data as of
Settings8H · net · $10k
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Price arb /

BZ

RWAall BZ markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$22
spread now−0.031%7d average−0.063%fees + slippage, in and out−$26spread needed0.256%
Long on LighterShort on Gate
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BRENTOIL95.8500.0032pay 0.0004% / 1h30m 00s$3.3M$3.6M20x
ShortGate BZ_USDT95.8200get 0.0000% / 8h1h 30m$9.2M$16.9M100x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$3.13
Funding while held
−$0.96
Slippage, 4 orders
−$10.56
Fee Lighter: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$29.65
Spread needed to break even
0.256%
Slippage from Lighter: live order book, 4 min ago; Gate: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
−0.0032%
Per $10,000 a day
−$0.96
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago1.04 bp1.0 bp −$12.8 bp −$2816.8 bp −$1,676doesn't fit
Sell Gate live order book, 5 min ago1.04 bp13.3 bp −$1321.6 bp −$21629.5 bp −$2,95042.0 bp −$21.0K

BZ price on every exchange

against the cheapest. Click to use as the short leg.
Injective86.638cheapest
HTX95.500+10.229%Ondo Perps95.770+10.540%OKX95.810+10.587%
Gate95.820+10.598%
Paradex95.825+10.604%RISEx95.827+10.606%Bybit95.840+10.621%Bitget95.840+10.621%Binance95.849+10.632%
Lighter95.850+10.633%
GMX95.855+10.639%Extended95.856+10.639%Hotstuff95.860+10.644%SunX95.860+10.644%tradeXYZ95.870+10.656%Deribit95.870+10.656%Polymarket Perps95.882+10.670%Aster95.883+10.670%BloFin95.890+10.679%Kraken Futures95.890+10.679%Variational Omni95.902+10.693%KuCoin95.930+10.725%ApeX Omni96.010+10.817%edgeX96.034+10.845%Aftermath Perps96.059+10.874%gTrade (Gains Network)96.539+11.428%Coinbase International96.560+11.452%Phemex96.720+11.637%Vest99.260+14.569%

BZ on 30 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BRENT/USDC PERP−9.611%−0.0220%1h$13K$9730xas long as short
HTX BRENTOIL-USDT−0.365%0.0000%4h$285K$121K75xas long as short
Ondo Perps BRENT-USD.P−0.083%+0.0050%1h$3.0M$908K15xas long as short
OKX BZ-USDT-SWAP−0.042%0.0000%4h$16.5M$28.8M50xas long as short
Gate BZ_USDTshort−0.031%0.0000%8h$9.2M$16.9M100x
Paradex BZ-USD-PERP−0.026%+0.0046%8h$3K$2825xas long as short
RISEx BZ/USDC−0.025%−0.0016%1h$2.3M$370K20xas long as short
Bybit BZUSDT−0.010%0.0000%8h$10.8M$14.2M100xas long as short
Bitget BZUSDT−0.010%0.0000%4h$28.3M$19.1M100xas long as short
Binance BZUSDT−0.001%−0.0016%4h$148.9M$393.7M100xas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Lighter BRENTOILlong0.000%+0.0032%1h$3.3M$3.6M20x
GMX BRENTOIL/USD [ETH-USDC]+0.005%L +0.0053% / S +0.0090%1h$54K—111xas long as short
Extended XBR-USD+0.006%+0.0032%1h$595K$4.8M10xas long as short
Hotstuff BRENTOIL-PERP+0.010%+0.0096%1h$33K—20xas long as short
SunX BRENTOIL-USDT+0.010%0.0000%4h$4K$2.4M20xas long as short
tradeXYZ xyz:BRENTOIL+0.021%+0.0050%1h$141.0M$111.0M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL+0.021%0.0000%1h$134K$208K15xas long as short
Polymarket Perps BRENTOIL-USD+0.033%+0.0050%1h$1.6M$503K20xas long as short
Aster BZUSDT+0.034%−0.0020%4h$337K$1.5M50xas long as short
BloFin BZ-USDT+0.042%−0.0035%4h$1.6M$62K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.042%−0.0058%1h$174K$339K20xas long as short
Variational Omni BZ+0.055%0.0000%4h$9.7M$12.1M—as long as short
KuCoin BZUSDTM+0.083%+0.0100%4h$3.7M$874K50xas long as short
ApeX Omni BZUSDT+0.167%+0.0100%1h$25K$271K50xas long as short
edgeX BZUSDC+0.192%−0.0016%4h$220K$237K20xas long as short
Aftermath Perps BRENTUSD+0.218%+0.0032%1h$7K$51K5xas long as short
gTrade (Gains Network) BRENT/USD+0.718%L +0.0011% / S −0.0011%1h———as long as short
Coinbase International BRENTOIL-PERP-INTX+0.741%−0.0088%1h$262K$662K15xas long as short
Phemex XBRUSDT+0.908%+0.1720%4h$1.2M$86K100xas long as short
Vest BZ-PERP+3.558%−0.0126%1h—$4K10xas long as short