Spread before costs (cost unknown: a leg has no order-book sample)−0.058%
7d average—if it closes, per $10,000$6funding while held, a day+$0.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BZ-USD-PERP | 96.165 | 0.0044 | pay 0.0044% / 8h | 29m 02s | $3K | $282 | 5x |
| Short | Polymarket Perps BRENTOIL-USD | 96.110 | 0.0050 | get 0.0006% / 1h | 29m 02s | $1.6M | $566K | 20x |
Paradex BZ-USD-PERP
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
- −$5.76
- Funding while held
- $0.17
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$17.59
- Spread needed to break even
- 0.120%
Slippage unknown: Paradex: no order-book sample; Polymarket Perps: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0006%
- Per $10,000 a day
- +$0.17
- 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 Paradex 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 |
Paradex: 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.Injective86.539cheapest
Gate96.030+10.967%Binance96.036+10.974%GMX96.055+10.996%Bitget96.070+11.014%Ondo Perps96.080+11.025%KuCoin96.080+11.025%Bybit96.090+11.037%OKX96.090+11.037%BloFin96.090+11.037%Kraken Futures96.100+11.048%tradeXYZ96.101+11.049%
Injective
Gate
Binance
GMX
Bitget
Ondo Perps
KuCoin
Bybit
OKX
BloFin
Kraken Futures
tradeXYZPolymarket Perps96.110+11.060%
Deribit96.110+11.060%Lighter96.120+11.071%SunX96.120+11.071%Aster96.124+11.076%Extended96.129+11.081%RISEx96.142+11.097%HTX96.160+11.118%
Deribit
Lighter
SunX
Aster
Extended
RISEx
HTXParadex96.165+11.124%
Hotstuff96.170+11.129%Aftermath Perps96.172+11.131%Variational Omni96.246+11.217%edgeX96.272+11.247%ApeX Omni96.290+11.268%Coinbase International96.320+11.302%Phemex96.520+11.534%gTrade (Gains Network)96.805+11.863%Vest100.18+15.763%
Hotstuff
Variational Omni
ApeX Omni
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 | −10.010% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Gate BZ_USDT | −0.141% | 0.0000% | 8h | $9.2M | $17.4M | 100x | as long as short |
| Binance BZUSDT | −0.134% | −0.0001% | 4h | $146.7M | $419.7M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.115% | L +0.0038% / S +0.0056% | 1h | $43K | — | 111x | as long as short |
| Bitget BZUSDT | −0.099% | 0.0000% | 4h | $28.4M | $20.0M | 100x | as long as short |
| Ondo Perps BRENT-USD.P | −0.089% | +0.0026% | 1h | $3.0M | $908K | 15x | as long as short |
| KuCoin BZUSDTM | −0.089% | +0.0100% | 4h | $3.7M | $890K | 50x | as long as short |
| Bybit BZUSDT | −0.078% | 0.0000% | 8h | $10.8M | $15.2M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.078% | 0.0000% | 4h | $16.3M | $30.0M | 50x | as long as short |
| BloFin BZ-USDT | −0.078% | −0.0029% | 4h | $1.6M | $73K | 50x | as long as short |