Spread before costs (cost unknown: a leg has no order-book sample)−0.003%
7d average—if it closes, per $10,000$0funding while held, a day−$0.09
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BRENTOIL | 95.967 | 0.0050 | pay 0.0006% / 1h | 2m 01s | $148.2M | $142.1M | 20x |
| Short | Paradex BZ-USD-PERP | 95.964 | 0.0047 | get 0.0047% / 8h | 6h 02m | $3K | $473 | 5x |
tradeXYZ xyz:BRENTOIL
Paradex BZ-USD-PERPPrice 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
- −$0.34
- Funding while held
- −$0.09
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$22.43
- Spread needed to break even
- 0.220%
Slippage unknown: tradeXYZ: live order book, 9 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0003%
- Per $10,000 a day
- −$0.09
- 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 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.Injective95.103cheapestCoinbase International95.850+0.785%ApeX Omni95.860+0.796%Gate95.870+0.806%OKX95.880+0.817%Bybit95.900+0.838%KuCoin95.900+0.838%HTX95.900+0.838%Ondo Perps95.910+0.849%Aster95.924+0.863%GMX95.925+0.864%Binance95.926+0.866%Bitget95.930+0.870%BloFin95.930+0.870%Kraken Futures95.937+0.877%Lighter95.950+0.891%SunX95.950+0.891%Hotstuff95.960+0.901%Deribit95.960+0.901%
Injective
Coinbase International
ApeX Omni
Gate
OKX
Bybit
KuCoin
HTX
Ondo Perps
Aster
GMX
Binance
Bitget
BloFin
Kraken Futures
Lighter
SunX
Hotstuff
DeribitParadex95.964+0.905%
Extended95.966+0.907%
ExtendedtradeXYZ95.967+0.908%
Polymarket Perps95.974+0.916%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%
Polymarket Perps
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 | −0.900% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.122% | −0.0024% | 1h | $233K | $825K | 15x | as long as short |
| ApeX Omni BZUSDT | −0.111% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Gate BZ_USDT | −0.101% | 0.0000% | 8h | $9.2M | $18.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.091% | 0.0000% | 4h | $15.8M | $29.9M | 50x | as long as short |
| Bybit BZUSDT | −0.070% | 0.0000% | 8h | $10.4M | $16.6M | 100x | as long as short |
| KuCoin BZUSDTM | −0.070% | +0.0100% | 4h | $3.8M | $933K | 50x | as long as short |
| HTX BRENTOIL-USDT | −0.070% | 0.0000% | 4h | $283K | $143K | 75x | as long as short |
| Ondo Perps BRENT-USD.P | −0.059% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| Aster BZUSDT | −0.045% | 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] | −0.044% | L +0.0015% / S +0.0046% | 1h | $35K | — | 111x | as long as short |
| Binance BZUSDT | −0.042% | 0.0000% | 4h | $144.2M | $459.4M | 100x | as long as short |
| Bitget BZUSDT | −0.039% | 0.0000% | 4h | $27.6M | $22.7M | 100x | as long as short |
| BloFin BZ-USDT | −0.039% | −0.0055% | 4h | $1.5M | $82K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.032% | −0.0323% | 1h | $82K | $301K | 20x | as long as short |
| Lighter BRENTOIL | −0.018% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |
| SunX BRENTOIL-USDT | −0.018% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.007% | +0.0032% | 1h | $33K | — | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.007% | 0.0000% | 1h | $103K | $281K | 15x | as long as short |
| Paradex BZ-USD-PERPshort | −0.003% | +0.0047% | 8h | $3K | $473 | 5x | |
| Extended XBR-USD | −0.001% | +0.0032% | 1h | $678K | $5.2M | 10x | as long as short |
| tradeXYZ xyz:BRENTOILlong | 0.000% | +0.0050% | 1h | $148.2M | $142.1M | 20x | |
| Polymarket Perps BRENTOIL-USD | +0.007% | +0.0050% | 1h | $1.5M | $550K | 20x | as long as short |
| RISEx BZ/USDC | +0.016% | 0.0000% | 1h | $2.1M | $1.2M | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.035% | +0.0057% | 1h | $6K | $49K | 5x | as long as short |
| Variational Omni BZ | +0.038% | 0.0000% | 4h | $9.5M | $12.2M | — | as long as short |
| edgeX BZUSDC | +0.091% | +0.0005% | 4h | $220K | $235K | 20x | as long as short |
| Phemex XBRUSDT | +0.410% | 0.0000% | 4h | $1.2M | $99K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.720% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.182% | +0.0046% | 1h | — | $617K | 10x | as long as short |