After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.166%7d average+0.116%fees + slippage, in and out−$44spread needed0.445%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BZUSDC | 96.150 | 0.0016 | pay 0.0008% / 4h | 31m 21s | $220K | $237K | 20x |
| Short | Polymarket Perps BRENTOIL-USD | 96.310 | 0.0050 | get 0.0006% / 1h | 31m 21s | $1.6M | $566K | 20x |
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
- $16.62
- Funding while held
- $1.02
- Slippage, 4 orders
- −$27.47
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$26.83
- Spread needed to break even
- 0.445%
Slippage from edgeX: live order book, 17 min ago; Polymarket Perps: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0034%
- Per $10,000 a day
- +$1.02
- 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 edgeX live order book, 17 min ago | 10.40 bp | 14.9 bp −$15 | 15.8 bp −$158 | 99.6 bp −$9,956 | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 0.05 bp | 9.6 bp −$10 | 10.6 bp −$106 | 29.1 bp −$2,913 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.539cheapest
HTX96.150+11.106%BloFin96.150+11.106%ApeX Omni96.190+11.152%Variational Omni96.226+11.194%Ondo Perps96.230+11.198%Aftermath Perps96.231+11.199%Gate96.240+11.210%GMX96.275+11.250%OKX96.280+11.256%Bitget96.280+11.256%Binance96.290+11.268%Bybit96.290+11.268%Hotstuff96.300+11.279%Kraken Futures96.301+11.281%Aster96.305+11.285%KuCoin96.310+11.291%
Injective
HTX
BloFin
ApeX Omni
Variational Omni
Ondo Perps
Gate
GMX
OKX
Bitget
Binance
Bybit
Hotstuff
Kraken Futures
Aster
KuCoinPolymarket Perps96.310+11.291%
Deribit96.310+11.291%tradeXYZ96.316+11.298%SunX96.320+11.302%Coinbase International96.320+11.302%RISEx96.321+11.304%Extended96.334+11.319%Paradex96.347+11.334%Lighter96.360+11.349%Phemex96.730+11.776%gTrade (Gains Network)97.022+12.113%Vest100.31+15.913%
Deribit
tradeXYZ
SunX
Coinbase International
RISEx
Extended
Paradex
Lighter
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 | −9.996% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| HTX BRENTOIL-USDT | 0.000% | 0.0000% | 4h | $286K | $123K | 75x | as long as short |
| BloFin BZ-USDT | 0.000% | −0.0053% | 4h | $1.6M | $73K | 50x | as long as short |
| edgeX BZUSDClong | 0.000% | +0.0016% | 4h | $220K | $237K | 20x | |
| ApeX Omni BZUSDT | +0.041% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Variational Omni BZ | +0.079% | 0.0000% | 4h | $9.6M | $12.1M | — | as long as short |
| Ondo Perps BRENT-USD.P | +0.083% | +0.0020% | 1h | $3.0M | $908K | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.084% | −0.0012% | 1h | $7K | $50K | 5x | as long as short |
| Gate BZ_USDT | +0.093% | 0.0000% | 8h | $9.3M | $17.4M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | +0.130% | L +0.0039% / S +0.0055% | 1h | $43K | — | 111x | as long as short |