Funding arb · Price arb /

BZ

RWAall BZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0009%/8h= +1.0% APRpaid last 24h +0.002%

Price spread now: Polymarket Perps against Paradex+0.007%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex BZ-USD-PERP	95.308	0.0041	pay 0.0041% / 8h	6h 15m	$1K	$2K	5x
Short	Polymarket Perps BRENTOIL-USD	95.315	0.0050	get 0.0006% / 1h	15m 18s	$1.6M	$391K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Paradex. 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 ParadexbpFee Polymarket PerpsbpOrdersPrice spread, now +0.007%Rate

Funding earned: $1.89
Price spread: +0.007% → 0.000%: $0.75
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$9.36
Costs to cover: 0.120%
Break-even: 41.7 days

Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 1 min ago	1.63 bp	5.6 bp −$6	6.9 bp −$69	doesn't fit	doesn't fit

Paradex: 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 exchanges

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
Deribit BRENTOIL_USDC-PERPETUAL	−0.0484%	1h	95.290	−0.019%	$61K	$309K	15x	as long as short
Kraken Futures PF_BRENTOILUSD	−0.0339%	1h	95.309	+0.001%	$94K	$245K	20x	as long as short
RISEx BZ/USDC	−0.0289%	1h	95.313	+0.005%	$2.3M	$1.9M	20x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0080%	1h	95.420	+0.118%	$270K	$647K	15x	as long as short
GRVT BZ_USDT_Perp	−0.0042%	4h	95.421	+0.118%	$14K	$312K	25x	as long as short
Bybit BZUSDT	−0.0009%	8h	95.400	+0.097%	$10.0M	$15.4M	100x	as long as short
Aster BZUSDT	0.0000%	4h	95.377	+0.073%	$329K	$700K	50x	as long as short
Binance BZUSDT	0.0000%	4h	95.400	+0.097%	$146.6M	$418.5M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	95.410	+0.107%	$16.2M	$24.8M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	95.340	+0.034%	$9.1M	$12.6M	100x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	95.410	+0.107%	$27.9M	$25.8M	100x	as long as short
Variational Omni BZ	0.0000%	4h	95.295	−0.014%	$9.2M	$6.5M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	95.380	+0.076%	$4K	$1.8M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	95.390	+0.086%	$273K	$260K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	95.360	+0.055%	$1.2M	$81K	100x	as long as short
edgeX BZUSDC	+0.0009%	4h	95.400	+0.096%	$219K	$232K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	95.810	+0.527%	—	—	—	as long as short
Ondo Perps BRENT-USD.P	+0.0015%	1h	95.270	−0.040%	$3.1M	$1.1M	15x	as long as short
Vest BZ-PERP	+0.0019%	1h	99.000	+3.874%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	95.310	+0.002%	$3.5M	$5.5M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	95.362	+0.057%	$690K	$3.2M	10x	as long as short
Injective BRENT/USDC PERP	+0.0033%	1h	94.836	−0.495%	$8K	$7K	30x	as long as short
BloFin BZ-USDT	+0.0039%	4h	95.440	+0.139%	$1.6M	$108K	50x	as long as short
Paradex BZ-USD-PERPlong	+0.0041%	8h	95.308	long leg	$1K	$2K	5x
Aftermath Perps BRENTUSD	+0.0043%	1h	95.455	+0.154%	$7K	$38K	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	95.395	+0.091%	$146.0M	$140.2M	20x	as long as short
Polymarket Perps BRENTOIL-USDshort	+0.0050%	1h	95.315	+0.007%	$1.6M	$391K	20x
KuCoin BZUSDTM	+0.0100%	4h	95.410	+0.107%	$3.4M	$1.1M	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	95.450	+0.149%	$25K	$274K	50x	as long as short
Hotstuff BRENTOIL-PERP	+0.0144%	1h	95.310	+0.002%	$33K	—	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0184% / S −0.0707%	1h	95.305	−0.003%	$33K	—	111x	as long as short