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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.031%
Price spread now: Bitget against Polymarket Perps−0.099%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.341% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.556%−$56 on $10k
Price spread, last 7 days+0.165%+$16 · spread now −0.099%, 7d avg −0.092%
Together, before fees−0.391%−$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.092%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps BRENTOIL-USD96.0250.0050pay 0.0006% / 1h29m 07s$1.5M$549K20x
ShortBitget BZUSDT95.9300get 0.0000% / 4h2h 29m$27.5M$24.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
−$10.5
Price spread: −0.099% → −0.092%
−$0.7
Slippage, 4 orders
−$14.1
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$45.3
Costs to cover
0.341%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; Bitget: 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 Polymarket Perps live order book, 4 min ago2.71 bp6.7 bp −$77.6 bp −$761779.5 bp −$177.9Kdoesn't fit
Sell Bitget live order book, 5 min ago0.52 bp9.6 bp −$1015.2 bp −$15231.7 bp −$3,17571.7 bp −$35.9K

BZ on 30 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
GMX BRENTOIL/USD [ETH-USDC]L −0.0651% / S +0.0455%1h95.945−0.083%$114K111xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.398−0.653%$10K$4K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0112%1h96.050+0.026%$232K$859K15xas long as short
BloFin BZ-USDT−0.0049%4h95.940−0.089%$1.5M$97K50xas long as short
Aster BZUSDT0.0000%4h96.004−0.021%$335K$1.7M50xas long as short
Binance BZUSDT0.0000%4h95.960−0.068%$145.4M$489.2M100xas long as short
Bybit BZUSDT0.0000%8h95.960−0.068%$10.2M$17.2M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h95.930−0.099%$15.8M$30.3M50xas long as short
RISEx BZ/USDC0.0000%1h95.950−0.078%$2.2M$1.3M20xas long as short
Gate BZ_USDT0.0000%8h95.920−0.109%$9.1M$19.1M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDTshort0.0000%4h95.930−0.099%$27.5M$24.1M100x
Variational Omni BZ0.0000%4h95.981−0.046%$9.5M$11.2Mas long as short
GRVT BZ_USDT_Perp0.0000%4h95.970−0.057%$34K$406K25xas long as short
SunX BRENTOIL-USDT0.0000%4h95.960−0.068%$4K$2.7M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h95.960−0.068%$102K$281K15xas long as short
HTX BRENTOIL-USDT0.0000%4h95.890−0.141%$318K$233K75xas long as short
Phemex XBRUSDT0.0000%4h95.960−0.068%$1.2M$101K100xas long as short
edgeX BZUSDC+0.0013%4h95.961−0.066%$220K$234K20xas long as short
Extended XBR-USD+0.0032%1h95.934−0.095%$669K$5.2M10xas long as short
Lighter BRENTOIL+0.0040%1h95.970−0.057%$3.3M$4.4M20xas long as short
Vest BZ-PERP+0.0046%1h100.05+4.192%$735K10xas long as short
Polymarket Perps BRENTOIL-USDlong+0.0050%1h96.025long leg$1.5M$549K20x
Ondo Perps BRENT-USD.P+0.0050%1h95.940−0.089%$3.1M$1.1M15xas long as short
Paradex BZ-USD-PERP+0.0052%8h95.951−0.077%$3K$5215xas long as short
KuCoin BZUSDTM+0.0100%4h95.870−0.161%$3.8M$1.1M50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.050+0.026%$25K$270K50xas long as short
tradeXYZ xyz:BRENTOIL+0.0114%1h96.027+0.002%$148.2M$147.2M20xas long as short
Aftermath Perps BRENTUSD+0.0150%1h96.021−0.004%$6K$45K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0158%1h95.998−0.028%$81K$263K20xas long as short
Hotstuff BRENTOIL-PERP+0.0552%1h96.030+0.005%$33K20xas long as short