BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0125%/8h= +13.7% APRnext payment +$0.16 per $10,000 · paid last 24h −0.043%

Price spread now: Polymarket Perps against RISEx+0.066%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$200.202% of the position

Long on RISEx Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.132%−$13 on $10k

Price spread, last 7 days−0.194%−$19 · spread now +0.066%, 7d avg +0.046%

Together, before fees−0.326%−$33 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Polymarket Perps is 0.020% dearer against RISEx than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.046%. Mind the row above: over the last 3 days funding on this pair cost −0.132%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx BZ/USDC	95.743	−0.0075	get 0.0009% / 1h	49m 15s	$2.2M	$1.3M	20x
Short	Polymarket Perps BRENTOIL-USD	95.806	0.0050	get 0.0006% / 1h	49m 15s	$1.5M	$531K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against RISEx. 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 RISExbpFee Polymarket PerpsbpOrdersPrice spread, now +0.066%Rate

Funding earned: $26.21
Price spread: +0.066% → +0.046%: $2.01
Slippage, 4 orders: −$6.24
Fee RISEx: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $7.98
Costs to cover: 0.202%
Break-even: 4.9 days

Slippage from RISEx: live order book, 5 min ago; Polymarket Perps: live order book, 4 min ago.

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 RISEx live order book, 5 min ago	0.78 bp	3.8 bp −$4	6.0 bp −$60	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	1.88 bp	6.8 bp −$7	6.9 bp −$69	17.8 bp −$1,781	doesn't fit

BZ on 30 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
GMX BRENTOIL/USD [ETH-USDC]	L −0.0799% / S +0.0481%	1h	95.765	+0.023%	$114K	—	29x	as long as short
Ondo Perps BRENT-USD.P	−0.0591%	1h	95.730	−0.013%	$3.0M	$1.1M	15x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.248	−0.517%	$8K	$7K	30x	as long as short
tradeXYZ xyz:BRENTOIL	−0.0200%	1h	95.790	+0.049%	$147.4M	$146.6M	20x	as long as short
Lighter BRENTOIL	−0.0176%	1h	95.790	+0.049%	$3.3M	$4.2M	20x	as long as short
Hotstuff BRENTOIL-PERP	−0.0152%	1h	95.770	+0.028%	$33K	—	20x	as long as short
RISEx BZ/USDClong	−0.0075%	1h	95.743	long leg	$2.2M	$1.3M	20x
BloFin BZ-USDT	−0.0054%	4h	95.740	−0.003%	$1.5M	$95K	50x	as long as short
GRVT BZ_USDT_Perp	−0.0042%	4h	95.760	+0.018%	$34K	$396K	25x	as long as short
Paradex BZ-USD-PERP	−0.0019%	8h	95.744	+0.001%	$3K	$521	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BRENTOIL-PERP-INTX	−0.0016%	1h	96.050	+0.321%	$232K	$680K	15x	as long as short
Aster BZUSDT	0.0000%	4h	95.834	+0.095%	$333K	$1.5M	50x	as long as short
Binance BZUSDT	0.0000%	4h	95.760	+0.018%	$145.3M	$483.2M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	95.750	+0.007%	$10.2M	$16.7M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	95.750	+0.007%	$15.7M	$28.8M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	95.730	−0.013%	$9.2M	$17.9M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	95.750	+0.007%	$27.4M	$22.3M	100x	as long as short
Variational Omni BZ	0.0000%	4h	95.737	−0.006%	$9.2M	$9.2M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	95.790	+0.049%	$4K	$2.7M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	95.800	+0.060%	$102K	$279K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	95.740	−0.003%	$318K	$233K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	95.820	+0.081%	$1.2M	$100K	100x	as long as short
edgeX BZUSDC	+0.0005%	4h	95.735	−0.008%	$219K	$234K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0017%	1h	95.803	+0.062%	$5K	$45K	5x	as long as short
Extended XBR-USD	+0.0032%	1h	95.905	+0.169%	$675K	$5.3M	10x	as long as short
Vest BZ-PERP	+0.0046%	1h	99.720	+4.154%	—	$735K	10x	as long as short
Polymarket Perps BRENTOIL-USDshort	+0.0050%	1h	95.806	+0.066%	$1.5M	$531K	20x
KuCoin BZUSDTM	+0.0100%	4h	95.790	+0.049%	$3.8M	$1.0M	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	95.780	+0.039%	$25K	$271K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0556%	1h	95.808	+0.067%	$81K	$244K	20x	as long as short