BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.05 per $10,000 · paid last 24h −0.012%

Price spread now: gTrade (Gains Network) against Polymarket Perps+0.515%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on gTrade (Gains Network)

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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.515% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.515% now, against zero (this spread has no 7-day history yet)): +$51 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 44 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps BRENTOIL-USD	97.280	0.0050	pay 0.0006% / 1h	34m 43s	$1.6M	$405K	20x
Short	gTrade (Gains Network) BRENT/USD	97.781	L +0.0011% / S −0.0011%	get 0.0001% / 1h	34m 43s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Polymarket Perps. 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 Polymarket PerpsbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.515%Rate

Funding earned: −$8.16
Price spread: +0.515% → 0.000%: $51.47
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $25.31
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Polymarket Perps: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. 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 Polymarket Perps live order book, 4 min ago	2.16 bp	6.2 bp −$6	7.8 bp −$78	14.2 bp −$1,424	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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	96.605	−0.694%	$8K	$7K	30x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	−0.0059%	1h	97.200	−0.082%	$100K	$254K	15x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0056%	1h	97.160	−0.123%	$235K	$410K	15x	as long as short
Hotstuff BRENTOIL-PERP	−0.0032%	1h	97.270	−0.010%	$34K	—	20x	as long as short
Aster BZUSDT	0.0000%	4h	97.258	−0.023%	$338K	$860K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.230	−0.051%	$149.2M	$352.7M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.190	−0.093%	$10.2M	$13.3M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.210	−0.072%	$16.1M	$19.6M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.227	−0.054%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.160	−0.123%	$9.2M	$10.9M	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	97.200	−0.082%	$27.8M	$18.3M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.286	+0.006%	$9.5M	$6.5M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.360	+0.082%	$18K	$330K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.210	−0.072%	$4K	$2.4M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.330	+0.051%	$279K	$254K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.420	+0.144%	$1.2M	$87K	100x	as long as short
Vest BZ-PERP	+0.0008%	1h	101.32	+4.153%	—	$735K	10x	as long as short
edgeX BZUSDC	+0.0011%	4h	97.311	+0.032%	$224K	$228K	20x	as long as short
gTrade (Gains Network) BRENT/USDshort	L +0.0011% / S −0.0011%	1h	97.781	+0.515%	—	—	—
Lighter BRENTOIL	+0.0032%	1h	97.220	−0.062%	$3.3M	$3.9M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.171	−0.112%	$738K	$3.1M	10x	as long as short
Ondo Perps BRENT-USD.P	+0.0032%	1h	97.210	−0.072%	$3.1M	$998K	15x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.238	−0.043%	$2K	$1K	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.250	−0.031%	$155.0M	$114.6M	20x	as long as short
Polymarket Perps BRENTOIL-USDlong	+0.0050%	1h	97.280	long leg	$1.6M	$405K	20x
BloFin BZ-USDT	+0.0050%	4h	97.190	−0.093%	$1.5M	$98K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0094%	1h	97.358	+0.080%	$7K	$40K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.190	−0.093%	$3.8M	$802K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.330	+0.051%	$26K	$273K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0113%	1h	97.232	−0.050%	$82K	$200K	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0328% / S −0.2771%	1h	97.215	−0.067%	$115K	—	111x	as long as short