BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.012%

Price spread now: Polymarket Perps against gTrade (Gains Network)−0.520%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Polymarket Perps is 0.520% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.520% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$52 on $10k: about 45 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BRENT/USD	97.699	L +0.0011% / S −0.0011%	pay 0.0001% / 1h	15m 06s	—	—	—
Short	Polymarket Perps BRENTOIL-USD	97.191	0.0050	get 0.0006% / 1h	15m 06s	$1.6M	$405K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee Polymarket PerpsbpOrdersPrice spread, now −0.520%Rate

Funding earned: $8.1
Price spread: −0.520% → 0.000%: −$52.02
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$61.91
Costs to cover: 0.180%
Break-even: 60.5 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Polymarket Perps: live order book, 3 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 3 min ago	2.73 bp	7.4 bp −$7	7.6 bp −$76	17.4 bp −$1,741	doesn't fit

gTrade (Gains Network): 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 on 31 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
Injective BRENT/USDC PERP	−0.0220%	1h	96.342	−1.389%	$8K	$7K	30x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	−0.0162%	1h	97.130	−0.583%	$100K	$256K	15x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0056%	1h	97.110	−0.603%	$236K	$416K	15x	as long as short
BloFin BZ-USDT	−0.0051%	4h	97.140	−0.572%	$1.5M	$98K	50x	as long as short
Ondo Perps BRENT-USD.P	−0.0005%	1h	97.050	−0.664%	$3.1M	$995K	15x	as long as short
Aster BZUSDT	0.0000%	4h	97.176	−0.535%	$338K	$860K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.130	−0.583%	$148.2M	$351.3M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.120	−0.593%	$10.3M	$13.3M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.110	−0.603%	$16.0M	$19.5M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.123	−0.590%	$2.4M	$1.7M	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BZ_USDT	0.0000%	8h	97.080	−0.634%	$9.2M	$11.2M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.120	−0.593%	$27.8M	$18.4M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.090	−0.624%	$9.4M	$6.1M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.088	−0.626%	$18K	$331K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.160	−0.552%	$4K	$2.4M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.000	−0.716%	$278K	$254K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.560	−0.142%	$1.2M	$86K	100x	as long as short
Vest BZ-PERP	+0.0010%	1h	101.20	+3.583%	—	$735K	10x	as long as short
gTrade (Gains Network) BRENT/USDlong	L +0.0011% / S −0.0011%	1h	97.699	long leg	—	—	—
edgeX BZUSDC	+0.0019%	4h	97.008	−0.708%	$223K	$230K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.150	−0.562%	$3.3M	$4.0M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.163	−0.549%	$728K	$3.0M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.153	−0.559%	$2K	$1K	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.140	−0.572%	$155.1M	$115.3M	20x	as long as short
Polymarket Perps BRENTOIL-USDshort	+0.0050%	1h	97.191	−0.520%	$1.6M	$405K	20x
Aftermath Perps BRENTUSD	+0.0088%	1h	97.110	−0.603%	$7K	$40K	5x	as long as short
Hotstuff BRENTOIL-PERP	+0.0096%	1h	97.190	−0.521%	$33K	—	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.120	−0.593%	$3.8M	$803K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.090	−0.624%	$25K	$273K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0113%	1h	97.147	−0.566%	$82K	$200K	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0328% / S −0.2771%	1h	97.135	−0.577%	$115K	—	111x	as long as short