Spread before costs (cost unknown: a leg has no order-book sample)−0.157%
7d average−0.349%if it closes, per $10,000$16funding while held, a day−$0.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XBRUSDT | 95.630 | 0 | get 0.0000% / 4h | 2h 42m | $1.2M | $98K | 100x |
| Short | Coinbase International BRENTOIL-PERP-INTX | 95.480 | −0.0024 | pay 0.0003% / 1h | 42m 38s | $266K | $713K | 15x |
Phemex XBRUSDT
Coinbase International BRENTOIL-PERP-INTXPrice 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
- −$15.69
- Funding while held
- −$0.72
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$38.41
- Spread needed to break even
- 0.220%
Slippage unknown: Phemex: live order book, 2 min ago; Coinbase International: live order book, 62 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0024%
- Per $10,000 a day
- −$0.72
- 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 Phemex live order book, 2 min ago | 12.02 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 62 min ago | 4.20 bp | 9.2 bp −$9 | 11.2 bp −$112 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective94.482cheapestHTX95.400+0.972%Gate95.440+1.014%Variational Omni95.458+1.033%Ondo Perps95.460+1.035%Bybit95.470+1.046%Aster95.477+1.053%Bitget95.480+1.056%
Injective
HTX
Gate
Variational Omni
Ondo Perps
Bybit
Aster
BitgetCoinbase International95.480+1.056%
edgeX95.481+1.058%Paradex95.484+1.061%GMX95.485+1.062%Binance95.490+1.067%OKX95.490+1.067%BloFin95.490+1.067%tradeXYZ95.500+1.077%Lighter95.500+1.077%KuCoin95.500+1.077%SunX95.500+1.077%Hotstuff95.510+1.088%ApeX Omni95.510+1.088%Extended95.511+1.089%Aftermath Perps95.518+1.097%Deribit95.520+1.099%Kraken Futures95.530+1.110%Polymarket Perps95.536+1.116%RISEx95.546+1.126%
Paradex
GMX
Binance
OKX
BloFin
tradeXYZ
Lighter
KuCoin
SunX
Hotstuff
ApeX Omni
Extended
Deribit
Kraken Futures
Polymarket Perps
RISExPhemex95.630+1.215%
gTrade (Gains Network)96.196+1.815%Vest99.510+5.322%
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 | −1.200% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.241% | 0.0000% | 4h | $282K | $125K | 75x | as long as short |
| Gate BZ_USDT | −0.199% | 0.0000% | 8h | $9.2M | $18.4M | 100x | as long as short |
| Variational Omni BZ | −0.180% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| Ondo Perps BRENT-USD.P | −0.178% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| Bybit BZUSDT | −0.167% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| Aster BZUSDT | −0.160% | 0.0000% | 4h | $334K | $1.6M | 50x | as long as short |
| Bitget BZUSDT | −0.157% | 0.0000% | 4h | $27.6M | $22.4M | 100x | as long as short |
| Coinbase International BRENTOIL-PERP-INTXshort | −0.157% | −0.0024% | 1h | $266K | $713K | 15x | |
| edgeX BZUSDC | −0.155% | +0.0011% | 4h | $218K | $236K | 20x | as long as short |