Spread before costs (cost unknown: a leg has no order-book sample)−0.534%
7d average−0.295%if it closes, per $10,000$53funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XBRUSDT | 95.530 | 0 | get 0.0000% / 4h | 3h 39m | $1.2M | $92K | 100x |
| Short | Gate BZ_USDT | 95.020 | 0 | get 0.0000% / 8h | 7h 39m | $9.1M | $18.0M | 100x |
Phemex XBRUSDT
Gate BZ_USDTPrice 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
- −$53.39
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$80.39
- Spread needed to break even
- 0.270%
Slippage unknown: Phemex: live order book, 4 min ago; Gate: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 4 min ago | 16.64 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 1.05 bp | 9.5 bp −$9 | 20.5 bp −$205 | 29.6 bp −$2,958 | 41.0 bp −$20.5K |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Gate95.020cheapest
Kraken Futures95.059+0.042%Bybit95.060+0.042%OKX95.060+0.042%Binance95.070+0.053%Ondo Perps95.070+0.053%Deribit95.070+0.053%GMX95.075+0.058%Aster95.080+0.063%KuCoin95.080+0.063%Paradex95.087+0.070%Lighter95.100+0.084%Bitget95.100+0.084%HTX95.100+0.084%Polymarket Perps95.105+0.089%SunX95.110+0.095%tradeXYZ95.113+0.098%Extended95.135+0.121%RISEx95.155+0.142%BloFin95.160+0.147%Variational Omni95.184+0.172%edgeX95.338+0.335%Hotstuff95.340+0.337%Injective95.340+0.337%Aftermath Perps95.378+0.376%ApeX Omni95.400+0.400%Coinbase International95.480+0.484%
Kraken Futures
Bybit
OKX
Binance
Ondo Perps
Deribit
GMX
Aster
KuCoin
Paradex
Lighter
Bitget
HTX
Polymarket Perps
SunX
tradeXYZ
Extended
RISEx
BloFin
Variational Omni
Hotstuff
Injective
ApeX Omni
Coinbase InternationalPhemex95.530+0.537%
gTrade (Gains Network)95.793+0.813%Vest99.140+4.336%
gTrade (Gains Network)
VestBZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate BZ_USDTshort | −0.534% | 0.0000% | 8h | $9.1M | $18.0M | 100x | |
| Kraken Futures PF_BRENTOILUSD | −0.493% | −0.0215% | 1h | $80K | $360K | 20x | as long as short |
| Bybit BZUSDT | −0.492% | 0.0000% | 8h | $10.5M | $16.0M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.492% | 0.0000% | 4h | $15.8M | $31.0M | 50x | as long as short |
| Binance BZUSDT | −0.482% | 0.0000% | 4h | $144.7M | $443.3M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | −0.482% | +0.0050% | 1h | $3.0M | $990K | 15x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.482% | −0.0171% | 1h | $102K | $264K | 15x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.476% | L +0.0026% / S +0.0060% | 1h | $41K | — | 111x | as long as short |
| Aster BZUSDT | −0.471% | 0.0000% | 4h | $346K | $1.6M | 50x | as long as short |
| KuCoin BZUSDTM | −0.471% | +0.0100% | 4h | $3.7M | $925K | 50x | as long as short |