Spread before costs (cost unknown: a leg has no order-book sample)−0.147%
7d average−0.218%if it closes, per $10,000$15funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XBRUSDT | 95.430 | 0 | get 0.0000% / 4h | 3h 10m | $1.2M | $92K | 100x |
| Short | KuCoin BZUSDTM | 95.290 | 0.0100 | get 0.0050% / 4h | 3h 10m | $3.7M | $928K | 50x |
Phemex XBRUSDT
KuCoin BZUSDTMPrice 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
- −$14.67
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$35.67
- Spread needed to break even
- 0.240%
Slippage unknown: Phemex: live order book, 4 min ago; KuCoin: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 | 13.63 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.57 bp | 14.9 bp −$15 | 44.4 bp −$444 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective85.735cheapest
HTX95.230+11.075%Gate95.260+11.110%OKX95.270+11.121%ApeX Omni95.270+11.121%Bybit95.290+11.145%
Injective
HTX
Gate
OKX
ApeX Omni
BybitKuCoin95.290+11.145%
BloFin95.290+11.145%Variational Omni95.294+11.150%Hotstuff95.300+11.156%Bitget95.300+11.156%Binance95.303+11.161%GMX95.305+11.162%SunX95.310+11.168%edgeX95.310+11.168%Aftermath Perps95.315+11.174%Lighter95.320+11.180%Ondo Perps95.320+11.180%Deribit95.320+11.180%Aster95.323+11.183%Paradex95.331+11.193%Extended95.346+11.210%tradeXYZ95.349+11.214%Polymarket Perps95.350+11.215%Kraken Futures95.360+11.226%RISEx95.360+11.227%
BloFin
Variational Omni
Hotstuff
Bitget
Binance
GMX
SunX
Lighter
Ondo Perps
Deribit
Aster
Paradex
Extended
tradeXYZ
Polymarket Perps
Kraken Futures
RISExPhemex95.430+11.308%
Coinbase International95.480+11.366%gTrade (Gains Network)96.001+11.974%Vest99.310+15.834%
Coinbase International
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 | −10.159% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.210% | 0.0000% | 4h | $281K | $140K | 75x | as long as short |
| Gate BZ_USDT | −0.178% | 0.0000% | 8h | $9.2M | $18.4M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.168% | 0.0000% | 4h | $15.8M | $31.2M | 50x | as long as short |
| ApeX Omni BZUSDT | −0.168% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Bybit BZUSDT | −0.147% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| KuCoin BZUSDTMshort | −0.147% | +0.0100% | 4h | $3.7M | $928K | 50x | |
| BloFin BZ-USDT | −0.147% | +0.0010% | 4h | $1.5M | $79K | 50x | as long as short |
| Variational Omni BZ | −0.142% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| Hotstuff BRENTOIL-PERP | −0.136% | −0.0216% | 1h | $33K | — | 20x | as long as short |