Spread before costs (cost unknown: a leg has no order-book sample)−0.031%
7d average—if it closes, per $10,000$3funding while held, a day+$1.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BZ-USDT-SWAP | 95.870 | 0 | get 0.0000% / 4h | 1h 29m | $16.5M | $29.2M | 50x |
| Short | Hotstuff BRENTOIL-PERP | 95.840 | 0.0056 | get 0.0007% / 1h | 29m 17s | $33K | — | 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
- −$3.13
- Funding while held
- $1.68
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$16.45
- Spread needed to break even
- 0.150%
Slippage unknown: OKX: live order book, 1 min ago; Hotstuff: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0056%
- Per $10,000 a day
- +$1.68
- 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 OKX live order book, 1 min ago | 0.52 bp | 5.8 bp −$6 | 8.5 bp −$85 | 25.7 bp −$2,565 | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −9.630% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.386% | 0.0000% | 4h | $285K | $121K | 75x | as long as short |
| Ondo Perps BRENT-USD.P | −0.156% | +0.0050% | 1h | $3.0M | $909K | 15x | as long as short |
| Aster BZUSDT | −0.084% | −0.0020% | 4h | $336K | $1.5M | 50x | as long as short |
| RISEx BZ/USDC | −0.066% | −0.0016% | 1h | $2.3M | $370K | 20x | as long as short |
| Gate BZ_USDT | −0.063% | 0.0000% | 8h | $9.2M | $16.9M | 100x | as long as short |
| Paradex BZ-USD-PERP | −0.062% | +0.0045% | 8h | $3K | $282 | 5x | as long as short |
| Hotstuff BRENTOIL-PERPshort | −0.031% | +0.0056% | 1h | $33K | — | 20x | |
| GMX BRENTOIL/USD [ETH-USDC] | −0.026% | L +0.0053% / S +0.0056% | 1h | $54K | — | 111x | as long as short |
| Binance BZUSDT | −0.017% | −0.0015% | 4h | $148.9M | $403.5M | 100x | as long as short |
OKX BZ-USDT-SWAP
Injective
HTX
Aster
RISEx
Gate
Paradex
GMX
Binance
Bitget
SunX
Polymarket Perps
Kraken Futures
Bybit
KuCoin
BloFin
tradeXYZ
ApeX Omni
Deribit
Variational Omni
Extended
Lighter
Coinbase International
gTrade (Gains Network)
Phemex