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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.02 per $10,000 · paid last 24h +0.032%
Price spread now: Polymarket Perps against Vest−3.954%7-day average −3.170% · you buy dearer than you sell
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 3 days (all we have)+0.105%+$10 on $10k
Price spread, last 4 days (all we have)+0.223%+$22 · spread now −3.954%, 7d avg −3.170%
Together, before fees+0.328%+ Points / potential airdropVest: Active · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.784% cheaper against Vest than usual: you would sell low and buy high (spread −3.954% now, against its 7-day average of −3.170%). If the spread goes back, that is −$78 on $10k: about 5 months of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.105% in total) that is about 25 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BZ-PERP101.070.0031pay 0.0004% / 1h8m 36s$735K10x
ShortPolymarket Perps BRENTOIL-USD97.0740.0050get 0.0006% / 1h8m 36s$1.6M$491K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Vest. 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
$3.96
Price spread: −3.954% → −3.170%
−$78.36
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$84.39
Costs to cover
0.100%
Break-even
156.0 days
Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 5 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 Vest no order-book sample
Sell Polymarket Perps live order book, 5 min ago3.04 bp7.9 bp −$88.1 bp −$8118.2 bp −$1,819doesn't fit
Vest: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BRENT/USDC PERP−0.0220%1h96.433−4.588%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.240−3.789%$234K$436K15xas long as short
BloFin BZ-USDT−0.0015%4h97.010−4.017%$1.5M$92K50xas long as short
Aster BZUSDT0.0000%4h97.048−3.980%$337K$954K50xas long as short
Binance BZUSDT0.0000%4h97.000−4.027%$146.9M$369.7M100xas long as short
Bybit BZUSDT0.0000%8h97.000−4.027%$10.4M$12.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.000−4.027%$16.0M$20.3M50xas long as short
RISEx BZ/USDC0.0000%1h97.000−4.027%$2.2M$1.5M20xas long as short
Gate BZ_USDT0.0000%8h96.960−4.066%$9.2M$12.3M100xas long as short
Bitget BZUSDT0.0000%4h97.000−4.027%$27.7M$16.5M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.017−4.010%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.034−3.993%$29K$346K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.040−3.987%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.020−4.007%$103K$235K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.990−4.037%$278K$268K75xas long as short
Phemex XBRUSDT0.0000%4h97.290−3.740%$1.2M$84K100xas long as short
edgeX BZUSDC+0.0011%4h97.016−4.011%$222K$227K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.569−3.464%as long as short
Vest BZ-PERPlong+0.0031%1h101.07long leg$735K10x
Lighter BRENTOIL+0.0032%1h97.010−4.017%$3.2M$4.8M20xas long as short
Extended XBR-USD+0.0032%1h97.013−4.014%$680K$4.3M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.003−4.024%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.031−3.996%$153.1M$126.8M20xas long as short
Polymarket Perps BRENTOIL-USDshort+0.0050%1h97.074−3.954%$1.6M$491K20x
Ondo Perps BRENT-USD.P+0.0050%1h96.960−4.066%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h97.050−3.977%$3.8M$870K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.050−3.977%$25K$274K50xas long as short
Hotstuff BRENTOIL-PERP+0.0104%1h97.060−3.968%$33K20xas long as short
Aftermath Perps BRENTUSD+0.0124%1h97.091−3.936%$7K$43K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0143%1h97.049−3.979%$84K$206K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0214% / S −0.0161%1h97.005−4.022%$126K111xas long as short