Spread before costs (cost unknown: a leg has no order-book sample)−4.071%
7d average−3.118%if it closes, per $10,000$407funding while held, a day−$2.09
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BZ-PERP | 99.720 | 0.0046 | pay 0.0006% / 1h | 25m 39s | — | $593K | 10x |
| Short | Coinbase International BRENTOIL-PERP-INTX | 95.660 | −0.0024 | pay 0.0003% / 1h | 25m 39s | $250K | $780K | 15x |
Vest BZ-PERP
Coinbase International BRENTOIL-PERP-INTXPrice 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
- −$407.14
- Funding while held
- −$2.09
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$421.23
- Spread needed to break even
- 0.120%
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 14 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0070%
- Per $10,000 a day
- −$2.09
- 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 Vest no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 14 min ago | 2.09 bp | 7.1 bp −$7 | 8.1 bp −$81 | doesn't fit | doesn't fit |
Vest: 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.Injective94.796cheapestVariational Omni95.470+0.711%edgeX95.560+0.806%ApeX Omni95.580+0.827%Aftermath Perps95.632+0.882%
Injective
Variational Omni
ApeX OmniCoinbase International95.660+0.911%
Ondo Perps95.690+0.943%BloFin95.690+0.943%HTX95.730+0.985%Kraken Futures95.742+0.998%Hotstuff95.750+1.006%GMX95.755+1.012%Polymarket Perps95.760+1.017%SunX95.780+1.038%Deribit95.780+1.038%Aster95.800+1.059%Gate95.840+1.101%Bybit95.850+1.112%Lighter95.860+1.122%OKX95.860+1.122%KuCoin95.860+1.122%Binance95.868+1.131%Paradex95.886+1.149%Extended95.888+1.152%Bitget95.890+1.154%tradeXYZ95.909+1.174%Phemex95.920+1.186%RISEx95.939+1.206%gTrade (Gains Network)96.457+1.752%
Ondo Perps
BloFin
HTX
Kraken Futures
Hotstuff
GMX
Polymarket Perps
SunX
Deribit
Aster
Gate
Bybit
Lighter
OKX
KuCoin
Binance
Paradex
Extended
Bitget
tradeXYZ
Phemex
RISEx
gTrade (Gains Network)Vest99.720+5.194%
BZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −4.938% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| Variational Omni BZ | −4.262% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| edgeX BZUSDC | −4.172% | +0.0004% | 4h | $219K | $234K | 20x | as long as short |
| ApeX Omni BZUSDT | −4.152% | +0.0100% | 1h | $25K | $270K | 50x | as long as short |
| Aftermath Perps BRENTUSD | −4.100% | −0.0002% | 1h | $6K | $49K | 5x | as long as short |
| Coinbase International BRENTOIL-PERP-INTXshort | −4.071% | −0.0024% | 1h | $250K | $780K | 15x | |
| Ondo Perps BRENT-USD.P | −4.041% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| BloFin BZ-USDT | −4.041% | −0.0049% | 4h | $1.5M | $81K | 50x | as long as short |
| HTX BRENTOIL-USDT | −4.001% | 0.0000% | 4h | $283K | $124K | 75x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −3.989% | −0.0323% | 1h | $82K | $301K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff BRENTOIL-PERP | −3.981% | −0.0048% | 1h | $33K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −3.976% | L +0.0017% / S +0.0045% | 1h | $35K | — | 111x | as long as short |
| Polymarket Perps BRENTOIL-USD | −3.971% | +0.0050% | 1h | $1.5M | $549K | 20x | as long as short |
| SunX BRENTOIL-USDT | −3.951% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −3.951% | 0.0000% | 1h | $102K | $281K | 15x | as long as short |
| Aster BZUSDT | −3.931% | 0.0000% | 4h | $333K | $1.6M | 50x | as long as short |
| Gate BZ_USDT | −3.891% | 0.0000% | 8h | $9.2M | $18.5M | 100x | as long as short |
| Bybit BZUSDT | −3.881% | 0.0000% | 8h | $10.4M | $16.5M | 100x | as long as short |
| Lighter BRENTOIL | −3.871% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |
| OKX BZ-USDT-SWAP | −3.871% | 0.0000% | 4h | $15.8M | $31.2M | 50x | as long as short |
| KuCoin BZUSDTM | −3.871% | +0.0100% | 4h | $3.8M | $926K | 50x | as long as short |
| Binance BZUSDT | −3.863% | 0.0000% | 4h | $144.8M | $456.3M | 100x | as long as short |
| Paradex BZ-USD-PERP | −3.845% | +0.0045% | 8h | $3K | $473 | 5x | as long as short |
| Extended XBR-USD | −3.843% | +0.0032% | 1h | $669K | $5.2M | 10x | as long as short |
| Bitget BZUSDT | −3.841% | 0.0000% | 4h | $27.7M | $22.6M | 100x | as long as short |
| tradeXYZ xyz:BRENTOIL | −3.822% | +0.0050% | 1h | $147.5M | $141.1M | 20x | as long as short |
| Phemex XBRUSDT | −3.811% | 0.0000% | 4h | $1.2M | $98K | 100x | as long as short |
| RISEx BZ/USDC | −3.791% | 0.0000% | 1h | $2.1M | $1.0M | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | −3.272% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERPlong | 0.000% | +0.0046% | 1h | — | $593K | 10x |