Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Variational Omni against Polymarket Perps−0.042%7-day average −0.126% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.015%−$1 on $10k
+Price spread, last 7 days−0.195%−$20 · spread now −0.042%, 7d avg −0.126%
=Together, before fees−0.210%+ Points / potential airdropVariational Omni: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.084% dearer against Polymarket Perps than usual: you sell high and buy low (spread −0.042% now, against its 7-day average of −0.126%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.6 days. At the pace of the last 4 days (−0.015% in total) that is about 21 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BRENTOIL-USD | 97.310 | 0.0050 | pay 0.0006% / 1h | 50m 18s | $1.6M | $395K | 20x |
| Short | Variational Omni BZ | 97.269 | 0 | get 0.0000% / 4h | 3h 50m | $9.4M | $6.2M | — |
Polymarket Perps BRENTOIL-USD
Variational Omni BZFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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 itlatest
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: −0.042% → −0.126%
- $8.38
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$10.12
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Polymarket Perps: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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, 4 min ago | 255.91 bp | 862.8 bp −$863 | 11361.5 bp −$113.6K | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.62 bp | doesn't fit | 5.0 bp −$50 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.342 | −0.995% | $8K | $7K | 30x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0161% | 1h | 97.300 | −0.010% | $100K | $259K | 15x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0082% | 1h | 97.220 | −0.092% | $3.1M | $991K | 15x | as long as short |
| GRVT BZ_USDT_Perp | −0.0074% | 4h | 97.238 | −0.074% | $14K | $332K | 25x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.480 | +0.175% | $237K | $402K | 15x | as long as short |
| RISEx BZ/USDC | −0.0039% | 1h | 97.252 | −0.060% | $2.4M | $1.7M | 20x | as long as short |
| Bybit BZUSDT | −0.0011% | 8h | 97.290 | −0.021% | $10.3M | $13.4M | 100x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.0002% | 1h | 97.313 | +0.003% | $82K | $200K | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.326 | +0.016% | $338K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.297 | −0.013% | $148.7M | $352.6M | 100x | as long as short |
Injective BRENT/USDC PERP
Deribit BRENTOIL_USDC-PERPETUAL
Ondo Perps BRENT-USD.P
GRVT BZ_USDT_Perp
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDC
Bybit BZUSDT
Kraken Futures PF_BRENTOILUSD
Aster BZUSDT
Binance BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.290 | −0.021% | $16.1M | $19.8M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.250 | −0.062% | $9.2M | $10.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.310 | 0.000% | $27.9M | $18.7M | 100x | as long as short |
| Variational Omni BZshort | 0.0000% | 4h | 97.269 | −0.042% | $9.4M | $6.2M | — | |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.310 | 0.000% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.210 | −0.103% | $279K | $251K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.420 | +0.113% | $1.2M | $85K | 100x | as long as short |
| Vest BZ-PERP | +0.0010% | 1h | 101.28 | +4.080% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.840 | +0.545% | — | — | — | as long as short |
| BloFin BZ-USDT | +0.0014% | 4h | 97.310 | 0.000% | $1.5M | $99K | 50x | as long as short |
| edgeX BZUSDC | +0.0015% | 4h | 97.204 | −0.109% | $223K | $229K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.280 | −0.031% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.333 | +0.024% | $747K | $2.8M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0049% | 8h | 97.271 | −0.040% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.335 | +0.026% | $155.4M | $115.6M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USDlong | +0.0050% | 1h | 97.310 | long leg | $1.6M | $395K | 20x | |
| Hotstuff BRENTOIL-PERP | +0.0056% | 1h | 97.350 | +0.041% | $34K | — | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0079% | 1h | 97.319 | +0.009% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.280 | −0.031% | $3.8M | $798K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.280 | −0.031% | $25K | $273K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.305 | −0.005% | $115K | — | 111x | as long as short |
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
BloFin BZ-USDT
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Hotstuff BRENTOIL-PERP
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]