Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: BloFin against Polymarket Perps−0.093%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$300.299% of the position
Funding, last 7 days−0.403%−$40 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.093%, 7d avg −0.095%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BRENTOIL-USD | 97.280 | 0.0050 | pay 0.0006% / 1h | 35m 04s | $1.6M | $405K | 20x |
| Short | BloFin BZ-USDT | 97.190 | 0.0050 | get 0.0025% / 4h | 35m 04s | $1.5M | $98K | 50x |
Polymarket Perps BRENTOIL-USD
BloFin BZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $0.09
- Price spread: −0.093% → −0.095%
- $0.29
- Slippage, 4 orders
- −$9.94
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.56
- Costs to cover
- 0.299%
- Break-even
- 2235.6 days
Slippage from Polymarket Perps: live order book, 3 min ago; BloFin: live order book, 3 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 Polymarket Perps live order book, 3 min ago | 2.16 bp | 6.2 bp −$6 | 7.8 bp −$78 | 14.2 bp −$1,424 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.03 bp | 9.6 bp −$10 | 11.0 bp −$110 | 18.4 bp −$1,844 | 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 | 96.605 | −0.694% | $8K | $7K | 30x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0059% | 1h | 97.200 | −0.082% | $100K | $254K | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.160 | −0.123% | $235K | $410K | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0032% | 1h | 97.270 | −0.010% | $34K | — | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.206 | −0.076% | $338K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.170 | −0.113% | $149.1M | $352.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.180 | −0.103% | $10.2M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.180 | −0.103% | $16.1M | $19.6M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.227 | −0.054% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.150 | −0.134% | $9.2M | $10.9M | 100x | as long as short |
Injective BRENT/USDC PERP
Deribit BRENTOIL_USDC-PERPETUAL
Coinbase International BRENTOIL-PERP-INTX
Hotstuff BRENTOIL-PERP
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDT | 0.0000% | 4h | 97.170 | −0.113% | $27.8M | $18.3M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.286 | +0.006% | $9.5M | $6.5M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.360 | +0.082% | $18K | $330K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.210 | −0.072% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.330 | +0.051% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.420 | +0.144% | $1.2M | $87K | 100x | as long as short |
| Vest BZ-PERP | +0.0008% | 1h | 101.32 | +4.153% | — | $735K | 10x | as long as short |
| edgeX BZUSDC | +0.0011% | 4h | 97.311 | +0.032% | $224K | $228K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.781 | +0.515% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.210 | −0.072% | $3.3M | $3.9M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.217 | −0.064% | $738K | $3.1M | 10x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0032% | 1h | 97.210 | −0.072% | $3.1M | $998K | 15x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.238 | −0.043% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.191 | −0.091% | $154.9M | $114.6M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USDlong | +0.0050% | 1h | 97.280 | long leg | $1.6M | $405K | 20x | |
| BloFin BZ-USDTshort | +0.0050% | 4h | 97.190 | −0.093% | $1.5M | $98K | 50x | |
| Aftermath Perps BRENTUSD | +0.0094% | 1h | 97.358 | +0.080% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.230 | −0.051% | $3.8M | $802K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.330 | +0.051% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.232 | −0.050% | $82K | $200K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.215 | −0.067% | $115K | — | 111x | as long as short |
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
Vest BZ-PERP
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Ondo Perps BRENT-USD.P
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]