BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%

Price spread now: ApeX Omni against Polymarket Perps−0.021%63s7-day average −0.091% · you buy dearer than you sell

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

Long on Polymarket Perps Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 4 days (all we have)−0.112%−$11 · spread now −0.021%, 7d avg −0.091%

Together, before fees−0.332%−$33 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.070% dearer against Polymarket Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.091%. Mind the row above: over the last 7 days funding on this pair cost −0.220%, so the current rate has only just turned in your favour. The two prices were read 63 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	Polymarket Perps BRENTOIL-USD	97.300	0.0050	pay 0.0006% / 1h	25m 51s	$1.6M	$344K	20x
Short	ApeX Omni BZUSDT	97.280	0.0100	get 0.0013% / 1h	25m 51s	$25K	$273K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. 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 Polymarket PerpsbpFee ApeX OmnibpOrdersPrice spread, now −0.021%Rate

Funding earned: $10.5
Price spread: −0.021% → −0.091%: $7.03
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$0.47
Costs to cover: 0.180%
Break-even: 7.3 days

Slippage unknown: Polymarket Perps: live order book, 3 min ago; ApeX Omni: live order book, 6 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 Polymarket Perps live order book, 3 min ago	255.91 bp	862.8 bp −$863	11361.5 bp −$113.6K	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 6 min ago	7.20 bp	18.3 bp −$18	191.4 bp −$1,914	doesn't fit	doesn't fit

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
Deribit BRENTOIL_USDC-PERPETUAL	−0.0264%	1h	97.270	−0.031%	$100K	$265K	15x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	96.342	−0.985%	$8K	$7K	30x	as long as short
Ondo Perps BRENT-USD.P	−0.0074%	1h	97.210	−0.092%	$3.1M	$1.0M	15x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0056%	1h	97.240	−0.062%	$237K	$409K	15x	as long as short
GRVT BZ_USDT_Perp	−0.0052%	4h	97.256	−0.045%	$13K	$340K	25x	as long as short
RISEx BZ/USDC	−0.0039%	1h	97.256	−0.045%	$2.4M	$1.8M	20x	as long as short
BloFin BZ-USDT	−0.0006%	4h	97.390	+0.092%	$1.5M	$101K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	−0.0002%	1h	97.266	−0.035%	$82K	$198K	20x	as long as short
Aster BZUSDT	0.0000%	4h	97.208	−0.094%	$337K	$714K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.150	−0.154%	$147.9M	$358.0M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit BZUSDT	0.0000%	8h	97.160	−0.144%	$10.2M	$13.4M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.140	−0.164%	$16.2M	$20.1M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	97.100	−0.206%	$9.2M	$10.6M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.200	−0.103%	$27.9M	$19.1M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.269	−0.032%	$9.4M	$6.1M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.290	−0.010%	$4K	$2.3M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.240	−0.062%	$279K	$251K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.290	−0.010%	$1.2M	$82K	100x	as long as short
Vest BZ-PERP	+0.0008%	1h	101.26	+4.070%	—	$735K	10x	as long as short
edgeX BZUSDC	+0.0009%	4h	97.242	−0.060%	$223K	$230K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.119	+0.841%	—	—	—	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.250	−0.051%	$3.4M	$4.3M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.188	−0.116%	$753K	$2.7M	10x	as long as short
Paradex BZ-USD-PERP	+0.0045%	8h	97.284	−0.016%	$2K	$1K	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.244	−0.058%	$154.6M	$117.2M	20x	as long as short
Polymarket Perps BRENTOIL-USDlong	+0.0050%	1h	97.300	long leg	$1.6M	$344K	20x
Aftermath Perps BRENTUSD	+0.0063%	1h	97.416	+0.119%	$7K	$39K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.270	−0.031%	$3.8M	$790K	50x	as long as short
ApeX Omni BZUSDTshort	+0.0100%	1h	97.280	−0.021%	$25K	$273K	50x
Hotstuff BRENTOIL-PERP	+0.0272%	1h	97.460	+0.164%	$34K	—	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0328% / S −0.2771%	1h	97.265	−0.036%	$115K	—	111x	as long as short