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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BZUSDT | 95.930 | 0 | get 0.0000% / 4h | 2h 29m | $27.5M | $24.1M | 100x |
| Short | Polymarket Perps BRENTOIL-USD | 96.025 | 0.0050 | get 0.0006% / 1h | 29m 09s | $1.5M | $549K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 5 min ago | 0.52 bp | 9.5 bp −$10 | 13.1 bp −$131 | 51.3 bp −$5,131 | 101.3 bp −$50.6K |
| Sell Polymarket Perps live order book, 4 min ago | 2.71 bp | 8.2 bp −$8 | 8.3 bp −$83 | doesn't fit | doesn't fit |
BZ on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BRENTOIL/USD [ETH-USDC] | L −0.0651% / S +0.0455% | 1h | 95.945 | +0.016% | $114K | — | 111x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.398 | −0.555% | $10K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0112% | 1h | 96.050 | +0.125% | $232K | $859K | 15x | as long as short |
| BloFin BZ-USDT | −0.0049% | 4h | 95.940 | +0.010% | $1.5M | $97K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.004 | +0.078% | $335K | $1.7M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 95.960 | +0.031% | $145.4M | $489.2M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 95.960 | +0.031% | $10.2M | $17.2M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 95.930 | 0.000% | $15.8M | $30.3M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 95.950 | +0.021% | $2.2M | $1.3M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 95.920 | −0.010% | $9.1M | $19.1M | 100x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDTlong | 0.0000% | 4h | 95.930 | long leg | $27.5M | $24.1M | 100x | |
| Variational Omni BZ | 0.0000% | 4h | 95.981 | +0.053% | $9.5M | $11.2M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 95.970 | +0.042% | $34K | $406K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 95.960 | +0.031% | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 95.960 | +0.031% | $102K | $281K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 95.890 | −0.042% | $318K | $233K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 95.960 | +0.031% | $1.2M | $101K | 100x | as long as short |
| edgeX BZUSDC | +0.0013% | 4h | 95.961 | +0.033% | $220K | $234K | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 95.934 | +0.004% | $669K | $5.2M | 10x | as long as short |
| Lighter BRENTOIL | +0.0040% | 1h | 95.970 | +0.042% | $3.3M | $4.4M | 20x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.05 | +4.295% | — | $735K | 10x | as long as short |
| Polymarket Perps BRENTOIL-USDshort | +0.0050% | 1h | 96.025 | +0.099% | $1.5M | $549K | 20x | |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 95.940 | +0.010% | $3.1M | $1.1M | 15x | as long as short |
| Paradex BZ-USD-PERP | +0.0052% | 8h | 95.951 | +0.022% | $3K | $521 | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 95.870 | −0.063% | $3.8M | $1.1M | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.050 | +0.125% | $25K | $270K | 50x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0114% | 1h | 96.027 | +0.101% | $148.2M | $147.2M | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0150% | 1h | 96.021 | +0.095% | $6K | $45K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0158% | 1h | 95.998 | +0.071% | $81K | $263K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0552% | 1h | 96.030 | +0.104% | $33K | — | 20x | as long as short |
Bitget BZUSDT
Polymarket Perps BRENTOIL-USD
GMX BRENTOIL/USD [ETH-USDC]
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Extended XBR-USD
Lighter BRENTOIL
Paradex BZ-USD-PERP
KuCoin BZUSDTM
ApeX Omni BZUSDT
tradeXYZ xyz:BRENTOIL
Aftermath Perps BRENTUSD
Kraken Futures PF_BRENTOILUSD