Spread before costs (cost unknown: a leg has no order-book sample)+0.013%
7d average—if it closes, per $10,000$1funding while held, a day+$1.47
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx BZ/USDC | 96.413 | 0 | get 0.0000% / 1h | 2m 55s | $2.1M | $1.2M | 20x |
| Short | Paradex BZ-USD-PERP | 96.426 | 0.0049 | get 0.0049% / 8h | 5h 02m | $3K | $473 | 5x |
Price 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
- $1.35
- Funding while held
- $1.47
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$7.18
- Spread needed to break even
- 0.100%
Slippage unknown: RISEx: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0049%
- Per $10,000 a day
- +$1.47
- 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 RISEx live order book, 2 min ago | 0.73 bp | 3.7 bp −$4 | 7.8 bp −$78 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
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.BZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −10.168% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.242% | −0.0040% | 1h | $230K | $839K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.076% | 0.0000% | 4h | $284K | $163K | 75x | as long as short |
| KuCoin BZUSDTM | −0.045% | +0.0100% | 4h | $3.8M | $951K | 50x | as long as short |
| Phemex XBRUSDT | −0.034% | 0.0000% | 4h | $1.2M | $100K | 100x | as long as short |
| BloFin BZ-USDT | −0.034% | −0.0039% | 4h | $1.5M | $96K | 50x | as long as short |
| Gate BZ_USDT | −0.024% | 0.0000% | 8h | $9.2M | $18.7M | 100x | as long as short |
| Bybit BZUSDT | −0.014% | 0.0000% | 8h | $10.4M | $16.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.014% | 0.0000% | 4h | $15.9M | $30.4M | 50x | as long as short |
| Aster BZUSDT | −0.006% | 0.0000% | 4h | $334K | $1.7M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni BZ | −0.005% | 0.0000% | 4h | $9.6M | $11.6M | — | as long as short |
| SunX BRENTOIL-USDT | −0.003% | 0.0000% | 4h | $4K | $2.6M | 20x | as long as short |
| RISEx BZ/USDClong | 0.000% | 0.0000% | 1h | $2.1M | $1.2M | 20x | |
| GMX BRENTOIL/USD [ETH-USDC] | +0.002% | L +0.0011% / S +0.0286% | 1h | $109K | — | 111x | as long as short |
| Binance BZUSDT | +0.007% | 0.0000% | 4h | $145.0M | $467.7M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | +0.007% | +0.0050% | 1h | $3.1M | $1.1M | 15x | as long as short |
| edgeX BZUSDC | +0.012% | +0.0016% | 4h | $221K | $235K | 20x | as long as short |
| Paradex BZ-USD-PERPshort | +0.013% | +0.0049% | 8h | $3K | $473 | 5x | |
| Bitget BZUSDT | +0.028% | 0.0000% | 4h | $27.8M | $23.0M | 100x | as long as short |
| ApeX Omni BZUSDT | +0.028% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.028% | 0.0000% | 1h | $103K | $279K | 15x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.037% | +0.0050% | 1h | $1.5M | $550K | 20x | as long as short |
| Lighter BRENTOIL | +0.038% | +0.0032% | 1h | $3.3M | $4.4M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.045% | +0.0085% | 1h | $81K | $293K | 20x | as long as short |
| Extended XBR-USD | +0.045% | +0.0032% | 1h | $674K | $5.2M | 10x | as long as short |
| Aftermath Perps BRENTUSD | +0.050% | +0.0071% | 1h | $6K | $48K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.051% | +0.0050% | 1h | $150.3M | $144.0M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.090% | +0.0120% | 1h | $33K | — | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.772% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.239% | +0.0046% | 1h | — | $653K | 10x | as long as short |
RISEx BZ/USDC
Paradex BZ-USD-PERP
Injective
Coinbase International
HTX
KuCoin
Phemex
BloFin
Gate
Bybit
OKX
Aster
Variational Omni
SunX
GMX
Binance
Bitget
ApeX Omni
Deribit
Polymarket Perps
Lighter
Kraken Futures
Extended
tradeXYZ
gTrade (Gains Network)