After costs, if the gap returns to its 7d average, $10k−$31
spread now−0.063%7d average−0.121%fees + slippage, in and out−$37spread needed0.371%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BRENTOIL | 95.960 | 0.0050 | pay 0.0006% / 1h | 1m 18s | $148.2M | $142.1M | 20x |
| Short | HTX BRENTOIL-USDT | 95.900 | 0 | get 0.0000% / 4h | 2h 01m | $283K | $143K | 75x |
tradeXYZ xyz:BRENTOIL
HTX BRENTOIL-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
- −$6.25
- Funding while held
- −$1.5
- Slippage, 4 orders
- −$7.11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$44.87
- Spread needed to break even
- 0.371%
Slippage from tradeXYZ: live order book, 10 min ago; HTX: live order book, 37 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- 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, 10 min ago | 0.05 bp | 9.1 bp −$9 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell HTX live order book, 37 min ago | 2.62 bp | 9.6 bp −$10 | 10.7 bp −$107 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective95.103cheapestGate95.840+0.775%Coinbase International95.850+0.785%KuCoin95.860+0.796%Aster95.878+0.814%Bybit95.880+0.817%OKX95.880+0.817%GMX95.885+0.822%Bitget95.890+0.828%SunX95.900+0.838%
Injective
Gate
Coinbase International
KuCoin
Aster
Bybit
OKX
GMX
Bitget
SunXHTX95.900+0.838%
Binance95.909+0.848%RISEx95.909+0.848%Paradex95.916+0.854%Lighter95.920+0.859%Extended95.929+0.869%Ondo Perps95.930+0.870%Deribit95.930+0.870%BloFin95.930+0.870%Kraken Futures95.930+0.870%edgeX95.946+0.886%Polymarket Perps95.947+0.887%ApeX Omni95.950+0.891%
Binance
RISEx
Paradex
Lighter
Extended
Ondo Perps
Deribit
BloFin
Kraken Futures
Polymarket Perps
ApeX OmnitradeXYZ95.960+0.901%
Aftermath Perps95.969+0.910%Variational Omni96.003+0.947%Hotstuff96.020+0.964%Phemex96.360+1.322%gTrade (Gains Network)96.619+1.594%Vest99.950+5.097%
Variational Omni
Hotstuff
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 | −0.893% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Gate BZ_USDT | −0.125% | 0.0000% | 8h | $9.2M | $18.6M | 100x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.115% | −0.0024% | 1h | $233K | $825K | 15x | as long as short |
| KuCoin BZUSDTM | −0.104% | +0.0100% | 4h | $3.8M | $933K | 50x | as long as short |
| Aster BZUSDT | −0.086% | 0.0000% | 4h | $333K | $1.6M | 50x | as long as short |
| Bybit BZUSDT | −0.083% | 0.0000% | 8h | $10.4M | $16.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.083% | 0.0000% | 4h | $15.8M | $29.9M | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.078% | L +0.0015% / S +0.0046% | 1h | $35K | — | 111x | as long as short |
| Bitget BZUSDT | −0.073% | 0.0000% | 4h | $27.6M | $22.8M | 100x | as long as short |
| SunX BRENTOIL-USDT | −0.063% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX BRENTOIL-USDTshort | −0.063% | 0.0000% | 4h | $283K | $143K | 75x | |
| Binance BZUSDT | −0.053% | 0.0000% | 4h | $144.0M | $459.3M | 100x | as long as short |
| RISEx BZ/USDC | −0.053% | 0.0000% | 1h | $2.1M | $1.2M | 20x | as long as short |
| Paradex BZ-USD-PERP | −0.046% | +0.0047% | 8h | $3K | $473 | 5x | as long as short |
| Lighter BRENTOIL | −0.042% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |
| Extended XBR-USD | −0.032% | +0.0032% | 1h | $678K | $5.2M | 10x | as long as short |
| Ondo Perps BRENT-USD.P | −0.031% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.031% | 0.0000% | 1h | $103K | $281K | 15x | as long as short |
| BloFin BZ-USDT | −0.031% | −0.0055% | 4h | $1.5M | $82K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.031% | −0.0323% | 1h | $82K | $301K | 20x | as long as short |
| edgeX BZUSDC | −0.015% | 0.0000% | 4h | $219K | $235K | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | −0.014% | +0.0050% | 1h | $1.5M | $550K | 20x | as long as short |
| ApeX Omni BZUSDT | −0.010% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| tradeXYZ xyz:BRENTOILlong | 0.000% | +0.0050% | 1h | $148.2M | $142.1M | 20x | |
| Aftermath Perps BRENTUSD | +0.009% | +0.0058% | 1h | $6K | $49K | 5x | as long as short |
| Variational Omni BZ | +0.045% | 0.0000% | 4h | $9.5M | $12.2M | — | as long as short |
| Hotstuff BRENTOIL-PERP | +0.063% | −0.0008% | 1h | $33K | — | 20x | as long as short |
| Phemex XBRUSDT | +0.417% | 0.0000% | 4h | $1.2M | $99K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.687% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.158% | +0.0046% | 1h | — | $617K | 10x | as long as short |