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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Polymarket Perps against GRVT+0.083%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs+$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Long on GRVTShort on Polymarket Perps
What this pair did over the last
the charts below follow
Funding, last 7 days+0.429%+$43 on $10k
Price spread, last 4 days (all we have)+0.142%+$14 · spread now +0.083%, 7d avg +0.093%
Together, before fees+0.570%+ Points / potential airdropGRVT: Active · farm board+$57 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BZ_USDT_Perp97.3400get 0.0000% / 4h38m 43s$18K$330K25x
ShortPolymarket Perps BRENTOIL-USD97.4210.0050get 0.0006% / 1h38m 43s$1.6M$405K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against GRVT. 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: +0.083% → +0.093%
−$0.95
Slippage, 4 orders
−$11.26
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$18.71
Costs to cover
0.283%
Break-even
19.5 days
Slippage from GRVT: live order book, 64 min ago; Polymarket Perps: live order book, 5 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 GRVT live order book, 64 min ago0.51 bp7.8 bp −$810.2 bp −$102doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago2.15 bp8.4 bp −$88.5 bp −$8521.4 bp −$2,143doesn'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
Injective BRENT/USDC PERP−0.0220%1h97.155−0.190%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.700+0.370%$237K$412K15xas long as short
BloFin BZ-USDT−0.0034%4h97.360+0.021%$1.5M$95K50xas long as short
Aster BZUSDT0.0000%4h97.405+0.067%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.382+0.043%$149.5M$353.1M100xas long as short
Bybit BZUSDT0.0000%8h97.360+0.021%$10.2M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.380+0.041%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.348+0.008%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.350+0.010%$9.2M$10.9M100xas long as short
Bitget BZUSDT0.0000%4h97.370+0.031%$27.8M$18.3M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.336−0.004%$9.5M$6.6M—as long as short
GRVT BZ_USDT_Perplong0.0000%4h97.340long leg$18K$330K25x
SunX BRENTOIL-USDT0.0000%4h97.420+0.082%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.380+0.041%$100K$254K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.3400.000%$279K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.570+0.236%$1.2M$87K100xas long as short
edgeX BZUSDC+0.0007%4h97.345+0.005%$224K$228K20xas long as short
Vest BZ-PERP+0.0008%1h101.46+4.233%—$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.945+0.621%———as long as short
Hotstuff BRENTOIL-PERP+0.0016%1h97.370+0.031%$34K—20xas long as short
Ondo Perps BRENT-USD.P+0.0027%1h97.310−0.031%$3.1M$999K15xas long as short
Lighter BRENTOIL+0.0032%1h97.360+0.021%$3.3M$3.9M20xas long as short
Extended XBR-USD+0.0032%1h97.371+0.032%$738K$3.1M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.363+0.024%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.400+0.062%$155.2M$114.4M20xas long as short
Polymarket Perps BRENTOIL-USDshort+0.0050%1h97.421+0.083%$1.6M$405K20x
Aftermath Perps BRENTUSD+0.0090%1h97.411+0.073%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.410+0.072%$3.8M$802K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.320−0.021%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.401+0.062%$82K$200K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.395+0.057%$116K—111xas long as short