Spread before costs (cost unknown: a leg has no order-book sample)−0.055%
7d average+0.007%if it closes, per $10,000$5funding while held, a day+$0.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BZ | 95.902 | 0 | get 0.0000% / 4h | 1h 30m | $9.7M | $12.1M | — |
| Short | Lighter BRENTOIL | 95.850 | 0.0032 | get 0.0004% / 1h | 30m 03s | $3.3M | $3.6M | 20x |
Variational Omni BZ
Lighter BRENTOILPrice 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
- −$5.47
- Funding while held
- $0.96
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$4.51
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Lighter: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0032%
- Per $10,000 a day
- +$0.96
- 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, 1 min ago | 2.63 bp | doesn't fit | 3.4 bp −$34 | 11.6 bp −$1,161 | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.04 bp | 1.0 bp −$1 | 2.7 bp −$27 | 16.5 bp −$1,651 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.638cheapest
HTX95.500+10.229%Ondo Perps95.770+10.540%OKX95.810+10.587%Gate95.820+10.598%Paradex95.825+10.604%RISEx95.827+10.606%Bybit95.840+10.621%Bitget95.840+10.621%Binance95.849+10.632%
Injective
HTX
Ondo Perps
OKX
Gate
Paradex
RISEx
Bybit
Bitget
BinanceLighter95.850+10.633%
GMX95.855+10.639%Extended95.856+10.639%Hotstuff95.860+10.644%SunX95.860+10.644%tradeXYZ95.870+10.656%Deribit95.870+10.656%Polymarket Perps95.882+10.670%Aster95.883+10.670%BloFin95.890+10.679%Kraken Futures95.890+10.679%
GMX
Extended
Hotstuff
SunX
tradeXYZ
Deribit
Polymarket Perps
Aster
BloFin
Kraken FuturesVariational Omni95.902+10.693%
KuCoin95.930+10.725%ApeX Omni96.010+10.817%edgeX96.034+10.845%Aftermath Perps96.059+10.874%gTrade (Gains Network)96.539+11.428%Coinbase International96.560+11.452%Phemex96.720+11.637%Vest99.260+14.569%
KuCoin
ApeX Omni
gTrade (Gains Network)
Coinbase International
Phemex
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 | −9.660% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.420% | 0.0000% | 4h | $285K | $121K | 75x | as long as short |
| Ondo Perps BRENT-USD.P | −0.138% | +0.0050% | 1h | $3.0M | $908K | 15x | as long as short |
| OKX BZ-USDT-SWAP | −0.096% | 0.0000% | 4h | $16.5M | $28.8M | 50x | as long as short |
| Gate BZ_USDT | −0.086% | 0.0000% | 8h | $9.2M | $16.9M | 100x | as long as short |
| Paradex BZ-USD-PERP | −0.081% | +0.0046% | 8h | $3K | $282 | 5x | as long as short |
| RISEx BZ/USDC | −0.079% | −0.0016% | 1h | $2.3M | $370K | 20x | as long as short |
| Bybit BZUSDT | −0.065% | 0.0000% | 8h | $10.8M | $14.2M | 100x | as long as short |
| Bitget BZUSDT | −0.065% | 0.0000% | 4h | $28.3M | $19.1M | 100x | as long as short |
| Binance BZUSDT | −0.055% | −0.0016% | 4h | $148.9M | $393.7M | 100x | as long as short |