | 4h | $147.0M | $418.2M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.021% | 0.0000% | 4h | $16.3M | $30.0M | 50x | as long as short |
| SunX BRENTOIL-USDT | −0.010% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUALshort | −0.010% | −0.0166% | 1h | $103K | $255K | 15x | |
| Lighter BRENTOILlong | 0.000% | +0.0032% | 1h | $3.2M | $3.8M | 20x | |
| HTX BRENTOIL-USDT | 0.000% | 0.0000% | 4h | $286K | $123K | 75x | as long as short |