Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Variational Omni against Polymarket Perps−0.042%7-day average −0.125% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.013%−$1 on $10k
+Price spread, last 7 days−0.251%−$25 · spread now −0.042%, 7d avg −0.125%
=Together, before fees−0.264%+ Points / potential airdropVariational Omni: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.083% dearer against Polymarket Perps than usual: you sell high and buy low (spread −0.042% now, against its 7-day average of −0.125%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.5 days. At the pace of the last 4 days (−0.013% in total) that is about 23 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BRENTOIL-USD | 97.529 | 0.0050 | pay 0.0006% / 1h | 47m 27s | $1.6M | $463K | 20x |
| Short | Variational Omni BZ | 97.488 | 0 | get 0.0000% / 4h | 2h 47m | $9.3M | $6.9M | — |
Polymarket Perps BRENTOIL-USD
Variational Omni BZFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$10.5
- Price spread: −0.042% → −0.125%
- $8.27
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$10.23
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Polymarket Perps: live order book, 6 min ago; Variational Omni: RFQ quote, 2 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 Polymarket Perps live order book, 6 min ago | 1.95 bp | 7.5 bp −$7 | 7.5 bp −$75 | 14.4 bp −$1,441 | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.62 bp | doesn't fit | 3.0 bp −$30 | doesn't fit | 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 | 96.684 | −0.866% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0096% | 1h | 97.460 | −0.071% | $237K | $441K | 15x | as long as short |
| BloFin BZ-USDT | −0.0040% | 4h | 97.520 | −0.009% | $1.5M | $97K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.523 | −0.006% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.520 | −0.009% | $147.5M | $364.6M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.520 | −0.009% | $10.4M | $12.5M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.530 | +0.001% | $16.1M | $20.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.490 | −0.039% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.480 | −0.050% | $9.2M | $11.6M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.510 | −0.019% | $28.0M | $16.6M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZshort | 0.0000% | 4h | 97.488 | −0.042% | $9.3M | $6.9M | — | |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.497 | −0.032% | $26K | $315K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.520 | −0.009% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.510 | −0.019% | $101K | $249K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.450 | −0.081% | $280K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.520 | −0.009% | $1.2M | $83K | 100x | as long as short |
| edgeX BZUSDC | +0.0001% | 4h | 97.457 | −0.074% | $224K | $228K | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0009% | 1h | 97.504 | −0.026% | $82K | $208K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.067 | +0.552% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0020% | 1h | 101.57 | +4.143% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.520 | −0.009% | $3.2M | $4.6M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.522 | −0.007% | $680K | $3.9M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.509 | −0.021% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.528 | −0.001% | $153.8M | $125.4M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USDlong | +0.0050% | 1h | 97.529 | long leg | $1.6M | $463K | 20x | |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.460 | −0.071% | $3.1M | $1.0M | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.0054% | 1h | 97.490 | −0.040% | $7K | $42K | 5x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0056% | 1h | 97.530 | +0.001% | $34K | — | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.570 | +0.042% | $3.8M | $837K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.520 | −0.009% | $26K | $274K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0295% / S −0.2195% | 1h | 97.515 | −0.014% | $115K | — | 111x | as long as short |
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Kraken Futures PF_BRENTOILUSD
gTrade (Gains Network) BRENT/USD
Vest BZ-PERP
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Ondo Perps BRENT-USD.P
Aftermath Perps BRENTUSD
Hotstuff BRENTOIL-PERP
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]