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

BZ

RWAall BZ markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.604%
7d average−0.065%if it closes, per $10,000$60funding while held, a day−$4.15
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BRENT-USD.P95.9800.0050pay 0.0006% / 1h24m 08s$3.0M$913K15x
ShortCoinbase International BRENTOIL-PERP-INTX96.560−0.0088pay 0.0011% / 1h24m 08s$262K$662K15x

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
$60.43
Funding while held
−$4.15
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$41.28
Spread needed to break even
0.150%
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 31 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0138%
Per $10,000 a day
$4.15
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 Ondo Perps no order-book sample
Sell Coinbase International live order book, 31 min ago2.07 bp7.1 bp −$78.6 bp −$86doesn't fitdoesn't fit
Ondo Perps: 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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BRENT/USDC PERP−9.733%−0.0220%1h$13K$9730xas long as short
edgeX BZUSDC−0.197%−0.0002%4h$219K$235K20xas long as short
BloFin BZ-USDT−0.073%+0.0001%4h$1.6M$62K50xas long as short
Gate BZ_USDT−0.042%0.0000%8h$9.3M$17.1M100xas long as short
Hotstuff BRENTOIL-PERP−0.021%+0.0080%1h$33K20xas long as short
OKX BZ-USDT-SWAP−0.010%0.0000%4h$16.4M$29.3M50xas long as short
Bitget BZUSDT−0.010%0.0000%4h$28.4M$19.2M100xas long as short
Aster BZUSDT−0.001%−0.0016%4h$337K$1.5M50xas long as short
Lighter BRENTOIL0.000%+0.0032%1h$3.3M$3.7M20xas long as short
Ondo Perps BRENT-USD.Plong0.000%+0.0050%1h$3.0M$913K15x
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
RISEx BZ/USDC+0.001%−0.0016%1h$2.3M$457K20xas long as short
Binance BZUSDT+0.004%−0.0014%4h$147.8M$406.1M100xas long as short
HTX BRENTOIL-USDT+0.010%0.0000%4h$285K$124K75xas long as short
Paradex BZ-USD-PERP+0.013%+0.0044%8h$3K$2825xas long as short
tradeXYZ xyz:BRENTOIL+0.017%+0.0050%1h$140.6M$112.3M20xas long as short
Aftermath Perps BRENTUSD+0.030%+0.0030%1h$7K$51K5xas long as short
Bybit BZUSDT+0.031%0.0000%8h$10.9M$14.3M100xas long as short
Kraken Futures PF_BRENTOILUSD+0.036%−0.0058%1h$81K$480K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]+0.036%L +0.0052% / S +0.0046%1h$43K111xas long as short
Deribit BRENTOIL_USDC-PERPETUAL+0.052%0.0000%1h$103K$239K15xas long as short
Variational Omni BZ+0.054%0.0000%4h$9.7M$12.1Mas long as short
Extended XBR-USD+0.060%+0.0032%1h$687K$5.0M10xas long as short
SunX BRENTOIL-USDT+0.063%0.0000%4h$4K$2.5M20xas long as short
Polymarket Perps BRENTOIL-USD+0.070%+0.0050%1h$1.6M$512K20xas long as short
KuCoin BZUSDTM+0.073%+0.0100%4h$3.7M$874K50xas long as short
ApeX Omni BZUSDT+0.115%+0.0100%1h$25K$271K50xas long as short
Coinbase International BRENTOIL-PERP-INTXshort+0.604%−0.0088%1h$262K$662K15x
gTrade (Gains Network) BRENT/USD+0.751%L +0.0011% / S −0.0011%1has long as short
Phemex XBRUSDT+1.011%+0.2001%4h$1.2M$84K100xas long as short
Vest BZ-PERP+3.667%−0.0123%1h$4K10xas long as short