BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.011%

Price spread now: Hotstuff against Ondo Perps+0.072%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · Hotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hotstuff is 0.072% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps BRENT-USD.P	97.620	0.0050	pay 0.0006% / 1h	13m 52s	$3.1M	$999K	15x
Short	Hotstuff BRENTOIL-PERP	97.690	0	get 0.0000% / 1h	13m 52s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Ondo Perps. 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 Ondo PerpsbpFee HotstuffbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$10.58
Price spread: +0.072% → 0.000%: $7.17
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$13.41
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Ondo Perps: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

Ondo Perps 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
Injective BRENT/USDC PERP	−0.0220%	1h	96.939	−0.698%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0096%	1h	97.530	−0.092%	$235K	$430K	15x	as long as short
BloFin BZ-USDT	−0.0059%	4h	97.670	+0.051%	$1.5M	$95K	50x	as long as short
Aster BZUSDT	0.0000%	4h	97.690	+0.071%	$340K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.681	+0.063%	$147.8M	$360.9M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.670	+0.051%	$10.3M	$12.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.680	+0.061%	$16.1M	$20.7M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.648	+0.029%	$2.4M	$1.7M	20x	as long as short
Hotstuff BRENTOIL-PERPshort	0.0000%	1h	97.690	+0.072%	$34K	—	20x
Gate BZ_USDT	0.0000%	8h	97.640	+0.020%	$9.3M	$11.7M	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	97.680	+0.061%	$28.0M	$16.5M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.609	−0.011%	$9.4M	$6.9M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.640	+0.020%	$34K	$307K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.680	+0.061%	$4K	$2.4M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.660	+0.041%	$100K	$250K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.590	−0.031%	$280K	$254K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.630	+0.010%	$1.2M	$81K	100x	as long as short
edgeX BZUSDC	+0.0004%	4h	97.605	−0.015%	$225K	$229K	20x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0009%	1h	97.689	+0.071%	$82K	$208K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.226	+0.621%	—	—	—	as long as short
Vest BZ-PERP	+0.0015%	1h	101.73	+4.210%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.710	+0.092%	$3.3M	$4.7M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.675	+0.057%	$680K	$3.6M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.665	+0.047%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.711	+0.093%	$154.5M	$124.1M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.726	+0.109%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.Plong	+0.0050%	1h	97.620	long leg	$3.1M	$999K	15x
Aftermath Perps BRENTUSD	+0.0069%	1h	97.627	+0.008%	$7K	$42K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.690	+0.072%	$3.8M	$832K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.630	+0.010%	$26K	$274K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0328% / S −0.2771%	1h	97.685	+0.067%	$116K	—	111x	as long as short