Settings8H · net · $10k
Funding arb · Price arb /

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.031%
Price spread now: Polymarket Perps against Bitget+0.099%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs+$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.341% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.556%+$56 on $10k
Price spread, last 7 days−0.165%−$16 · spread now +0.099%, 7d avg +0.092%
Together, before fees+0.391%+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.092%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BZUSDT95.9300get 0.0000% / 4h2h 29m$27.5M$24.1M100x
ShortPolymarket Perps BRENTOIL-USD96.0250.0050get 0.0006% / 1h29m 09s$1.5M$549K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$10.5
Price spread: +0.099% → +0.092%
$0.71
Slippage, 4 orders
−$14.1
Fee Bitget: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$22.89
Costs to cover
0.341%
Break-even
22.3 days
Slippage from Bitget: live order book, 5 min ago; Polymarket Perps: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago0.52 bp9.5 bp −$1013.1 bp −$13151.3 bp −$5,131101.3 bp −$50.6K
Sell Polymarket Perps live order book, 4 min ago2.71 bp8.2 bp −$88.3 bp −$83doesn't fitdoesn't fit

BZ on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BRENTOIL/USD [ETH-USDC]L −0.0651% / S +0.0455%1h95.945+0.016%$114K111xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.398−0.555%$10K$4K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0112%1h96.050+0.125%$232K$859K15xas long as short
BloFin BZ-USDT−0.0049%4h95.940+0.010%$1.5M$97K50xas long as short
Aster BZUSDT0.0000%4h96.004+0.078%$335K$1.7M50xas long as short
Binance BZUSDT0.0000%4h95.960+0.031%$145.4M$489.2M100xas long as short
Bybit BZUSDT0.0000%8h95.960+0.031%$10.2M$17.2M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h95.9300.000%$15.8M$30.3M50xas long as short
RISEx BZ/USDC0.0000%1h95.950+0.021%$2.2M$1.3M20xas long as short
Gate BZ_USDT0.0000%8h95.920−0.010%$9.1M$19.1M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDTlong0.0000%4h95.930long leg$27.5M$24.1M100x
Variational Omni BZ0.0000%4h95.981+0.053%$9.5M$11.2Mas long as short
GRVT BZ_USDT_Perp0.0000%4h95.970+0.042%$34K$406K25xas long as short
SunX BRENTOIL-USDT0.0000%4h95.960+0.031%$4K$2.7M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h95.960+0.031%$102K$281K15xas long as short
HTX BRENTOIL-USDT0.0000%4h95.890−0.042%$318K$233K75xas long as short
Phemex XBRUSDT0.0000%4h95.960+0.031%$1.2M$101K100xas long as short
edgeX BZUSDC+0.0013%4h95.961+0.033%$220K$234K20xas long as short
Extended XBR-USD+0.0032%1h95.934+0.004%$669K$5.2M10xas long as short
Lighter BRENTOIL+0.0040%1h95.970+0.042%$3.3M$4.4M20xas long as short
Vest BZ-PERP+0.0046%1h100.05+4.295%$735K10xas long as short
Polymarket Perps BRENTOIL-USDshort+0.0050%1h96.025+0.099%$1.5M$549K20x
Ondo Perps BRENT-USD.P+0.0050%1h95.940+0.010%$3.1M$1.1M15xas long as short
Paradex BZ-USD-PERP+0.0052%8h95.951+0.022%$3K$5215xas long as short
KuCoin BZUSDTM+0.0100%4h95.870−0.063%$3.8M$1.1M50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.050+0.125%$25K$270K50xas long as short
tradeXYZ xyz:BRENTOIL+0.0114%1h96.027+0.101%$148.2M$147.2M20xas long as short
Aftermath Perps BRENTUSD+0.0150%1h96.021+0.095%$6K$45K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0158%1h95.998+0.071%$81K$263K20xas long as short
Hotstuff BRENTOIL-PERP+0.0552%1h96.030+0.104%$33K20xas long as short