Spread before costs (cost unknown: a leg has no order-book sample)+0.031%
7d average+0.186%if it closes, per $10,000$3funding while held, a day+$0.73
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BRENT-USD.P | 96.080 | 0.0026 | pay 0.0003% / 1h | 28m 58s | $3.0M | $908K | 15x |
| Short | Polymarket Perps BRENTOIL-USD | 96.110 | 0.0050 | get 0.0006% / 1h | 28m 58s | $1.6M | $566K | 20x |
Price 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
- $3.12
- Funding while held
- $0.73
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$9.15
- Spread needed to break even
- 0.130%
Slippage unknown: Ondo Perps: no order-book sample; Polymarket Perps: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0024%
- Per $10,000 a day
- +$0.73
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 1 min ago | 2.18 bp | 7.1 bp −$7 | 7.7 bp −$77 | 24.8 bp −$2,483 | doesn't fit |
Ondo Perps: 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 price on every exchange
against the cheapest. Click to use as the short leg.BZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −9.930% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Gate BZ_USDT | −0.083% | 0.0000% | 8h | $9.2M | $17.5M | 100x | as long as short |
| Bybit BZUSDT | −0.052% | 0.0000% | 8h | $10.8M | $15.2M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.052% | 0.0000% | 4h | $16.2M | $30.0M | 50x | as long as short |
| Bitget BZUSDT | −0.052% | 0.0000% | 4h | $28.4M | $20.0M | 100x | as long as short |
| KuCoin BZUSDTM | −0.042% | +0.0100% | 4h | $3.7M | $890K | 50x | as long as short |
| Binance BZUSDT | −0.040% | −0.0001% | 4h | $146.7M | $419.8M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.026% | L +0.0038% / S +0.0056% | 1h | $43K | — | 111x | as long as short |
| Ondo Perps BRENT-USD.Plong | 0.000% | +0.0026% | 1h | $3.0M | $908K | 15x | |
| Extended XBR-USD | +0.003% | +0.0032% | 1h | $684K | $5.0M | 10x | as long as short |
Polymarket Perps BRENTOIL-USD
Injective
Gate
Bybit
OKX
Bitget
KuCoin
Binance
GMX
Extended
BloFin
Kraken Futures
tradeXYZ
Deribit
Lighter
SunX
Aster
RISEx
HTX
Paradex
Variational Omni
ApeX Omni
Coinbase International
Phemex
gTrade (Gains Network)