Settings8H · net · $10k
Funding arb · Price arb /

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: tradeXYZ against Polymarket Perps+0.013%7-day average −0.089% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.301%−$30 on $10k
Price spread, last 7 days−0.278%−$28 · spread now +0.013%, 7d avg −0.089%
Together, before fees−0.579%+ Points / potential airdroptradeXYZ: Active · farm board−$58 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.102% dearer against Polymarket Perps than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps BRENTOIL-USD97.2500.0050pay 0.0006% / 1h34m 17s$1.6M$344K20x
ShorttradeXYZ xyz:BRENTOIL97.2630.0050get 0.0006% / 1h34m 17s$155.4M$115.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
$0
Price spread: +0.013% → −0.089%
$10.2
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$15.8
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 5 min ago; tradeXYZ: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 5 min ago255.91 bp862.8 bp −$86311361.5 bp −$113.6Kdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago0.05 bp9.1 bp −$99.2 bp −$92doesn't fitdoesn't fit

BZ on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit BRENTOIL_USDC-PERPETUAL−0.0264%1h97.150−0.103%$100K$263K15xas long as short
Injective BRENT/USDC PERP−0.0220%1h96.342−0.934%$8K$7K30xas long as short
Ondo Perps BRENT-USD.P−0.0076%1h97.130−0.123%$3.1M$1.0M15xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.080−0.175%$236K$405K15xas long as short
RISEx BZ/USDC−0.0039%1h97.228−0.023%$2.4M$1.8M20xas long as short
Kraken Futures PF_BRENTOILUSD−0.0002%1h97.206−0.045%$82K$197K20xas long as short
Aster BZUSDT0.0000%4h97.250+0.001%$337K$735K50xas long as short
Binance BZUSDT0.0000%4h97.230−0.021%$148.6M$355.3M100xas long as short
Bybit BZUSDT0.0000%8h97.230−0.021%$10.3M$13.4M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.230−0.021%$16.2M$19.9M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h97.180−0.072%$9.2M$10.4M100xas long as short
Bitget BZUSDT0.0000%4h97.200−0.051%$27.9M$18.9M100xas long as short
Variational Omni BZ0.0000%4h97.329+0.081%$9.4M$6.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.354+0.107%$13K$331K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.190−0.062%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.270+0.021%$279K$251K75xas long as short
Phemex XBRUSDT0.0000%4h97.2500.000%$1.2M$83K100xas long as short
Hotstuff BRENTOIL-PERP+0.0008%1h97.420+0.175%$34K20xas long as short
Vest BZ-PERP+0.0008%1h101.21+4.072%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.872+0.640%as long as short
edgeX BZUSDC+0.0020%4h97.354+0.107%$223K$229K20xas long as short
Lighter BRENTOIL+0.0032%1h97.190−0.062%$3.3M$4.2M20xas long as short
Extended XBR-USD+0.0032%1h97.215−0.036%$753K$2.7M10xas long as short
Paradex BZ-USD-PERP+0.0047%8h97.247−0.003%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOILshort+0.0050%1h97.263+0.013%$155.4M$115.7M20x
Polymarket Perps BRENTOIL-USDlong+0.0050%1h97.250long leg$1.6M$344K20x
BloFin BZ-USDT+0.0057%4h97.310+0.062%$1.5M$100K50xas long as short
Aftermath Perps BRENTUSD+0.0072%1h97.379+0.132%$7K$39K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.190−0.062%$3.8M$799K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.380+0.134%$26K$273K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.225−0.026%$115K111xas long as short