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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.08 per $10,000 · paid last 24h +0.008%
Price spread now: Extended against Hotstuff−0.009%7-day average · 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 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 · Extended: 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: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BRENTOIL-PERP97.4700.0096pay 0.0012% / 1h0m 30s$34K20x
ShortExtended XBR-USD97.4610.0032get 0.0004% / 1h0m 30s$680K$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hotstuff. 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
−$13.44
Price spread: −0.009% → 0.000%
−$0.88
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$24.32
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; Extended: live order book, 3 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 Hotstuff no order-book sample
Sell Extended live order book, 3 min ago0.72 bp3.8 bp −$414.1 bp −$141doesn't fitdoesn't fit
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%1h96.536−0.958%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.460−0.010%$237K$443K15xas long as short
BloFin BZ-USDT−0.0010%4h97.450−0.021%$1.5M$97K50xas long as short
Aster BZUSDT0.0000%4h97.437−0.034%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.440−0.031%$147.4M$366.8M100xas long as short
Bybit BZUSDT0.0000%8h97.450−0.021%$10.4M$12.6M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.460−0.010%$16.1M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h97.432−0.039%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.410−0.062%$9.2M$12.2M100xas long as short
Bitget BZUSDT0.0000%4h97.450−0.021%$28.0M$16.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.418−0.053%$9.3M$6.9Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.481+0.011%$26K$314K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.4700.000%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.460−0.010%$101K$249K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.420−0.051%$280K$264K75xas long as short
Phemex XBRUSDT0.0000%4h97.490+0.021%$1.2M$83K100xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.002+0.546%as long as short
edgeX BZUSDC+0.0019%4h97.475+0.005%$224K$228K20xas long as short
Vest BZ-PERP+0.0022%1h101.52+4.155%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.460−0.010%$3.2M$4.7M20xas long as short
Extended XBR-USDshort+0.0032%1h97.461−0.009%$680K$3.9M10x
Paradex BZ-USD-PERP+0.0050%8h97.447−0.024%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.481+0.011%$153.7M$125.7M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.480+0.010%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.410−0.062%$3.1M$1.0M15xas long as short
Kraken Futures PF_BRENTOILUSD+0.0063%1h97.472+0.002%$82K$208K20xas long as short
Aftermath Perps BRENTUSD+0.0073%1h97.478+0.008%$7K$42K5xas long as short
Hotstuff BRENTOIL-PERPlong+0.0096%1h97.470long leg$34K20x
KuCoin BZUSDTM+0.0100%4h97.510+0.041%$3.8M$848K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.480+0.010%$26K$274K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0280% / S −0.1889%1h97.455−0.015%$115K111xas long as short