BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0039%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.012%

Price spread now: Polymarket Perps against gTrade (Gains Network)−0.507%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Polymarket Perps is 0.507% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.507% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$51 on $10k: about 44 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BRENT/USD	97.056	L +0.0011% / S −0.0011%	pay 0.0001% / 1h	23m 44s	—	—	—
Short	Polymarket Perps BRENTOIL-USD	96.564	0.0050	get 0.0006% / 1h	23m 44s	$1.5M	$506K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee Polymarket PerpsbpOrdersPrice spread, now −0.507%Rate

Funding earned: $8.1
Price spread: −0.507% → 0.000%: −$50.68
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$60.58
Costs to cover: 0.180%
Break-even: 59.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Polymarket Perps: live order book, 5 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 5 min ago	2.38 bp	7.2 bp −$7	7.7 bp −$77	19.7 bp −$1,966	doesn't fit

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BRENT/USDC PERP	−0.0220%	1h	95.669	−1.429%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.070	−1.016%	$232K	$468K	15x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L −0.0098% / S +0.0137%	1h	96.525	−0.547%	$33K	—	111x	as long as short
BloFin BZ-USDT	−0.0051%	4h	96.540	−0.532%	$1.5M	$95K	50x	as long as short
Aster BZUSDT	0.0000%	4h	96.555	−0.516%	$335K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.545	−0.526%	$145.7M	$421.9M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.530	−0.542%	$10.4M	$15.9M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.530	−0.542%	$15.9M	$25.3M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.534	−0.538%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.490	−0.583%	$9.2M	$14.3M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	96.540	−0.532%	$27.6M	$19.3M	100x	as long as short
Variational Omni BZ	0.0000%	4h	96.459	−0.615%	$9.3M	$7.5M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.466	−0.607%	$24K	$366K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.540	−0.532%	$4K	$2.6M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.540	−0.532%	$103K	$271K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.490	−0.583%	$307K	$226K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.520	−0.552%	$1.2M	$93K	100x	as long as short
edgeX BZUSDC	+0.0010%	4h	96.458	−0.616%	$221K	$232K	20x	as long as short
gTrade (Gains Network) BRENT/USDlong	L +0.0011% / S −0.0011%	1h	97.056	long leg	—	—	—
Kraken Futures PF_BRENTOILUSD	+0.0020%	1h	96.549	−0.522%	$83K	$235K	20x	as long as short
Hotstuff BRENTOIL-PERP	+0.0024%	1h	96.560	−0.511%	$33K	—	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.540	−0.532%	$3.4M	$4.3M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.544	−0.527%	$748K	$5.3M	10x	as long as short
Ondo Perps BRENT-USD.P	+0.0033%	1h	96.460	−0.614%	$3.1M	$1.1M	15x	as long as short
Paradex BZ-USD-PERP	+0.0043%	8h	96.533	−0.539%	$3K	$521	5x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.59	+3.641%	—	$735K	10x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.565	−0.506%	$151.5M	$139.6M	20x	as long as short
Polymarket Perps BRENTOIL-USDshort	+0.0050%	1h	96.564	−0.507%	$1.5M	$506K	20x
KuCoin BZUSDTM	+0.0100%	4h	96.560	−0.511%	$3.8M	$983K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.500	−0.573%	$25K	$272K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0411%	1h	96.516	−0.556%	$7K	$45K	5x	as long as short