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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0168%/8h= −18.4% APRnext payment $0.21 per $10,000 · paid last 24h +0.009%
Price spread now: Hotstuff against Extended+0.006%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XBR-USD96.3140.0216pay 0.0027% / 1h58m 42s$772K$5.3M10x
ShortHotstuff BRENTOIL-PERP96.3200.0048get 0.0006% / 1h58m 42s$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Extended. 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
−$35.28
Price spread: +0.006% → 0.000%
$0.61
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$44.67
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 5 min ago1.92 bp5.3 bp −$521.5 bp −$215doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BRENTOIL/USD [ETH-USDC]L −0.0848% / S +0.0467%1h96.295−0.020%$120K111xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.484−0.862%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0136%1h96.070−0.253%$232K$484K15xas long as short
Aster BZUSDT0.0000%4h96.252−0.065%$334K$1.2M50xas long as short
Binance BZUSDT0.0000%4h96.280−0.035%$145.9M$442.6M100xas long as short
Bybit BZUSDT0.0000%8h96.290−0.025%$10.4M$16.1M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.280−0.035%$15.8M$25.6M50xas long as short
RISEx BZ/USDC0.0000%1h96.287−0.028%$2.2M$1.3M20xas long as short
Gate BZ_USDT0.0000%8h96.240−0.077%$9.2M$14.2M100xas long as short
Bitget BZUSDT0.0000%4h96.280−0.035%$27.7M$20.1M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h96.202−0.116%$9.3M$7.7Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.220−0.098%$34K$365K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.290−0.025%$4K$2.7M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.300−0.015%$103K$272K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.200−0.119%$306K$249K75xas long as short
Phemex XBRUSDT0.0000%4h96.370+0.058%$1.2M$95K100xas long as short
BloFin BZ-USDT+0.0003%4h96.280−0.035%$1.5M$95K50xas long as short
edgeX BZUSDC+0.0009%4h96.204−0.114%$220K$234K20xas long as short
Kraken Futures PF_BRENTOILUSD+0.0020%1h96.319+0.005%$83K$234K20xas long as short
Paradex BZ-USD-PERP+0.0035%8h96.282−0.033%$3K$5215xas long as short
Vest BZ-PERP+0.0046%1h100.32+4.159%$735K10xas long as short
Hotstuff BRENTOIL-PERPshort+0.0048%1h96.320+0.006%$33K20x
tradeXYZ xyz:BRENTOIL+0.0050%1h96.315+0.001%$151.2M$144.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.340+0.027%$1.5M$502K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h96.220−0.098%$3.1M$1.1M15xas long as short
Aftermath Perps BRENTUSD+0.0097%1h96.250−0.067%$6K$44K5xas long as short
KuCoin BZUSDTM+0.0100%4h96.210−0.108%$3.8M$988K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.230−0.087%$25K$271K50xas long as short
Lighter BRENTOIL+0.0120%1h96.280−0.035%$3.4M$4.2M20xas long as short
Extended XBR-USDlong+0.0216%1h96.314long leg$772K$5.3M10x