BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0584%/8h= +63.9% APRnext payment +$0.73 per $10,000 · paid last 24h +0.030%

Price spread now: Hotstuff against Coinbase International−0.031%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.031% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International BRENTOIL-PERP-INTX	96.050	−0.0112	get 0.0014% / 1h	23m 15s	$232K	$859K	15x
Short	Hotstuff BRENTOIL-PERP	96.020	0.0472	get 0.0059% / 1h	23m 15s	$33K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Coinbase International. 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 Coinbase InternationalbpFee HotstuffbpOrdersPrice spread, now −0.031%Rate

Funding earned: $122.64
Price spread: −0.031% → 0.000%: −$3.12
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $104.52
Costs to cover: 0.150%
Break-even: 1.0 days

Slippage unknown: Coinbase International: live order book, 65 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 65 min ago	1.56 bp	6.9 bp −$7	9.3 bp −$93	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

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 30 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
GMX BRENTOIL/USD [ETH-USDC]	L −0.0679% / S +0.0460%	1h	95.955	−0.099%	$114K	—	29x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.398	−0.679%	$10K	$4K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTXlong	−0.0112%	1h	96.050	long leg	$232K	$859K	15x
BloFin BZ-USDT	−0.0043%	4h	95.960	−0.094%	$1.5M	$97K	50x	as long as short
Aster BZUSDT	0.0000%	4h	95.987	−0.066%	$335K	$1.7M	50x	as long as short
Binance BZUSDT	0.0000%	4h	95.960	−0.094%	$145.6M	$488.3M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	95.960	−0.094%	$10.2M	$17.2M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	95.950	−0.104%	$15.8M	$30.2M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	95.950	−0.104%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	95.920	−0.135%	$9.1M	$19.1M	100x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	95.940	−0.115%	$27.5M	$24.1M	100x	as long as short
Variational Omni BZ	0.0000%	4h	95.922	−0.134%	$9.5M	$11.1M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	95.950	−0.104%	$34K	$406K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	95.980	−0.073%	$4K	$2.7M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	95.980	−0.073%	$102K	$281K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	95.880	−0.177%	$318K	$233K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	95.960	−0.094%	$1.2M	$101K	100x	as long as short
edgeX BZUSDC	+0.0006%	4h	95.961	−0.092%	$220K	$233K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	95.970	−0.083%	$3.3M	$4.4M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	95.936	−0.118%	$669K	$5.2M	10x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.05	+4.164%	—	$735K	10x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.025	−0.026%	$1.5M	$542K	20x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.011	−0.041%	$148.2M	$146.6M	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	95.920	−0.135%	$3.1M	$1.1M	15x	as long as short
Paradex BZ-USD-PERP	+0.0051%	8h	95.966	−0.088%	$3K	$521	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	95.920	−0.135%	$3.8M	$1.1M	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.020	−0.031%	$25K	$270K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0158%	1h	95.978	−0.075%	$81K	$263K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0168%	1h	96.021	−0.030%	$6K	$45K	5x	as long as short
Hotstuff BRENTOIL-PERPshort	+0.0472%	1h	96.020	−0.031%	$33K	—	20x