Spread before costs (cost unknown: a leg has no order-book sample)+0.021%
7d average—if it closes, per $10,000$2funding while held, a day−$1.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BZ | 95.815 | 0 | get 0.0000% / 4h | 3h 51m | $9.5M | $11.9M | — |
| Short | Aftermath Perps BRENTUSD | 95.835 | −0.0039 | pay 0.0005% / 1h | 51m 29s | $7K | $50K | 5x |
Variational Omni BZPrice 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
- $2.09
- Funding while held
- −$1.16
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$8.07
- Spread needed to break even
- 0.090%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Aftermath Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0039%
- Per $10,000 a day
- −$1.16
- 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 Variational Omni RFQ quote, 4 min ago | 2.63 bp | doesn't fit | 3.7 bp −$37 | 14.0 bp −$1,396 | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath Perps: 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.Injective95.340cheapestDeribit95.490+0.157%HTX95.500+0.168%Gate95.520+0.189%Ondo Perps95.530+0.199%Kraken Futures95.532+0.201%Bybit95.550+0.220%Coinbase International95.550+0.220%GMX95.565+0.236%Aster95.578+0.250%OKX95.580+0.252%Binance95.585+0.257%Lighter95.590+0.262%tradeXYZ95.620+0.294%RISEx95.620+0.294%Bitget95.630+0.304%Paradex95.630+0.304%KuCoin95.640+0.315%Extended95.654+0.329%Polymarket Perps95.658+0.334%Hotstuff95.660+0.336%BloFin95.800+0.482%
Injective
Deribit
HTX
Gate
Ondo Perps
Kraken Futures
Bybit
Coinbase International
GMX
Aster
OKX
Binance
Lighter
tradeXYZ
RISEx
Bitget
Paradex
KuCoin
Extended
Polymarket Perps
Hotstuff
BloFinVariational Omni95.815+0.498%
edgeX95.818+0.502%ApeX Omni95.830+0.514%SunX95.830+0.514%Phemex95.960+0.650%gTrade (Gains Network)96.283+0.989%Vest99.680+4.552%
ApeX Omni
SunX
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 | −0.495% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.339% | −0.0169% | 1h | $102K | $260K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.328% | 0.0000% | 4h | $284K | $123K | 75x | as long as short |
| Gate BZ_USDT | −0.307% | 0.0000% | 8h | $9.2M | $17.7M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | −0.297% | +0.0050% | 1h | $3.0M | $988K | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.295% | −0.0214% | 1h | $81K | $365K | 20x | as long as short |
| Bybit BZUSDT | −0.276% | 0.0000% | 8h | $10.6M | $15.9M | 100x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.276% | −0.0048% | 1h | $257K | $700K | 15x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.260% | L +0.0029% / S +0.0064% | 1h | $42K | — | 111x | as long as short |
| Aster BZUSDT | −0.247% | 0.0000% | 4h | $335K | $1.6M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX BZ-USDT-SWAP | −0.245% | 0.0000% | 4h | $16.0M | $30.4M | 50x | as long as short |
| Binance BZUSDT | −0.239% | 0.0000% | 4h | $145.6M | $436.2M | 100x | as long as short |
| Lighter BRENTOIL | −0.234% | +0.0032% | 1h | $3.2M | $4.0M | 20x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.203% | +0.0050% | 1h | $141.2M | $123.5M | 20x | as long as short |
| RISEx BZ/USDC | −0.203% | −0.0024% | 1h | $2.1M | $1.0M | 20x | as long as short |
| Bitget BZUSDT | −0.193% | 0.0000% | 4h | $27.9M | $21.5M | 100x | as long as short |
| Paradex BZ-USD-PERP | −0.193% | +0.0046% | 8h | $3K | $282 | 5x | as long as short |
| KuCoin BZUSDTM | −0.182% | +0.0100% | 4h | $3.7M | $908K | 50x | as long as short |
| Extended XBR-USD | −0.168% | +0.0032% | 1h | $692K | $5.2M | 10x | as long as short |
| Polymarket Perps BRENTOIL-USD | −0.163% | +0.0050% | 1h | $1.6M | $568K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.161% | +0.0104% | 1h | $33K | — | 20x | as long as short |
| BloFin BZ-USDT | −0.015% | +0.0013% | 4h | $1.5M | $75K | 50x | as long as short |
| Variational Omni BZlong | 0.000% | 0.0000% | 4h | $9.5M | $11.9M | — | |
| edgeX BZUSDC | +0.004% | +0.0017% | 4h | $219K | $236K | 20x | as long as short |
| ApeX Omni BZUSDT | +0.016% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| SunX BRENTOIL-USDT | +0.016% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Aftermath Perps BRENTUSDshort | +0.021% | −0.0039% | 1h | $7K | $50K | 5x | |
| Phemex XBRUSDT | +0.152% | 0.0000% | 4h | $1.2M | $89K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.489% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.034% | +0.0046% | 1h | — | $476K | 10x | as long as short |