After costs, if the gap returns to its 7d average, $10k−$35
spread now+0.048%7d average+0.099%fees + slippage, in and out−$30spread needed0.303%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BZ-USDT | 95.490 | −0.0027 | get 0.0014% / 4h | 2h 42m | $1.5M | $80K | 50x |
| Short | Polymarket Perps BRENTOIL-USD | 95.536 | 0.0050 | get 0.0006% / 1h | 42m 38s | $1.5M | $549K | 20x |
BloFin BZ-USDT
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
- $4.82
- Funding while held
- $2.31
- Slippage, 4 orders
- −$10.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$23.21
- Spread needed to break even
- 0.303%
Slippage from BloFin: live order book, 1 min ago; Polymarket Perps: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0077%
- Per $10,000 a day
- +$2.31
- 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 BloFin live order book, 1 min ago | 1.57 bp | 9.6 bp −$10 | 10.9 bp −$109 | 19.7 bp −$1,968 | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 2.56 bp | 6.6 bp −$7 | 7.3 bp −$73 | 20.2 bp −$2,025 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective94.482cheapestHTX95.400+0.972%Gate95.440+1.014%Variational Omni95.458+1.033%Ondo Perps95.460+1.035%Bybit95.470+1.046%Aster95.477+1.053%Bitget95.480+1.056%Coinbase International95.480+1.056%edgeX95.481+1.058%Paradex95.484+1.061%GMX95.485+1.062%Binance95.490+1.067%OKX95.490+1.067%
Injective
HTX
Gate
Variational Omni
Ondo Perps
Bybit
Aster
Bitget
Coinbase International
Paradex
GMX
Binance
OKXBloFin95.490+1.067%
tradeXYZ95.500+1.077%Lighter95.500+1.077%KuCoin95.500+1.077%SunX95.500+1.077%Hotstuff95.510+1.088%ApeX Omni95.510+1.088%Extended95.511+1.089%Aftermath Perps95.518+1.097%Deribit95.520+1.099%Kraken Futures95.530+1.110%
tradeXYZ
Lighter
KuCoin
SunX
Hotstuff
ApeX Omni
Extended
Deribit
Kraken FuturesPolymarket Perps95.536+1.116%
RISEx95.546+1.126%Phemex95.630+1.215%gTrade (Gains Network)96.196+1.815%Vest99.510+5.322%
RISEx
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 | −1.056% | −0.0220% | 1h | $10K | $4K | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.094% | 0.0000% | 4h | $282K | $125K | 75x | as long as short |
| Gate BZ_USDT | −0.052% | 0.0000% | 8h | $9.2M | $18.4M | 100x | as long as short |
| Variational Omni BZ | −0.033% | 0.0000% | 4h | $9.4M | $12.3M | — | as long as short |
| Ondo Perps BRENT-USD.P | −0.031% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| Bybit BZUSDT | −0.021% | 0.0000% | 8h | $10.4M | $16.3M | 100x | as long as short |
| Aster BZUSDT | −0.013% | 0.0000% | 4h | $334K | $1.6M | 50x | as long as short |
| Bitget BZUSDT | −0.010% | 0.0000% | 4h | $27.6M | $22.4M | 100x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.010% | −0.0024% | 1h | $266K | $713K | 15x | as long as short |
| edgeX BZUSDC | −0.009% | +0.0011% | 4h | $218K | $236K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex BZ-USD-PERP | −0.006% | +0.0043% | 8h | $3K | $282 | 5x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.005% | L +0.0018% / S +0.0044% | 1h | $35K | — | 111x | as long as short |
| Binance BZUSDT | 0.000% | 0.0000% | 4h | $144.9M | $452.8M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.000% | 0.0000% | 4h | $15.8M | $30.9M | 50x | as long as short |
| BloFin BZ-USDTlong | 0.000% | −0.0027% | 4h | $1.5M | $80K | 50x | |
| tradeXYZ xyz:BRENTOIL | +0.010% | +0.0050% | 1h | $135.9M | $135.1M | 20x | as long as short |
| Lighter BRENTOIL | +0.010% | +0.0032% | 1h | $3.2M | $4.2M | 20x | as long as short |
| KuCoin BZUSDTM | +0.010% | +0.0100% | 4h | $3.7M | $923K | 50x | as long as short |
| SunX BRENTOIL-USDT | +0.010% | 0.0000% | 4h | $4K | $2.7M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.021% | −0.0016% | 1h | $33K | — | 20x | as long as short |
| ApeX Omni BZUSDT | +0.021% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Extended XBR-USD | +0.022% | +0.0032% | 1h | $671K | $5.2M | 10x | as long as short |
| Aftermath Perps BRENTUSD | +0.029% | −0.0042% | 1h | $6K | $49K | 5x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.031% | 0.0000% | 1h | $102K | $282K | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.042% | −0.0324% | 1h | $81K | $299K | 20x | as long as short |
| Polymarket Perps BRENTOIL-USDshort | +0.048% | +0.0050% | 1h | $1.5M | $549K | 20x | |
| RISEx BZ/USDC | +0.058% | 0.0000% | 1h | $2.1M | $1.0M | 20x | as long as short |
| Phemex XBRUSDT | +0.147% | 0.0000% | 4h | $1.2M | $98K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.740% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.210% | +0.0046% | 1h | — | $593K | 10x | as long as short |