Funding you earn now, next payment 09:00 UTC+0.0284%/8h= +31.1% APRnext payment +$0.36 per $10,000 · paid last 24h +0.071%
Price spread now: Hotstuff against Injective+1.129%45s7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hotstuff is 1.129% dearer against Injective than usual: you sell high and buy low: +$113 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BRENT/USDC PERP | 96.342 | −0.0220 | get 0.0028% / 1h | 56m 12s | $8K | $7K | 30x |
| Short | Hotstuff BRENTOIL-PERP | 97.430 | 0.0064 | get 0.0008% / 1h | 56m 12s | $34K | — | 20x |
Injective BRENT/USDC PERP
Hotstuff BRENTOIL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Injective. 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
- $59.64
- Price spread: +1.129% → 0.000%
- $112.93
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- $167.55
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Hotstuff: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Injective and 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0264% | 1h | 97.290 | +0.984% | $100K | $258K | 15x | as long as short |
| Injective BRENT/USDC PERPlong | −0.0220% | 1h | 96.342 | long leg | $8K | $7K | 30x | |
| BloFin BZ-USDT | −0.0059% | 4h | 97.380 | +1.077% | $1.5M | $99K | 50x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.480 | +1.181% | $237K | $402K | 15x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0050% | 1h | 97.240 | +0.932% | $3.1M | $996K | 15x | as long as short |
| RISEx BZ/USDC | −0.0039% | 1h | 97.278 | +0.972% | $2.4M | $1.7M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.0002% | 1h | 97.284 | +0.977% | $82K | $200K | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.337 | +1.032% | $338K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.280 | +0.974% | $148.4M | $353.0M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.290 | +0.984% | $10.3M | $13.4M | 100x | as long as short |
Deribit BRENTOIL_USDC-PERPETUAL
BloFin BZ-USDT
Coinbase International BRENTOIL-PERP-INTX
Ondo Perps BRENT-USD.P
RISEx BZ/USDC
Kraken Futures PF_BRENTOILUSD
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.280 | +0.974% | $16.0M | $19.7M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.250 | +0.942% | $9.2M | $10.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.300 | +0.994% | $28.0M | $18.7M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.422 | +1.121% | $9.5M | $6.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.500 | +1.202% | $14K | $332K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.320 | +1.015% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.270 | +0.963% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.360 | +1.057% | $1.2M | $86K | 100x | as long as short |
| Vest BZ-PERP | +0.0010% | 1h | 101.30 | +5.146% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.858 | +1.573% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0015% | 4h | 97.484 | +1.186% | $224K | $228K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.290 | +0.984% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.327 | +1.022% | $747K | $2.8M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.313 | +1.008% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.325 | +1.020% | $155.4M | $115.9M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.335 | +1.031% | $1.6M | $395K | 20x | as long as short |
| Hotstuff BRENTOIL-PERPshort | +0.0064% | 1h | 97.430 | +1.129% | $34K | — | 20x | |
| Aftermath Perps BRENTUSD | +0.0082% | 1h | 97.394 | +1.092% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.280 | +0.974% | $3.8M | $799K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.500 | +1.202% | $26K | $273K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.295 | +0.989% | $115K | — | 111x | as long as short |
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]