Spread before costs (cost unknown: a leg has no order-book sample)−3.990%
7d average−3.019%if it closes, per $10,000$399funding while held, a day−$1.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BZ-PERP | 100.25 | 0.0046 | pay 0.0006% / 1h | 21m 25s | — | $653K | 10x |
| Short | Deribit BRENTOIL_USDC-PERPETUAL | 96.250 | 0 | get 0.0000% / 1h | 21m 25s | $103K | $279K | 15x |
Vest BZ-PERP
Deribit BRENTOIL_USDC-PERPETUALPrice 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
- −$399
- Funding while held
- −$1.37
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$409.37
- Spread needed to break even
- 0.090%
Slippage unknown: Vest: no order-book sample; Deribit: live order book, 59 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0046%
- Per $10,000 a day
- −$1.37
- 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 Deribit live order book, 59 min ago | 0.52 bp | 4.0 bp −$4 | 5.6 bp −$56 | 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.Injective86.613cheapest
Variational Omni96.049+10.895%edgeX96.055+10.901%KuCoin96.100+10.953%Gate96.110+10.965%OKX96.130+10.988%Bybit96.140+11.000%GMX96.145+11.005%Binance96.147+11.008%Ondo Perps96.160+11.023%HTX96.170+11.034%RISEx96.172+11.036%Bitget96.180+11.046%Coinbase International96.180+11.046%BloFin96.180+11.046%Paradex96.183+11.049%Extended96.187+11.054%Aster96.190+11.057%tradeXYZ96.204+11.073%Polymarket Perps96.204+11.073%Lighter96.210+11.080%ApeX Omni96.210+11.080%Phemex96.220+11.092%Kraken Futures96.227+11.100%SunX96.230+11.103%Aftermath Perps96.234+11.108%Hotstuff96.240+11.115%
Injective
Variational Omni
KuCoin
Gate
OKX
Bybit
GMX
Binance
Ondo Perps
HTX
RISEx
Bitget
Coinbase International
BloFin
Paradex
Extended
Aster
tradeXYZ
Polymarket Perps
Lighter
ApeX Omni
Phemex
Kraken Futures
SunX
HotstuffDeribit96.250+11.127%
gTrade (Gains Network)96.876+11.849%
gTrade (Gains Network)Vest100.25+15.745%
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 | −13.603% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Variational Omni BZ | −4.190% | 0.0000% | 4h | $9.5M | $11.8M | — | as long as short |
| edgeX BZUSDC | −4.185% | +0.0017% | 4h | $220K | $234K | 20x | as long as short |
| KuCoin BZUSDTM | −4.140% | +0.0100% | 4h | $3.8M | $947K | 50x | as long as short |
| Gate BZ_USDT | −4.130% | 0.0000% | 8h | $9.2M | $18.7M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −4.110% | 0.0000% | 4h | $15.9M | $30.0M | 50x | as long as short |
| Bybit BZUSDT | −4.100% | 0.0000% | 8h | $10.4M | $16.6M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −4.095% | L +0.0013% / S +0.0048% | 1h | $35K | — | 111x | as long as short |
| Binance BZUSDT | −4.093% | 0.0000% | 4h | $144.4M | $465.4M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | −4.080% | +0.0050% | 1h | $3.1M | $1.1M | 15x | as long as short |