After costs, if the gap returns to its 7d average, $10k−$37
spread now−0.004%7d average+0.123%fees + slippage, in and out−$24spread needed0.242%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XBR-USD | 96.257 | 0.0032 | pay 0.0004% / 1h | 35m 06s | $685K | $5.0M | 10x |
| Short | Polymarket Perps BRENTOIL-USD | 96.253 | 0.0050 | get 0.0006% / 1h | 35m 06s | $1.6M | $566K | 20x |
Extended XBR-USD
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
- −$0.43
- Funding while held
- $0.54
- Slippage, 4 orders
- −$11.18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$24.07
- Spread needed to break even
- 0.242%
Slippage from Extended: live order book, 5 min ago; Polymarket Perps: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0018%
- Per $10,000 a day
- +$0.54
- 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 Extended live order book, 5 min ago | 2.13 bp | 4.7 bp −$5 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 2.76 bp | 6.8 bp −$7 | 7.2 bp −$72 | 23.1 bp −$2,306 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.539cheapest
Ondo Perps96.160+11.118%HTX96.170+11.129%RISEx96.190+11.152%Hotstuff96.190+11.152%Paradex96.190+11.153%edgeX96.200+11.163%OKX96.200+11.164%Gate96.200+11.164%Aftermath Perps96.209+11.174%BloFin96.210+11.175%Bybit96.220+11.187%Kraken Futures96.221+11.188%Variational Omni96.226+11.194%Aster96.237+11.206%Bitget96.240+11.210%GMX96.245+11.216%Lighter96.250+11.222%SunX96.250+11.222%
Injective
Ondo Perps
HTX
RISEx
Hotstuff
Paradex
OKX
Gate
BloFin
Bybit
Kraken Futures
Variational Omni
Aster
Bitget
GMX
Lighter
SunXPolymarket Perps96.253+11.225%
Extended96.257+11.230%
Deribit96.260+11.233%Binance96.262+11.236%ApeX Omni96.280+11.256%tradeXYZ96.287+11.264%KuCoin96.290+11.268%Coinbase International96.310+11.291%Phemex96.730+11.776%gTrade (Gains Network)96.980+12.065%Vest100.07+15.636%
Deribit
Binance
ApeX Omni
tradeXYZ
KuCoin
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 | −10.096% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Ondo Perps BRENT-USD.P | −0.101% | +0.0030% | 1h | $3.0M | $907K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.091% | 0.0000% | 4h | $286K | $123K | 75x | as long as short |
| RISEx BZ/USDC | −0.070% | −0.0048% | 1h | $2.2M | $574K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.070% | +0.0136% | 1h | $33K | — | 20x | as long as short |
| Paradex BZ-USD-PERP | −0.069% | +0.0044% | 8h | $3K | $282 | 5x | as long as short |
| edgeX BZUSDC | −0.060% | +0.0003% | 4h | $220K | $236K | 20x | as long as short |
| OKX BZ-USDT-SWAP | −0.059% | 0.0000% | 4h | $16.3M | $30.1M | 50x | as long as short |
| Gate BZ_USDT | −0.059% | 0.0000% | 8h | $9.2M | $17.4M | 100x | as long as short |
| Aftermath Perps BRENTUSD | −0.050% | −0.0008% | 1h | $7K | $50K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin BZ-USDT | −0.049% | −0.0019% | 4h | $1.6M | $73K | 50x | as long as short |
| Bybit BZUSDT | −0.039% | 0.0000% | 8h | $10.8M | $15.0M | 100x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.038% | +0.0066% | 1h | $82K | $363K | 20x | as long as short |
| Variational Omni BZ | −0.033% | 0.0000% | 4h | $9.6M | $12.1M | — | as long as short |
| Aster BZUSDT | −0.021% | 0.0000% | 4h | $338K | $1.6M | 50x | as long as short |
| Bitget BZUSDT | −0.018% | 0.0000% | 4h | $28.5M | $19.9M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.013% | L +0.0040% / S +0.0055% | 1h | $43K | — | 111x | as long as short |
| Lighter BRENTOIL | −0.007% | +0.0032% | 1h | $3.2M | $3.8M | 20x | as long as short |
| SunX BRENTOIL-USDT | −0.007% | 0.0000% | 4h | $4K | $2.6M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USDshort | −0.004% | +0.0050% | 1h | $1.6M | $566K | 20x | |
| Extended XBR-USDlong | 0.000% | +0.0032% | 1h | $685K | $5.0M | 10x | |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.003% | −0.0062% | 1h | $103K | $257K | 15x | as long as short |
| Binance BZUSDT | +0.005% | −0.0002% | 4h | $147.4M | $418.5M | 100x | as long as short |
| ApeX Omni BZUSDT | +0.024% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.031% | +0.0050% | 1h | $138.4M | $117.9M | 20x | as long as short |
| KuCoin BZUSDTM | +0.034% | +0.0100% | 4h | $3.8M | $889K | 50x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | +0.055% | −0.0048% | 1h | $259K | $667K | 15x | as long as short |
| Phemex XBRUSDT | +0.491% | +0.0833% | 4h | $1.2M | $91K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.751% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +3.961% | −0.0094% | 1h | — | $317K | 10x | as long as short |