Spread before costs (cost unknown: a leg has no order-book sample)−9.998%
7d average—if it closes, per $10,000$1000funding while held, a day−$8.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BRENTOIL | 95.259 | 0.0050 | pay 0.0006% / 1h | 8m 10s | $134.4M | $134.7M | 20x |
| Short | Injective BRENT/USDC PERP | 85.735 | −0.0220 | pay 0.0028% / 1h | 8m 10s | $9K | $4K | 30x |
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
- −$999.8
- Funding while held
- −$8.1
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,025.92
- Spread needed to break even
- 0.180%
Slippage unknown: tradeXYZ: live order book, 13 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0270%
- Per $10,000 a day
- −$8.10
- 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, 13 min ago | 0.26 bp | 9.8 bp −$10 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 PERPshort | −9.998% | −0.0220% | 1h | $9K | $4K | 30x | |
| Gate BZ_USDT | −0.104% | 0.0000% | 8h | $9.1M | $18.4M | 100x | as long as short |
| HTX BRENTOIL-USDT | −0.104% | 0.0000% | 4h | $281K | $140K | 75x | as long as short |
| Bitget BZUSDT | −0.072% | 0.0000% | 4h | $27.5M | $22.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.062% | 0.0000% | 4h | $15.8M | $31.2M | 50x | as long as short |
| KuCoin BZUSDTM | −0.062% | +0.0100% | 4h | $3.7M | $928K | 50x | as long as short |
| BloFin BZ-USDT | −0.062% | +0.0027% | 4h | $1.5M | $79K | 50x | as long as short |
| Binance BZUSDT | −0.061% | −0.0002% | 4h | $144.6M | $450.0M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.057% | L +0.0020% / S +0.0062% | 1h | $40K | — | 111x | as long as short |
| Bybit BZUSDT | −0.051% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
tradeXYZ xyz:BRENTOIL
Injective BRENT/USDC PERP
Gate
HTX
Bitget
OKX
KuCoin
BloFin
Binance
GMX
Bybit
Paradex
Lighter
SunX
Kraken Futures
Deribit
Polymarket Perps
RISEx
Aster
ApeX Omni
Extended
Variational Omni
Phemex
Coinbase International
gTrade (Gains Network)