After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.127%7d average−0.115%fees + slippage, in and out−$45spread needed0.446%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BRENTOIL-USD | 96.244 | 0.0050 | pay 0.0006% / 1h | 46m 38s | $1.5M | $550K | 20x |
| Short | edgeX BZUSDC | 96.122 | 0.0014 | get 0.0007% / 4h | 1h 46m | $220K | $235K | 20x |
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
- −$12.7
- Funding while held
- −$1.08
- Slippage, 4 orders
- −$27.65
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$58.43
- Spread needed to break even
- 0.446%
Slippage from Polymarket Perps: live order book, 3 min ago; edgeX: live order book, 52 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0036%
- Per $10,000 a day
- −$1.08
- 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, 3 min ago | 2.34 bp | 8.4 bp −$8 | 8.6 bp −$86 | 22.7 bp −$2,266 | doesn't fit |
| Sell edgeX live order book, 52 min ago | 10.47 bp | 15.0 bp −$15 | 16.3 bp −$163 | 63.8 bp −$6,379 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.379cheapest
Coinbase International95.950+11.080%HTX96.000+11.138%Phemex96.100+11.254%Variational Omni96.117+11.274%Gate96.120+11.277%Aftermath Perps96.134+11.293%OKX96.150+11.312%Ondo Perps96.160+11.323%Aster96.168+11.332%Bybit96.170+11.335%GMX96.175+11.341%Binance96.183+11.350%KuCoin96.190+11.358%Bitget96.190+11.358%BloFin96.190+11.358%RISEx96.190+11.359%Paradex96.191+11.359%Lighter96.200+11.370%Deribit96.200+11.370%Extended96.205+11.375%ApeX Omni96.210+11.381%SunX96.220+11.393%tradeXYZ96.224+11.397%Kraken Futures96.237+11.412%Hotstuff96.240+11.416%
Injective
Coinbase International
HTX
Phemex
Variational Omni
Gate
OKX
Ondo Perps
Aster
Bybit
GMX
Binance
KuCoin
Bitget
BloFin
RISEx
Paradex
Lighter
Deribit
Extended
ApeX Omni
SunX
tradeXYZ
Kraken Futures
HotstuffPolymarket Perps96.244+11.421%
gTrade (Gains Network)96.892+12.171%Vest100.23+16.035%
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 | −10.250% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.305% | −0.0040% | 1h | $231K | $855K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.254% | 0.0000% | 4h | $284K | $162K | 75x | as long as short |
| Phemex XBRUSDT | −0.150% | 0.0000% | 4h | $1.2M | $101K | 100x | as long as short |
| Variational Omni BZ | −0.132% | 0.0000% | 4h | $9.6M | $12.3M | — | as long as short |
| Gate BZ_USDT | −0.129% | 0.0000% | 8h | $9.2M | $18.5M | 100x | as long as short |
| edgeX BZUSDCshort | −0.127% | +0.0014% | 4h | $220K | $235K | 20x | |
| Aftermath Perps BRENTUSD | −0.114% | +0.0052% | 1h | $6K | $49K | 5x | as long as short |
| OKX BZ-USDT-SWAP | −0.098% | 0.0000% | 4h | $15.9M | $30.0M | 50x | as long as short |
| Ondo Perps BRENT-USD.P | −0.087% | +0.0050% | 1h | $3.1M | $1.0M | 15x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster BZUSDT | −0.079% | 0.0000% | 4h | $330K | $1.6M | 50x | as long as short |
| Bybit BZUSDT | −0.077% | 0.0000% | 8h | $10.5M | $16.6M | 100x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.072% | L +0.0014% / S +0.0047% | 1h | $35K | — | 111x | as long as short |
| Binance BZUSDT | −0.063% | 0.0000% | 4h | $144.4M | $461.2M | 100x | as long as short |
| KuCoin BZUSDTM | −0.056% | +0.0100% | 4h | $3.8M | $943K | 50x | as long as short |
| Bitget BZUSDT | −0.056% | 0.0000% | 4h | $27.7M | $23.0M | 100x | as long as short |
| BloFin BZ-USDT | −0.056% | +0.0017% | 4h | $1.5M | $82K | 50x | as long as short |
| RISEx BZ/USDC | −0.056% | 0.0000% | 1h | $2.1M | $1.2M | 20x | as long as short |
| Paradex BZ-USD-PERP | −0.055% | +0.0048% | 8h | $3K | $473 | 5x | as long as short |
| Lighter BRENTOIL | −0.046% | +0.0032% | 1h | $3.2M | $4.1M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.046% | 0.0000% | 1h | $103K | $280K | 15x | as long as short |
| Extended XBR-USD | −0.040% | +0.0032% | 1h | $682K | $5.2M | 10x | as long as short |
| ApeX Omni BZUSDT | −0.035% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| SunX BRENTOIL-USDT | −0.025% | 0.0000% | 4h | $4K | $2.6M | 20x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.021% | +0.0050% | 1h | $148.7M | $142.1M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.007% | +0.0085% | 1h | $81K | $306K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.004% | +0.0040% | 1h | $33K | — | 20x | as long as short |
| Polymarket Perps BRENTOIL-USDlong | 0.000% | +0.0050% | 1h | $1.5M | $550K | 20x | |
| gTrade (Gains Network) BRENT/USD | +0.674% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.142% | +0.0046% | 1h | — | $617K | 10x | as long as short |