BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0164%/8h= −18.0% APRnext payment −$0.21 per $10,000 · paid last 24h +0.018%

Price spread now: Kraken Futures against Hotstuff+0.003%7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on Kraken Futures

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: −$5 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	96.240	0.0184	pay 0.0023% / 1h	53m 09s	$33K	—	20x
Short	Kraken Futures PF_BRENTOILUSD	96.242	0.0020	get 0.0002% / 1h	53m 09s	$83K	$233K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$34.48
Price spread: +0.003% → 0.000%: $0.25
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$49.23
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; Kraken Futures: live order book, 19 min ago. 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 Kraken Futures live order book, 19 min ago	4.83 bp	13.0 bp −$13	30.2 bp −$302	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BRENTOIL/USD [ETH-USDC]	L −0.0848% / S +0.0467%	1h	96.215	−0.026%	$120K	—	111x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.510	−0.759%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.070	−0.177%	$232K	$483K	15x	as long as short
GRVT BZ_USDT_Perp	−0.0066%	4h	96.139	−0.105%	$34K	$365K	25x	as long as short
Aster BZUSDT	0.0000%	4h	96.210	−0.031%	$334K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.210	−0.031%	$145.8M	$439.3M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.210	−0.031%	$10.4M	$16.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.220	−0.021%	$15.8M	$25.5M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.196	−0.046%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.170	−0.073%	$9.2M	$14.2M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	96.240	0.000%	$27.6M	$20.1M	100x	as long as short
Variational Omni BZ	0.0000%	4h	96.142	−0.102%	$9.3M	$7.7M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.220	−0.021%	$4K	$2.7M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.250	+0.010%	$103K	$272K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.140	−0.104%	$306K	$229K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.360	+0.125%	$1.2M	$94K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	96.769	+0.550%	—	—	—	as long as short
edgeX BZUSDC	+0.0013%	4h	96.166	−0.077%	$220K	$232K	20x	as long as short
Kraken Futures PF_BRENTOILUSDshort	+0.0020%	1h	96.242	+0.003%	$83K	$233K	20x
Paradex BZ-USD-PERP	+0.0037%	8h	96.191	−0.051%	$3K	$521	5x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.30	+4.219%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0048%	1h	96.240	0.000%	$3.4M	$4.2M	20x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.233	−0.007%	$151.0M	$143.5M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.265	+0.026%	$1.5M	$502K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.140	−0.104%	$3.1M	$1.1M	15x	as long as short
BloFin BZ-USDT	+0.0057%	4h	96.230	−0.010%	$1.5M	$95K	50x	as long as short
Extended XBR-USD	+0.0072%	1h	96.237	−0.003%	$762K	$5.3M	10x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.250	+0.010%	$3.8M	$989K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.100	−0.145%	$25K	$272K	50x	as long as short
Hotstuff BRENTOIL-PERPlong	+0.0184%	1h	96.240	long leg	$33K	—	20x
Aftermath Perps BRENTUSD	+0.0605%	1h	96.149	−0.094%	$6K	$44K	5x	as long as short