After costs, if the gap returns to its 7d average, $10k−$35
spread now+0.019%7d average+0.086%fees + slippage, in and out−$28spread needed0.279%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BZUSDT | 96.780 | 0 | get 0.0000% / 4h | 2h 34m | $28.8M | $17.8M | 100x |
| Short | Polymarket Perps BRENTOIL-USD | 96.798 | 0.0050 | get 0.0006% / 1h | 34m 26s | $1.6M | $500K | 20x |
Bitget BZUSDT
Polymarket Perps BRENTOIL-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $1.86
- Funding while held
- $1.5
- Slippage, 4 orders
- −$7.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$24.52
- Spread needed to break even
- 0.279%
Slippage from Bitget: live order book, 1 min ago; Polymarket Perps: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- Average in range /8h
- —
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 Bitget live order book, 1 min ago | 0.52 bp | 8.1 bp −$8 | 10.6 bp −$106 | 31.5 bp −$3,155 | 77.1 bp −$38.5K |
| Sell Polymarket Perps live order book, 1 min ago | 2.17 bp | 6.5 bp −$6 | 8.1 bp −$81 | 23.9 bp −$2,388 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective95.910cheapestedgeX96.446+0.559%Variational Omni96.495+0.610%HTX96.500+0.615%GMX96.605+0.725%BloFin96.620+0.740%Aftermath Perps96.628+0.749%SunX96.630+0.751%Deribit96.630+0.751%Gate96.650+0.772%Kraken Futures96.656+0.778%Hotstuff96.660+0.782%ApeX Omni96.670+0.792%Aster96.678+0.801%Paradex96.685+0.808%Lighter96.700+0.824%tradeXYZ96.710+0.834%Ondo Perps96.720+0.845%Bybit96.730+0.855%RISEx96.730+0.855%KuCoin96.730+0.855%Extended96.734+0.859%Binance96.750+0.876%OKX96.770+0.897%
Injective
Variational Omni
HTX
GMX
BloFin
SunX
Deribit
Gate
Kraken Futures
Hotstuff
ApeX Omni
Aster
Paradex
Lighter
tradeXYZ
Ondo Perps
Bybit
RISEx
KuCoin
Extended
Binance
OKXBitget96.780+0.907%
Polymarket Perps96.798+0.926%
Coinbase International96.900+1.032%Phemex96.990+1.126%gTrade (Gains Network)97.328+1.478%Vest100.24+4.515%
Coinbase International
Phemex
gTrade (Gains Network)
VestBZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −0.899% | −0.0220% | 1h | $15K | $97 | 30x | as long as short |
| edgeX BZUSDC | −0.345% | −0.0059% | 4h | $221K | $237K | 20x | as long as short |
| Variational Omni BZ | −0.294% | −0.0020% | 4h | $10.1M | $11.4M | — | as long as short |
| HTX BRENTOIL-USDT | −0.289% | 0.0000% | 4h | $288K | $133K | 75x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.181% | L +0.0081% / S +0.0072% | 1h | $53K | — | 111x | as long as short |
| BloFin BZ-USDT | −0.165% | −0.0015% | 4h | $1.6M | $56K | 50x | as long as short |
| Aftermath Perps BRENTUSD | −0.157% | −0.0025% | 1h | $7K | $50K | 5x | as long as short |
| SunX BRENTOIL-USDT | −0.155% | 0.0000% | 4h | $4K | $2.2M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.155% | 0.0000% | 1h | $136K | $161K | 15x | as long as short |
| Gate BZ_USDT | −0.134% | 0.0000% | 8h | $9.3M | $16.1M | 100x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BRENTOILUSD | −0.128% | −0.0138% | 1h | $174K | $345K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.124% | +0.0032% | 1h | $33K | — | 20x | as long as short |
| ApeX Omni BZUSDT | −0.114% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Aster BZUSDT | −0.106% | −0.0065% | 4h | $338K | $1.5M | 50x | as long as short |
| Paradex BZ-USD-PERP | −0.098% | +0.0042% | 8h | $3K | $185 | 5x | as long as short |
| Lighter BRENTOIL | −0.083% | +0.0032% | 1h | $3.3M | $3.6M | 20x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.072% | +0.0050% | 1h | $143.8M | $105.7M | 20x | as long as short |
| Ondo Perps BRENT-USD.P | −0.062% | +0.0050% | 1h | $3.1M | $971K | 15x | as long as short |
| Bybit BZUSDT | −0.052% | 0.0000% | 8h | $10.8M | $13.0M | 100x | as long as short |
| RISEx BZ/USDC | −0.052% | 0.0000% | 1h | $2.3M | $345K | 20x | as long as short |
| KuCoin BZUSDTM | −0.052% | +0.0100% | 4h | $3.7M | $857K | 50x | as long as short |
| Extended XBR-USD | −0.048% | +0.0032% | 1h | $704K | $4.7M | 10x | as long as short |
| Binance BZUSDT | −0.031% | −0.0058% | 4h | $149.5M | $363.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.010% | 0.0000% | 4h | $16.8M | $28.0M | 50x | as long as short |
| Bitget BZUSDTlong | 0.000% | 0.0000% | 4h | $28.8M | $17.8M | 100x | |
| Polymarket Perps BRENTOIL-USDshort | +0.019% | +0.0050% | 1h | $1.6M | $500K | 20x | |
| Coinbase International BRENTOIL-PERP-INTX | +0.124% | −0.0088% | 1h | $261K | $653K | 15x | as long as short |
| Phemex XBRUSDT | +0.217% | 0.0000% | 4h | $1.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.566% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +3.575% | −0.0142% | 1h | — | — | 10x | as long as short |