Funding you earn now, next payment 07:00 UTC+0.0270%/8h= +29.6% APRnext payment +$0.34 per $10,000 · paid last 24h +0.081%
Price spread now: Polymarket Perps against Injective+0.831%111s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Polymarket Perps is 0.831% dearer against Injective than usual: you sell high and buy low: +$83 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BRENT/USDC PERP | 97.018 | −0.0220 | get 0.0028% / 1h | 31m 23s | $8K | $7K | 30x |
| Short | Polymarket Perps BRENTOIL-USD | 97.824 | 0.0050 | get 0.0006% / 1h | 31m 23s | $1.6M | $463K | 20x |
Injective BRENT/USDC PERP
Polymarket Perps BRENTOIL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Injective. 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
- $56.7
- Price spread: +0.831% → 0.000%
- $83.08
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $131.76
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 2 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 Injective no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 2 min ago | 2.35 bp | 7.0 bp −$7 | 7.4 bp −$74 | 17.8 bp −$1,775 | doesn't fit |
Injective: 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 PERPlong | −0.0220% | 1h | 97.018 | long leg | $8K | $7K | 30x | |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.810 | +0.816% | $236K | $417K | 15x | as long as short |
| BloFin BZ-USDT | −0.0018% | 4h | 97.810 | +0.816% | $1.5M | $97K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.795 | +0.801% | $340K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.794 | +0.800% | $147.8M | $349.3M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.760 | +0.765% | $10.5M | $13.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.770 | +0.775% | $16.1M | $19.7M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.761 | +0.766% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.730 | +0.734% | $9.3M | $11.0M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.780 | +0.785% | $28.0M | $17.3M | 100x | as long as short |
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.798 | +0.804% | $9.4M | $6.9M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.840 | +0.847% | $24K | $305K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.820 | +0.827% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.780 | +0.785% | $100K | $252K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.750 | +0.754% | $281K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.790 | +0.796% | $1.2M | $86K | 100x | as long as short |
| Vest BZ-PERP | +0.0010% | 1h | 101.92 | +5.053% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.338 | +1.360% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0016% | 4h | 97.812 | +0.819% | $225K | $228K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.770 | +0.775% | $3.3M | $4.1M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.789 | +0.795% | $682K | $3.3M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.774 | +0.779% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.787 | +0.793% | $155.2M | $116.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USDshort | +0.0050% | 1h | 97.824 | +0.831% | $1.6M | $463K | 20x | |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.740 | +0.744% | $3.1M | $994K | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0080% | 1h | 97.780 | +0.785% | $34K | — | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0081% | 1h | 97.808 | +0.814% | $7K | $41K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.800 | +0.806% | $3.8M | $809K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.830 | +0.837% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0158% | 1h | 97.773 | +0.779% | $82K | $206K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.775 | +0.780% | $116K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Ondo Perps BRENT-USD.P
Hotstuff BRENTOIL-PERP
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]