After costs, if the gap returns to its 7d average, $10k−$25
spread now+0.203%7d average−0.088%fees + slippage, in and out−$54spread needed0.543%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BRENTOIL-USD | 96.095 | 0.0050 | pay 0.0006% / 1h | 28m 23s | $1.6M | $566K | 20x |
| Short | ApeX Omni BZUSDT | 96.290 | 0.0100 | get 0.0013% / 1h | 28m 23s | $25K | $271K | 50x |
Polymarket Perps BRENTOIL-USD
ApeX Omni BZUSDTPrice 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
- $20.29
- Funding while held
- $1.5
- Slippage, 4 orders
- −$36.29
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$32.49
- Spread needed to break even
- 0.543%
Slippage from Polymarket Perps: live order book, 2 min ago; ApeX Omni: live order book, 20 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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 Polymarket Perps live order book, 2 min ago | 2.18 bp | 7.0 bp −$7 | 7.1 bp −$71 | 19.4 bp −$1,941 | doesn't fit |
| Sell ApeX Omni live order book, 20 min ago | 8.84 bp | 20.6 bp −$21 | 197.7 bp −$1,977 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.539cheapest
Ondo Perps96.000+10.933%Gate96.050+10.990%Paradex96.060+11.002%RISEx96.063+11.006%Lighter96.070+11.014%KuCoin96.070+11.014%Bitget96.070+11.014%GMX96.085+11.031%Bybit96.090+11.037%Hotstuff96.090+11.037%BloFin96.090+11.037%
Injective
Ondo Perps
Gate
Paradex
RISEx
Lighter
KuCoin
Bitget
GMX
Bybit
Hotstuff
BloFinPolymarket Perps96.095+11.042%
Kraken Futures96.100+11.048%OKX96.100+11.048%Deribit96.110+11.060%Aster96.112+11.062%Extended96.112+11.062%Binance96.120+11.071%SunX96.120+11.071%tradeXYZ96.151+11.107%HTX96.160+11.118%Aftermath Perps96.174+11.133%Variational Omni96.246+11.217%edgeX96.272+11.247%
Kraken Futures
OKX
Deribit
Aster
Extended
Binance
SunX
tradeXYZ
HTX
Variational OmniApeX Omni96.290+11.268%
Coinbase International96.320+11.302%Phemex96.520+11.534%gTrade (Gains Network)96.856+11.922%Vest100.14+15.717%
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 | −9.944% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Ondo Perps BRENT-USD.P | −0.099% | +0.0026% | 1h | $3.0M | $908K | 15x | as long as short |
| Gate BZ_USDT | −0.047% | 0.0000% | 8h | $9.2M | $17.5M | 100x | as long as short |
| Paradex BZ-USD-PERP | −0.037% | +0.0044% | 8h | $3K | $282 | 5x | as long as short |
| RISEx BZ/USDC | −0.033% | −0.0048% | 1h | $2.2M | $577K | 20x | as long as short |
| Lighter BRENTOIL | −0.026% | +0.0032% | 1h | $3.2M | $3.8M | 20x | as long as short |
| KuCoin BZUSDTM | −0.026% | +0.0100% | 4h | $3.7M | $890K | 50x | as long as short |
| Bitget BZUSDT | −0.026% | 0.0000% | 4h | $28.4M | $20.0M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.010% | L +0.0038% / S +0.0056% | 1h | $43K | — | 111x | as long as short |
| Bybit BZUSDT | −0.005% | 0.0000% | 8h | $10.8M | $15.2M | 100x | as long as short |