Spread before costs (cost unknown: a leg has no order-book sample)+0.009%
7d average—if it closes, per $10,000$1funding while held, a day−$2.99
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BZ-USD-PERP | 96.573 | 0.0043 | pay 0.0043% / 8h | 2h 29m | $3K | $282 | 5x |
| Short | Binance BZUSDT | 96.582 | −0.0057 | pay 0.0028% / 4h | 2h 29m | $149.1M | $366.3M | 100x |
Paradex BZ-USD-PERP
Binance BZUSDTPrice 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
- $0.91
- Funding while held
- −$2.99
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$16.08
- Spread needed to break even
- 0.140%
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 16 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$2.99
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 16 min ago | 0.52 bp | 5.5 bp −$6 | 5.9 bp −$59 | 11.6 bp −$1,157 | 54.9 bp −$27.4K |
Paradex: 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.Injective95.910cheapestGate96.520+0.636%Bybit96.540+0.657%Coinbase International96.560+0.678%Bitget96.570+0.688%
Injective
Gate
Bybit
Coinbase International
BitgetParadex96.573+0.691%
Binance96.582+0.700%
Lighter96.590+0.709%Deribit96.590+0.709%GMX96.595+0.714%Extended96.598+0.717%Ondo Perps96.600+0.719%RISEx96.602+0.721%OKX96.610+0.730%SunX96.610+0.730%tradeXYZ96.614+0.734%Kraken Futures96.623+0.744%KuCoin96.630+0.751%HTX96.630+0.751%Aster96.635+0.755%Polymarket Perps96.665+0.787%Variational Omni96.666+0.788%Aftermath Perps96.683+0.806%edgeX96.688+0.811%Hotstuff96.720+0.845%BloFin96.730+0.855%ApeX Omni96.830+0.959%Phemex96.980+1.116%gTrade (Gains Network)97.288+1.437%Vest100.12+4.390%
Lighter
Deribit
GMX
Extended
Ondo Perps
RISEx
OKX
SunX
tradeXYZ
Kraken Futures
KuCoin
HTX
Aster
Polymarket Perps
Variational Omni
Hotstuff
BloFin
ApeX Omni
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 | −0.687% | −0.0220% | 1h | $15K | $97 | 30x | as long as short |
| Gate BZ_USDT | −0.055% | 0.0000% | 8h | $9.3M | $16.2M | 100x | as long as short |
| Bybit BZUSDT | −0.034% | 0.0000% | 8h | $10.8M | $13.3M | 100x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.014% | −0.0088% | 1h | $259K | $659K | 15x | as long as short |
| Bitget BZUSDT | −0.003% | 0.0000% | 4h | $28.8M | $18.2M | 100x | as long as short |
| Paradex BZ-USD-PERPlong | 0.000% | +0.0043% | 8h | $3K | $282 | 5x | |
| Binance BZUSDTshort | +0.009% | −0.0057% | 4h | $149.1M | $366.3M | 100x | |
| Lighter BRENTOIL | +0.018% | +0.0032% | 1h | $3.3M | $3.6M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.018% | −0.0060% | 1h | $136K | $163K | 15x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | +0.023% | L +0.0079% / S +0.0073% | 1h | $53K | — | 111x | as long as short |