Funding you earn now, next payment 06:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h +0.009%
Price spread now: Polymarket Perps against Hotstuff−0.007%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 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 | 97.490 | 0.0080 | pay 0.0010% / 1h | 54m 36s | $34K | — | 20x |
| Short | Polymarket Perps BRENTOIL-USD | 97.483 | 0.0050 | get 0.0006% / 1h | 54m 36s | $1.6M | $463K | 20x |
Hotstuff BRENTOIL-PERP
Polymarket Perps BRENTOIL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Hotstuff. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.3
- Price spread: −0.007% → 0.000%
- −$0.72
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$20.02
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Polymarket Perps: live order book, 4 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 Polymarket Perps live order book, 4 min ago | 2.15 bp | 6.2 bp −$6 | 7.1 bp −$71 | 17.1 bp −$1,711 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.684 | −0.827% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0096% | 1h | 97.460 | −0.031% | $237K | $443K | 15x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0058% | 1h | 97.460 | −0.031% | $101K | $249K | 15x | as long as short |
| BloFin BZ-USDT | −0.0012% | 4h | 97.500 | +0.010% | $1.5M | $97K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.437 | −0.054% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.460 | −0.031% | $147.4M | $365.4M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.450 | −0.041% | $10.4M | $12.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.460 | −0.031% | $16.1M | $20.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.445 | −0.046% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.420 | −0.072% | $9.2M | $11.6M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Deribit BRENTOIL_USDC-PERPETUAL
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDT | 0.0000% | 4h | 97.460 | −0.031% | $28.0M | $16.6M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.458 | −0.033% | $9.3M | $6.9M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.470 | −0.021% | $26K | $315K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.480 | −0.010% | $4K | $2.5M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.440 | −0.051% | $280K | $264K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.500 | +0.010% | $1.2M | $83K | 100x | as long as short |
| edgeX BZUSDC | +0.0005% | 4h | 97.446 | −0.045% | $224K | $226K | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0009% | 1h | 97.490 | 0.000% | $82K | $208K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.015 | +0.539% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0021% | 1h | 101.52 | +4.134% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.460 | −0.031% | $3.2M | $4.6M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.463 | −0.028% | $679K | $3.9M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.455 | −0.036% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.469 | −0.022% | $153.7M | $125.4M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USDshort | +0.0050% | 1h | 97.483 | −0.007% | $1.6M | $463K | 20x | |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.420 | −0.072% | $3.1M | $1.0M | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.0065% | 1h | 97.475 | −0.016% | $7K | $42K | 5x | as long as short |
| Hotstuff BRENTOIL-PERPlong | +0.0080% | 1h | 97.490 | long leg | $34K | — | 20x | |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.520 | +0.031% | $3.8M | $838K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.440 | −0.051% | $26K | $274K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0287% / S −0.2018% | 1h | 97.465 | −0.026% | $115K | — | 111x | as long as short |
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Kraken Futures PF_BRENTOILUSD
gTrade (Gains Network) BRENT/USD
Vest BZ-PERP
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Ondo Perps BRENT-USD.P
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]