BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1215%/8h= +133.0% APRnext payment +$1.52 per $10,000 · paid last 24h −0.020%

Price spread now: GMX against Hotstuff−0.015%7-day average — · you buy dearer than you sell

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

Long on Hotstuff Short on GMX

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$36 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff BRENTOIL-PERP	97.380	0.0056	pay 0.0007% / 1h	29m 21s	$34K	—	20x
Short	GMX BRENTOIL/USD [ETH-USDC]	97.365	L +0.0251% / S −0.1271%	get 0.0159% / 1h	29m 21s	$115K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee HotstuffbpFee GMXbpOrdersPrice spread, now −0.015%Rate

Funding earned: $255.16
Price spread: −0.015% → 0.000%: −$1.54
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: $236.62
Costs to cover: 0.170%
Break-even: 0.5 days

Slippage unknown: Hotstuff: no order-book sample; GMX: 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 Hotstuff no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Hotstuff and GMX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BRENT/USDC PERP	−0.0220%	1h	96.628	−0.772%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0088%	1h	97.270	−0.113%	$233K	$439K	15x	as long as short
Aster BZUSDT	0.0000%	4h	97.360	−0.021%	$339K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.370	−0.010%	$147.3M	$367.3M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.360	−0.021%	$10.4M	$12.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.350	−0.031%	$16.1M	$20.5M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.343	−0.038%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.330	−0.051%	$9.2M	$12.2M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.370	−0.010%	$27.9M	$16.6M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.338	−0.043%	$9.3M	$6.9M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	97.361	−0.019%	$29K	$307K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.380	0.000%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.370	−0.010%	$104K	$245K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.320	−0.062%	$279K	$267K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.460	+0.082%	$1.2M	$82K	100x	as long as short
edgeX BZUSDC	+0.0009%	4h	97.365	−0.015%	$223K	$228K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.909	+0.544%	—	—	—	as long as short
BloFin BZ-USDT	+0.0021%	4h	97.340	−0.041%	$1.5M	$92K	50x	as long as short
Vest BZ-PERP	+0.0028%	1h	101.40	+4.128%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.360	−0.021%	$3.2M	$4.7M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.374	−0.006%	$677K	$4.1M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.392	+0.012%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.383	+0.003%	$153.8M	$126.1M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.404	+0.025%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.340	−0.041%	$3.1M	$1.0M	15x	as long as short
Hotstuff BRENTOIL-PERPlong	+0.0056%	1h	97.380	long leg	$34K	—	20x
Kraken Futures PF_BRENTOILUSD	+0.0063%	1h	97.386	+0.006%	$82K	$208K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.420	+0.041%	$3.8M	$853K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.360	−0.021%	$26K	$274K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0103%	1h	97.411	+0.032%	$7K	$43K	5x	as long as short
GMX BRENTOIL/USD [ETH-USDC]short	L +0.0251% / S −0.1271%	1h	97.365	−0.015%	$115K	—	111x