Funding you earn now, next payment 01:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.05 per $10,000 · paid last 24h −0.012%
Price spread now: gTrade (Gains Network) against Polymarket Perps+0.507%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.507% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.507% now, against zero (this spread has no 7-day history yet)): +$51 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 43 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BRENTOIL-USD | 96.526 | 0.0050 | pay 0.0006% / 1h | 28m 18s | $1.5M | $511K | 20x |
| Short | gTrade (Gains Network) BRENT/USD | 97.015 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 28m 18s | — | — | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.16
- Price spread: +0.507% → 0.000%
- $50.66
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $24.5
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Polymarket Perps: live order book, 5 min ago; gTrade (Gains Network): no order-book sample. 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, 5 min ago | 2.07 bp | 6.1 bp −$6 | 6.8 bp −$68 | 16.0 bp −$1,598 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
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 | 95.669 | −0.888% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0136% | 1h | 96.070 | −0.472% | $232K | $468K | 15x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L −0.0098% / S +0.0137% | 1h | 96.485 | −0.042% | $33K | — | 111x | as long as short |
| BloFin BZ-USDT | −0.0045% | 4h | 96.450 | −0.079% | $1.5M | $95K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.472 | −0.056% | $335K | $1.2M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.482 | −0.046% | $145.6M | $424.2M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.470 | −0.058% | $10.4M | $15.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.470 | −0.058% | $15.9M | $25.3M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 96.453 | −0.076% | $2.2M | $1.3M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.430 | −0.099% | $9.2M | $14.3M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDT | 0.0000% | 4h | 96.490 | −0.037% | $27.6M | $19.5M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 96.430 | −0.099% | $9.3M | $7.5M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.442 | −0.087% | $24K | $375K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.490 | −0.037% | $4K | $2.6M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.510 | −0.017% | $103K | $271K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.410 | −0.120% | $307K | $226K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.480 | −0.048% | $1.2M | $94K | 100x | as long as short |
| edgeX BZUSDC | +0.0001% | 4h | 96.424 | −0.105% | $221K | $234K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | L +0.0011% / S −0.0011% | 1h | 97.015 | +0.507% | — | — | — | |
| Kraken Futures PF_BRENTOILUSD | +0.0020% | 1h | 96.498 | −0.029% | $83K | $235K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0030% | 1h | 96.420 | −0.110% | $3.1M | $1.1M | 15x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.460 | −0.068% | $3.4M | $4.3M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 96.495 | −0.032% | $747K | $5.4M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0043% | 8h | 96.462 | −0.066% | $3K | $521 | 5x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.53 | +4.148% | — | $735K | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.488 | −0.039% | $151.5M | $142.3M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USDlong | +0.0050% | 1h | 96.526 | long leg | $1.5M | $511K | 20x | |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.500 | −0.027% | $3.8M | $984K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.490 | −0.037% | $25K | $272K | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0104% | 1h | 96.490 | −0.037% | $33K | — | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0429% | 1h | 96.470 | −0.058% | $7K | $45K | 5x | as long as short |
Polymarket Perps BRENTOIL-USD
gTrade (Gains Network) BRENT/USD
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
GMX BRENTOIL/USD [ETH-USDC]
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Kraken Futures PF_BRENTOILUSD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD