Spread before costs (cost unknown: a leg has no order-book sample)+0.007%
7d average—if it closes, per $10,000$1funding while held, a day−$7.77
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BZ | 96.408 | 0 | get 0.0000% / 4h | 1h 02m | $9.6M | $11.6M | — |
| Short | GMX BRENTOIL/USD [ETH-USDC] | 96.415 | L +0.0010% / S +0.0259% | pay 0.0032% / 1h | 2m 00s | $100K | — | 111x |
Variational Omni BZ
GMX BRENTOIL/USD [ETH-USDC]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
- $0.69
- Funding while held
- −$7.77
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$19.09
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0259%
- Per $10,000 a day
- −$7.77
- 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 | 4.2 bp −$42 | 14.9 bp −$1,489 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.Injective86.610cheapest
Coinbase International96.180+11.050%HTX96.340+11.234%KuCoin96.360+11.257%Gate96.380+11.280%BloFin96.380+11.280%OKX96.400+11.304%Aster96.406+11.310%
Injective
Coinbase International
HTX
KuCoin
Gate
BloFin
OKX
AsterVariational Omni96.408+11.313%
Bybit96.410+11.315%Phemex96.410+11.315%
Bybit
PhemexGMX96.415+11.321%
Ondo Perps96.420+11.327%edgeX96.425+11.332%Binance96.430+11.338%RISEx96.440+11.350%Bitget96.440+11.350%ApeX Omni96.440+11.350%SunX96.440+11.350%Deribit96.440+11.350%Paradex96.441+11.351%Lighter96.450+11.361%Extended96.457+11.369%Hotstuff96.460+11.373%tradeXYZ96.470+11.384%Polymarket Perps96.471+11.386%Aftermath Perps96.472+11.387%Kraken Futures96.472+11.387%gTrade (Gains Network)97.162+12.183%Vest100.50+16.037%
Ondo Perps
Binance
RISEx
Bitget
ApeX Omni
SunX
Deribit
Paradex
Lighter
Extended
Hotstuff
tradeXYZ
Polymarket Perps
Kraken Futures
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 | −10.163% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.237% | −0.0040% | 1h | $230K | $839K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.071% | 0.0000% | 4h | $284K | $163K | 75x | as long as short |
| KuCoin BZUSDTM | −0.050% | +0.0100% | 4h | $3.8M | $951K | 50x | as long as short |
| Gate BZ_USDT | −0.029% | 0.0000% | 8h | $9.2M | $18.8M | 100x | as long as short |
| BloFin BZ-USDT | −0.029% | −0.0039% | 4h | $1.5M | $96K | 50x | as long as short |
| OKX BZ-USDT-SWAP | −0.009% | 0.0000% | 4h | $15.9M | $30.4M | 50x | as long as short |
| Aster BZUSDT | −0.003% | 0.0000% | 4h | $334K | $1.7M | 50x | as long as short |
| Variational Omni BZlong | 0.000% | 0.0000% | 4h | $9.6M | $11.6M | — | |
| Bybit BZUSDT | +0.002% | 0.0000% | 8h | $10.4M | $16.6M | 100x | as long as short |