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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: Polymarket Perps against Extended−0.016%7-day average +0.125% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.413%+$41 on $10k
Price spread, last 7 days+0.258%+$26 · spread now −0.016%, 7d avg +0.125%
Together, before fees+0.671%+ Points / potential airdropExtended: Active · farm board+$67 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.141% cheaper against Extended than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.125%). If the spread goes back, that is −$14 on $10k: about 26 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.413% in total) that is about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XBR-USD97.3810.0032pay 0.0004% / 1h45m 16s$747K$2.8M10x
ShortPolymarket Perps BRENTOIL-USD97.3650.0050get 0.0006% / 1h45m 16s$1.6M$370K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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
$3.78
Price spread: −0.016% → +0.125%
−$14.12
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$23.34
Costs to cover
0.130%
Break-even
50.2 days
Slippage unknown: Extended: live order book, 3 min ago; Polymarket Perps: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago1.54 bp5.2 bp −$513.2 bp −$132doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 4 min ago255.91 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

BZ on 31 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
Deribit BRENTOIL_USDC-PERPETUAL−0.0263%1h97.340−0.042%$100K$259K15xas long as short
Injective BRENT/USDC PERP−0.0220%1h96.342−1.067%$8K$7K30xas long as short
Hotstuff BRENTOIL-PERP−0.0128%1h97.370−0.011%$34K20xas long as short
Ondo Perps BRENT-USD.P−0.0066%1h97.280−0.104%$3.1M$990K15xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.480+0.102%$237K$402K15xas long as short
RISEx BZ/USDC−0.0039%1h97.332−0.051%$2.4M$1.7M20xas long as short
GRVT BZ_USDT_Perp−0.0034%4h97.302−0.081%$14K$332K25xas long as short
BloFin BZ-USDT−0.0026%4h97.340−0.042%$1.5M$99K50xas long as short
Kraken Futures PF_BRENTOILUSD−0.0002%1h97.360−0.021%$82K$198K20xas long as short
Aster BZUSDT0.0000%4h97.350−0.032%$339K$761K50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BZUSDT0.0000%4h97.348−0.034%$148.8M$352.7M100xas long as short
Bybit BZUSDT0.0000%8h97.330−0.052%$10.3M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.330−0.052%$16.1M$19.8M50xas long as short
Gate BZ_USDT0.0000%8h97.290−0.093%$9.2M$10.3M100xas long as short
Bitget BZUSDT0.0000%4h97.360−0.021%$28.0M$18.7M100xas long as short
Variational Omni BZ0.0000%4h97.339−0.043%$9.4M$6.1Mas long as short
SunX BRENTOIL-USDT0.0000%4h97.360−0.021%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.270−0.114%$279K$251K75xas long as short
Phemex XBRUSDT0.0000%4h97.470+0.092%$1.2M$85K100xas long as short
edgeX BZUSDC+0.0009%4h97.270−0.114%$223K$229K20xas long as short
Vest BZ-PERP+0.0010%1h101.34+4.066%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.912+0.546%as long as short
Lighter BRENTOIL+0.0032%1h97.340−0.042%$3.3M$4.1M20xas long as short
Extended XBR-USDlong+0.0032%1h97.381long leg$747K$2.8M10x
Paradex BZ-USD-PERP+0.0049%8h97.352−0.030%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.370−0.011%$155.3M$115.9M20xas long as short
Polymarket Perps BRENTOIL-USDshort+0.0050%1h97.365−0.016%$1.6M$370K20x
Aftermath Perps BRENTUSD+0.0074%1h97.343−0.039%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.320−0.062%$3.8M$798K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.300−0.083%$25K$273K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.345−0.037%$116K111xas long as short