data as of
Settings8H · net · $10k
Price arb /

BZ

RWAall BZ markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.720%
7d averageif it closes, per $10,000$72funding while held, a day−$1.17
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BRENTOIL95.9670.0050pay 0.0006% / 1h1m 50s$148.2M$142.1M20x
ShortgTrade (Gains Network) BRENT/USD96.658L +0.0011% / S −0.0011%get 0.0001% / 1h1m 50s

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$71.98
Funding while held
−$1.17
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$42.82
Spread needed to break even
0.280%
Slippage unknown: tradeXYZ: live order book, 9 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0039%
Per $10,000 a day
$1.17
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 9 min ago0.05 bp9.1 bp −$910.3 bp −$103doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BRENT/USDC PERP−0.900%−0.0220%1h$10K$4K30xas long as short
Gate BZ_USDT−0.122%0.0000%8h$9.2M$18.6M100xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.122%−0.0024%1h$233K$825K15xas long as short
KuCoin BZUSDTM−0.111%+0.0100%4h$3.8M$933K50xas long as short
ApeX Omni BZUSDT−0.111%+0.0100%1h$25K$271K50xas long as short
Bybit BZUSDT−0.091%0.0000%8h$10.4M$16.6M100xas long as short
OKX BZ-USDT-SWAP−0.091%0.0000%4h$15.8M$29.9M50xas long as short
Binance BZUSDT−0.088%0.0000%4h$144.1M$459.4M100xas long as short
HTX BRENTOIL-USDT−0.070%0.0000%4h$283K$143K75xas long as short
Ondo Perps BRENT-USD.P−0.059%+0.0050%1h$3.0M$1.0M15xas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget BZUSDT−0.059%0.0000%4h$27.6M$22.7M100xas long as short
Aster BZUSDT−0.048%0.0000%4h$333K$1.6M50xas long as short
GMX BRENTOIL/USD [ETH-USDC]−0.044%L +0.0015% / S +0.0046%1h$35K111xas long as short
Extended XBR-USD−0.041%+0.0032%1h$678K$5.2M10xas long as short
BloFin BZ-USDT−0.039%−0.0055%4h$1.5M$82K50xas long as short
Kraken Futures PF_BRENTOILUSD−0.032%−0.0323%1h$82K$301K20xas long as short
Lighter BRENTOIL−0.018%+0.0032%1h$3.2M$4.2M20xas long as short
SunX BRENTOIL-USDT−0.018%0.0000%4h$4K$2.7M20xas long as short
Hotstuff BRENTOIL-PERP−0.007%+0.0032%1h$33K20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.007%0.0000%1h$103K$281K15xas long as short
Paradex BZ-USD-PERP−0.003%+0.0047%8h$3K$4735xas long as short
tradeXYZ xyz:BRENTOILlong0.000%+0.0050%1h$148.2M$142.1M20x
Polymarket Perps BRENTOIL-USD+0.007%+0.0050%1h$1.5M$550K20xas long as short
RISEx BZ/USDC+0.016%0.0000%1h$2.1M$1.2M20xas long as short
Aftermath Perps BRENTUSD+0.035%+0.0057%1h$6K$49K5xas long as short
Variational Omni BZ+0.038%0.0000%4h$9.5M$12.2Mas long as short
edgeX BZUSDC+0.091%+0.0005%4h$220K$235K20xas long as short
Phemex XBRUSDT+0.410%0.0000%4h$1.2M$99K100xas long as short
gTrade (Gains Network) BRENT/USDshort+0.720%L +0.0011% / S −0.0011%1h
Vest BZ-PERP+4.182%+0.0046%1h$617K10xas long as short