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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0149%/8h= +16.3% APRnext payment +$0.19 per $10,000 · paid last 24h −0.016%
Price spread now: Hotstuff against Aftermath Perps+0.092%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hotstuff is 0.092% dearer against Aftermath Perps than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps BRENTUSD97.3800.0075pay 0.0009% / 1h59m 42s$7K$40K5x
ShortHotstuff BRENTOIL-PERP97.4700.0224get 0.0028% / 1h59m 42s$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Aftermath 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
$31.24
Price spread: +0.092% → 0.000%
$9.25
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$26.49
Costs to cover
0.140%
Break-even
1.1 days
Slippage unknown: Aftermath Perps: no order-book sample; Hotstuff: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Hotstuff no order-book sample
Aftermath Perps and Hotstuff: 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%1h96.342−1.066%$8K$7K30xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0160%1h97.440+0.062%$100K$257K15xas long as short
Ondo Perps BRENT-USD.P−0.0067%1h97.450+0.072%$3.1M$1.0M15xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.480+0.103%$237K$402K15xas long as short
BloFin BZ-USDT−0.0046%4h97.3800.000%$1.5M$99K50xas long as short
RISEx BZ/USDC−0.0039%1h97.487+0.110%$2.4M$1.7M20xas long as short
Aster BZUSDT0.0000%4h97.514+0.137%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.519+0.143%$148.8M$352.8M100xas long as short
Bybit BZUSDT0.0000%8h97.490+0.113%$10.3M$13.4M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.490+0.113%$16.1M$19.7M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h97.460+0.082%$9.2M$10.2M100xas long as short
Bitget BZUSDT0.0000%4h97.520+0.144%$28.0M$18.7M100xas long as short
Variational Omni BZ0.0000%4h97.422+0.043%$9.5M$6.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.330−0.051%$14K$332K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.460+0.082%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.420+0.041%$280K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.520+0.144%$1.2M$86K100xas long as short
edgeX BZUSDC0.0000%4h97.311−0.070%$223K$230K20xas long as short
Vest BZ-PERP+0.0010%1h101.45+4.180%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.009+0.646%as long as short
Lighter BRENTOIL+0.0032%1h97.500+0.123%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.551+0.176%$747K$2.9M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.523+0.147%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.540+0.164%$155.6M$115.7M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.467+0.089%$1.6M$395K20xas long as short
Aftermath Perps BRENTUSDlong+0.0075%1h97.380long leg$7K$40K5x
KuCoin BZUSDTM+0.0100%4h97.480+0.103%$3.8M$799K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.390+0.010%$26K$272K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.474+0.097%$82K$200K20xas long as short
Hotstuff BRENTOIL-PERPshort+0.0224%1h97.470+0.092%$34K20x
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.445+0.067%$116K111xas long as short