Funding you earn now, next payment 09:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h −0.022%
Price spread now: Hotstuff against KuCoin−0.010%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: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BZUSDTM | 97.310 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $3.8M | $791K | 50x |
| Short | Hotstuff BRENTOIL-PERP | 97.300 | 0.0192 | get 0.0024% / 1h | 30m 54s | $34K | — | 20x |
KuCoin BZUSDTM
Hotstuff BRENTOIL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against KuCoin. 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
- $19.32
- Price spread: −0.010% → 0.000%
- −$1.03
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- $1.29
- Costs to cover
- 0.170%
- Break-even
- 6.5 days
Slippage unknown: KuCoin: live order book, 7 min ago; 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 KuCoin live order book, 7 min ago | 0.51 bp | 15.5 bp −$16 | 38.9 bp −$389 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
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 | 96.342 | −0.995% | $8K | $7K | 30x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0161% | 1h | 97.300 | −0.010% | $100K | $264K | 15x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0079% | 1h | 97.170 | −0.144% | $3.1M | $1.0M | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.230 | −0.082% | $237K | $407K | 15x | as long as short |
| GRVT BZ_USDT_Perp | −0.0054% | 4h | 97.280 | −0.031% | $13K | $331K | 25x | as long as short |
| RISEx BZ/USDC | −0.0039% | 1h | 97.242 | −0.070% | $2.4M | $1.8M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.0002% | 1h | 97.272 | −0.039% | $82K | $197K | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.292 | −0.018% | $338K | $735K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.328 | +0.018% | $148.7M | $354.2M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.300 | −0.010% | $10.3M | $13.3M | 100x | as long as short |
Injective BRENT/USDC PERP
Deribit BRENTOIL_USDC-PERPETUAL
Ondo Perps BRENT-USD.P
Coinbase International BRENTOIL-PERP-INTX
GRVT BZ_USDT_Perp
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 | 97.290 | −0.021% | $16.2M | $19.9M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.240 | −0.072% | $9.2M | $10.5M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.330 | +0.021% | $27.9M | $18.9M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.329 | +0.019% | $9.4M | $6.1M | — | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.310 | 0.000% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.270 | −0.041% | $279K | $251K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.280 | −0.031% | $1.2M | $83K | 100x | as long as short |
| edgeX BZUSDC | +0.0001% | 4h | 97.267 | −0.044% | $223K | $230K | 20x | as long as short |
| Vest BZ-PERP | +0.0008% | 1h | 101.23 | +4.028% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.838 | +0.543% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.250 | −0.062% | $3.3M | $4.2M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.338 | +0.029% | $750K | $2.7M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0047% | 8h | 97.267 | −0.044% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.324 | +0.014% | $155.5M | $116.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.300 | −0.010% | $1.6M | $344K | 20x | as long as short |
| BloFin BZ-USDT | +0.0054% | 4h | 97.240 | −0.072% | $1.5M | $100K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0070% | 1h | 97.339 | +0.029% | $7K | $39K | 5x | as long as short |
| KuCoin BZUSDTMlong | +0.0100% | 4h | 97.310 | long leg | $3.8M | $791K | 50x | |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.310 | 0.000% | $26K | $273K | 50x | as long as short |
| Hotstuff BRENTOIL-PERPshort | +0.0192% | 1h | 97.300 | −0.010% | $34K | — | 20x | |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.265 | −0.046% | $115K | — | 111x | as long as short |
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
BloFin BZ-USDT
Aftermath Perps BRENTUSD
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]