Settings8H · net · $10k
Funding arb · Price arb /

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.05 per $10,000 · paid last 24h +0.022%
Price spread now: Polymarket Perps against Vest−3.988%7-day average −3.215% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.106%+$11 on $10k
Price spread, last 4 days (all we have)+0.294%+$29 · spread now −3.988%, 7d avg −3.215%
Together, before fees+0.400%+ Points / potential airdropVest: Active · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.773% cheaper against Vest than usual: you would sell low and buy high (spread −3.988% now, against its 7-day average of −3.215%). If the spread goes back, that is −$77 on $10k: about 2 months of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.106% in total) that is about 26 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BZ-PERP101.300.0008pay 0.0001% / 1h32m 04s$735K10x
ShortPolymarket Perps BRENTOIL-USD97.2600.0050get 0.0006% / 1h32m 04s$1.6M$405K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Vest. 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

Funding earned
$8.74
Price spread: −3.988% → −3.215%
−$77.33
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$78.59
Costs to cover
0.100%
Break-even
70.0 days
Slippage unknown: Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Polymarket Perps live order book, 1 min ago2.67 bp8.3 bp −$88.8 bp −$8827.5 bp −$2,750doesn't fit
Vest: 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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BRENT/USDC PERP−0.0220%1h96.605−4.635%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.160−4.087%$236K$412K15xas long as short
BloFin BZ-USDT−0.0005%4h97.280−3.968%$1.5M$98K50xas long as short
Aster BZUSDT0.0000%4h97.203−4.044%$338K$860K50xas long as short
Binance BZUSDT0.0000%4h97.190−4.057%$149.1M$352.9M100xas long as short
Bybit BZUSDT0.0000%8h97.170−4.077%$10.2M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.190−4.057%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.181−4.067%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.160−4.087%$9.2M$11.0M100xas long as short
Bitget BZUSDT0.0000%4h97.190−4.057%$27.8M$18.3M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.286−3.962%$9.5M$6.5Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.219−4.029%$18K$330K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.230−4.018%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.200−4.047%$100K$255K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.140−4.107%$279K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.480−3.771%$1.2M$86K100xas long as short
Vest BZ-PERPlong+0.0008%1h101.30long leg$735K10x
edgeX BZUSDC+0.0011%4h97.311−3.937%$224K$228K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.823−3.432%as long as short
Hotstuff BRENTOIL-PERP+0.0016%1h97.250−3.998%$34K20xas long as short
Ondo Perps BRENT-USD.P+0.0023%1h97.150−4.097%$3.1M$994K15xas long as short
Lighter BRENTOIL+0.0032%1h97.190−4.057%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.197−4.051%$738K$3.1M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.202−4.045%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.203−4.044%$155.1M$114.8M20xas long as short
Polymarket Perps BRENTOIL-USDshort+0.0050%1h97.260−3.988%$1.6M$405K20x
Aftermath Perps BRENTUSD+0.0093%1h97.297−3.952%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.220−4.028%$3.8M$801K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.160−4.087%$25K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.225−4.022%$82K$200K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.195−4.052%$115K111xas long as short