After costs, if the gap returns to its 7d average, $10k−$30
spread now−0.050%7d average−0.094%fees + slippage, in and out−$34spread needed0.344%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BRENTOIL | 95.978 | 0.0050 | pay 0.0006% / 1h | 2m 13s | $148.3M | $142.1M | 20x |
| Short | BloFin BZ-USDT | 95.930 | −0.0055 | pay 0.0028% / 4h | 2h 02m | $1.5M | $82K | 50x |
tradeXYZ xyz:BRENTOIL
BloFin 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
- −$5
- Funding while held
- −$3.16
- Slippage, 4 orders
- −$4.45
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.61
- Spread needed to break even
- 0.344%
Slippage from tradeXYZ: live order book, 9 min ago; BloFin: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0105%
- Per $10,000 a day
- −$3.16
- 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 tradeXYZ live order book, 9 min ago | 0.05 bp | 9.1 bp −$9 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.52 bp | 8.6 bp −$9 | 10.6 bp −$106 | 22.4 bp −$2,238 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective95.103cheapestCoinbase International95.850+0.785%ApeX Omni95.860+0.796%Gate95.890+0.828%KuCoin95.900+0.838%HTX95.900+0.838%Bybit95.910+0.849%OKX95.910+0.849%Ondo Perps95.910+0.849%Aster95.921+0.860%GMX95.925+0.864%
Injective
Coinbase International
ApeX Omni
Gate
KuCoin
HTX
Bybit
OKX
Ondo Perps
Aster
GMXBloFin95.930+0.870%
Binance95.932+0.872%Kraken Futures95.937+0.877%Lighter95.950+0.891%Bitget95.950+0.891%SunX95.950+0.891%Hotstuff95.960+0.901%Deribit95.960+0.901%Paradex95.964+0.905%Extended95.966+0.907%Polymarket Perps95.974+0.916%
Binance
Kraken Futures
Lighter
Bitget
SunX
Hotstuff
Deribit
Paradex
Extended
Polymarket PerpstradeXYZ95.978+0.920%
RISEx95.983+0.925%Aftermath Perps96.001+0.944%Variational Omni96.003+0.947%edgeX96.054+1.000%Phemex96.360+1.322%gTrade (Gains Network)96.658+1.635%Vest99.980+5.128%
RISEx
Variational 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 | −0.912% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.133% | −0.0024% | 1h | $233K | $825K | 15x | as long as short |
| ApeX Omni BZUSDT | −0.123% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Gate BZ_USDT | −0.092% | 0.0000% | 8h | $9.2M | $18.6M | 100x | as long as short |
| KuCoin BZUSDTM | −0.081% | +0.0100% | 4h | $3.8M | $933K | 50x | as long as short |
| HTX BRENTOIL-USDT | −0.081% | 0.0000% | 4h | $283K | $143K | 75x | as long as short |
| Bybit BZUSDT | −0.071% | 0.0000% | 8h | $10.4M | $16.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.071% | 0.0000% | 4h | $15.9M | $29.9M | 50x | as long as short |
| Ondo Perps BRENT-USD.P | −0.071% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| Aster BZUSDT | −0.060% | 0.0000% | 4h | $333K | $1.6M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX BRENTOIL/USD [ETH-USDC] | −0.055% | L +0.0015% / S +0.0046% | 1h | $35K | — | 111x | as long as short |
| BloFin BZ-USDTshort | −0.050% | −0.0055% | 4h | $1.5M | $82K | 50x | |
| Binance BZUSDT | −0.048% | 0.0000% | 4h | $144.2M | $459.4M | 100x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.043% | −0.0323% | 1h | $82K | $301K | 20x | as long as short |
| Lighter BRENTOIL | −0.029% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |
| Bitget BZUSDT | −0.029% | 0.0000% | 4h | $27.6M | $22.7M | 100x | as long as short |
| SunX BRENTOIL-USDT | −0.029% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.019% | +0.0032% | 1h | $33K | — | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.019% | 0.0000% | 1h | $103K | $281K | 15x | as long as short |
| Paradex BZ-USD-PERP | −0.015% | +0.0047% | 8h | $3K | $473 | 5x | as long as short |
| Extended XBR-USD | −0.012% | +0.0032% | 1h | $678K | $5.2M | 10x | as long as short |
| Polymarket Perps BRENTOIL-USD | −0.004% | +0.0050% | 1h | $1.5M | $550K | 20x | as long as short |
| tradeXYZ xyz:BRENTOILlong | 0.000% | +0.0050% | 1h | $148.3M | $142.1M | 20x | |
| RISEx BZ/USDC | +0.005% | 0.0000% | 1h | $2.1M | $1.2M | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.024% | +0.0057% | 1h | $6K | $49K | 5x | as long as short |
| Variational Omni BZ | +0.026% | 0.0000% | 4h | $9.5M | $12.2M | — | as long as short |
| edgeX BZUSDC | +0.080% | +0.0005% | 4h | $220K | $235K | 20x | as long as short |
| Phemex XBRUSDT | +0.398% | 0.0000% | 4h | $1.2M | $99K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.708% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.170% | +0.0046% | 1h | — | $617K | 10x | as long as short |