Funding you earn now, next payment 23:00 UTC−0.0162%/8h= −17.8% APRnext payment −$0.20 per $10,000 · paid last 24h −0.042%
Price spread now: Vest against Hotstuff+4.132%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 · Vest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 4.132% dearer against Hotstuff than usual: you sell high and buy low (spread +4.132% now, against zero (this spread has no 7-day history yet)): +$413 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff BRENTOIL-PERP | 96.070 | 0.0208 | pay 0.0026% / 1h | 16m 21s | $33K | — | 20x |
| Short | Vest BZ-PERP | 100.04 | 0.0046 | get 0.0006% / 1h | 16m 21s | — | $735K | 10x |
Hotstuff BRENTOIL-PERP
Vest BZ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$34.09
- Price spread: +4.132% → 0.000%
- $413.24
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $372.15
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Hotstuff: no order-book sample; Vest: 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 Vest no order-book sample | — | — | — | — | — |
Hotstuff and Vest: 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.| 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 | 96.005 | −0.068% | $120K | — | 111x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.249 | −0.855% | $8K | $7K | 30x | as long as short |
| RISEx BZ/USDC | −0.0075% | 1h | 96.017 | −0.055% | $2.2M | $1.3M | 20x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0053% | 1h | 95.990 | −0.083% | $3.0M | $1.1M | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0016% | 1h | 96.050 | −0.021% | $232K | $638K | 15x | as long as short |
| BloFin BZ-USDT | −0.0005% | 4h | 96.030 | −0.042% | $1.5M | $95K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.029 | −0.043% | $334K | $1.5M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.011 | −0.061% | $145.6M | $476.3M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.020 | −0.052% | $10.3M | $15.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.000 | −0.073% | $15.8M | $27.2M | 50x | as long as short |
GMX BRENTOIL/USD [ETH-USDC]
Injective BRENT/USDC PERP
RISEx BZ/USDC
Ondo Perps BRENT-USD.P
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BZ_USDT | 0.0000% | 8h | 95.970 | −0.104% | $9.2M | $18.0M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.000 | −0.073% | $27.4M | $21.3M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 95.963 | −0.111% | $9.2M | $8.2M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.005 | −0.068% | $34K | $388K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.030 | −0.042% | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.030 | −0.042% | $102K | $279K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 95.940 | −0.135% | $305K | $259K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.030 | −0.042% | $1.2M | $100K | 100x | as long as short |
| edgeX BZUSDC | 0.0000% | 4h | 95.954 | −0.120% | $220K | $233K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0006% | 1h | 96.053 | −0.017% | $6K | $45K | 5x | as long as short |
| Paradex BZ-USD-PERP | +0.0017% | 8h | 96.004 | −0.068% | $3K | $521 | 5x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.020 | −0.052% | $3.3M | $4.2M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 95.933 | −0.142% | $670K | $5.2M | 10x | as long as short |
| Vest BZ-PERPshort | +0.0046% | 1h | 100.04 | +4.132% | — | $735K | 10x | |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.058 | −0.012% | $147.8M | $146.4M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.076 | +0.006% | $1.5M | $529K | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.040 | −0.031% | $3.7M | $999K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.030 | −0.042% | $25K | $271K | 50x | as long as short |
| Hotstuff BRENTOIL-PERPlong | +0.0208% | 1h | 96.070 | long leg | $33K | — | 20x | |
| Kraken Futures PF_BRENTOILUSD | +0.0555% | 1h | 96.048 | −0.023% | $81K | $235K | 20x | as long as short |
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Aftermath Perps BRENTUSD
Paradex BZ-USD-PERP
Lighter BRENTOIL
Extended XBR-USD
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD