data as of
Settings8H · net · $10k
Funding arb /

BZ

RWAall BZ markets
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Funding spread now, next payment 14:00 UTC−0.0028%/8h
next payment, per $10,000$0.04paid, last 24h−0.071%paid, last 3 days+0.095%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BRENTOIL/USD [ETH-USDC]96.765L +0.0078% / S +0.0073%pay 0.0010% / 1h27m 30s$53K111x
ShortPolymarket Perps BRENTOIL-USD96.8320.0050get 0.0006% / 1h27m 30s$1.6M$500K20x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$5.92
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$25.92
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Polymarket Perps: live order book, 3 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.069%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Polymarket Perps live order book, 3 min ago2.07 bp8.3 bp −$89.4 bp −$94doesn't fitdoesn't fit
GMX: 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 30 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective BRENT/USDC PERP−0.0220%1h$15K$9730xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0163%1h$136K$164K15xas long as short
Vest BZ-PERP−0.0141%1h10xas long as short
Kraken Futures PF_BRENTOILUSD−0.0138%1h$175K$347K20xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h$259K$659K15xas long as short
Binance BZUSDT−0.0053%4h$149.4M$366.9M100xas long as short
Aster BZUSDT−0.0052%4h$339K$1.5M50xas long as short
edgeX BZUSDC−0.0044%4h$221K$238K20xas long as short
Aftermath Perps BRENTUSD−0.0025%1h$7K$50K5xas long as short
Variational Omni BZ−0.0014%4h$10.1M$11.5Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit BZUSDT0.0000%8h$10.9M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h$16.8M$28.2M50xas long as short
RISEx BZ/USDC0.0000%1h$2.3M$346K20xas long as short
Gate BZ_USDT0.0000%8h$9.3M$16.2M100xas long as short
Bitget BZUSDT0.0000%4h$28.8M$18.2M100xas long as short
SunX BRENTOIL-USDT0.0000%4h$4K$2.2M20xas long as short
HTX BRENTOIL-USDT0.0000%4h$289K$133K75xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1has long as short
Lighter BRENTOIL+0.0032%1h$3.3M$3.6M20xas long as short
Extended XBR-USD+0.0032%1h$675K$4.8M10xas long as short
Phemex XBRUSDT+0.0035%4h$1.2M$82K100xas long as short
BloFin BZ-USDT+0.0039%4h$1.6M$56K50xas long as short
Paradex BZ-USD-PERP+0.0043%8h$3K$2825xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h$144.2M$106.4M20xas long as short
Polymarket Perps BRENTOIL-USDshort+0.0050%1h$1.6M$500K20x
Ondo Perps BRENT-USD.P+0.0050%1h$3.1M$984K15xas long as short
Hotstuff BRENTOIL-PERP+0.0056%1h$33K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]longL +0.0078% / S +0.0073%1h$53K111x
KuCoin BZUSDTM+0.0100%4h$3.7M$858K50xas long as short
ApeX Omni BZUSDT+0.0100%1h$25K$271K50xas long as short