BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Polymarket Perps against Variational Omni+0.083%55s7-day average +0.122% · you sell dearer than you buy

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

Long on Variational Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.010%+$1 on $10k

Price spread, last 7 days+0.015%+$1 · spread now +0.083%, 7d avg +0.122%

Together, before fees+0.025%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.040% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.083% now, against its 7-day average of +0.122%). If the spread goes back, that is −$4 on $10k: about 2.6 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.010% in total) that is about 13 days. The two prices were read 55 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	Variational Omni BZ	96.749	0	get 0.0000% / 4h	2h 22m	$9.3M	$7.1M	—
Short	Polymarket Perps BRENTOIL-USD	96.829	0.0050	get 0.0006% / 1h	22m 42s	$1.5M	$470K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Variational Omni. 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 Variational OmnibpFee Polymarket PerpsbpOrdersPrice spread, now +0.083%Rate

Funding earned: $10.5
Price spread: +0.083% → +0.122%: −$3.97
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$1.47
Costs to cover: 0.080%
Break-even: 8.0 days

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Polymarket Perps: live order book, 1 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 Variational Omni RFQ quote, 1 min ago	2.63 bp	doesn't fit	4.7 bp −$47	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	2.12 bp	7.2 bp −$7	7.3 bp −$73	15.9 bp −$1,589	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
Injective BRENT/USDC PERP	−0.0220%	1h	96.070	−0.702%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.810	+0.063%	$234K	$426K	15x	as long as short
Aster BZUSDT	0.0000%	4h	96.760	+0.011%	$336K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.760	+0.011%	$146.2M	$380.3M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.740	−0.009%	$10.3M	$13.9M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.760	+0.011%	$15.9M	$21.7M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.751	+0.003%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.710	−0.040%	$9.2M	$12.8M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.760	+0.011%	$27.6M	$16.2M	100x	as long as short
Variational Omni BZlong	0.0000%	4h	96.749	long leg	$9.3M	$7.1M	—

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	96.783	+0.035%	$24K	$341K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.790	+0.042%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.780	+0.032%	$103K	$271K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.730	−0.020%	$277K	$269K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.770	+0.022%	$1.2M	$83K	100x	as long as short
edgeX BZUSDC	+0.0008%	4h	96.760	+0.012%	$222K	$227K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.300	+0.569%	—	—	—	as long as short
Hotstuff BRENTOIL-PERP	+0.0024%	1h	96.780	+0.032%	$33K	—	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.760	+0.011%	$3.3M	$4.4M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.757	+0.008%	$673K	$5.1M	10x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.81	+4.197%	—	$735K	10x	as long as short
Paradex BZ-USD-PERP	+0.0048%	8h	96.752	+0.003%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.770	+0.022%	$151.5M	$127.7M	20x	as long as short
Polymarket Perps BRENTOIL-USDshort	+0.0050%	1h	96.829	+0.083%	$1.5M	$470K	20x
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.740	−0.009%	$3.1M	$1.1M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.830	+0.084%	$3.8M	$891K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.760	+0.011%	$25K	$273K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0207% / S +0.0090%	1h	96.765	+0.017%	$126K	—	111x	as long as short
Aftermath Perps BRENTUSD	+0.0250%	1h	96.814	+0.067%	$7K	$44K	5x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0253%	1h	96.795	+0.047%	$83K	$218K	20x	as long as short