BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0218%/8h= −23.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.005%

Price spread now: Hotstuff against Polymarket Perps−0.035%7-day average — · you buy dearer than you sell

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

Long on Polymarket Perps Short on Hotstuff

What this pair did over the last

the charts below follow

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 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Hotstuff is 0.035% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps BRENTOIL-USD	95.994	0.0050	pay 0.0006% / 1h	31m 32s	$1.5M	$529K	20x
Short	Hotstuff BRENTOIL-PERP	95.960	−0.0168	pay 0.0021% / 1h	31m 32s	$33K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Polymarket 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 Polymarket PerpsbpFee HotstuffbpOrdersPrice spread, now −0.035%Rate

Funding earned: −$45.78
Price spread: −0.035% → 0.000%: −$3.54
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$62.32
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 2 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 Polymarket Perps live order book, 2 min ago	2.19 bp	6.2 bp −$6	7.5 bp −$75	17.5 bp −$1,747	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 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	95.925	−0.072%	$120K	—	29x	as long as short
Ondo Perps BRENT-USD.P	−0.0262%	1h	95.890	−0.108%	$3.0M	$1.1M	15x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.086	−0.946%	$8K	$7K	30x	as long as short
Hotstuff BRENTOIL-PERPshort	−0.0168%	1h	95.960	−0.035%	$33K	—	20x
RISEx BZ/USDC	−0.0075%	1h	95.922	−0.075%	$2.2M	$1.3M	20x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0016%	1h	96.050	+0.058%	$232K	$661K	15x	as long as short
BloFin BZ-USDT	−0.0007%	4h	95.890	−0.108%	$1.5M	$95K	50x	as long as short
Aster BZUSDT	0.0000%	4h	95.937	−0.060%	$333K	$1.5M	50x	as long as short
Binance BZUSDT	0.0000%	4h	95.920	−0.077%	$145.5M	$480.3M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	95.930	−0.067%	$10.2M	$16.6M	100x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BZ-USDT-SWAP	0.0000%	4h	95.920	−0.077%	$15.8M	$27.5M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	95.880	−0.119%	$9.2M	$18.0M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	95.910	−0.088%	$27.4M	$21.9M	100x	as long as short
Variational Omni BZ	0.0000%	4h	95.904	−0.094%	$9.2M	$8.3M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	95.920	−0.077%	$34K	$388K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	95.950	−0.046%	$4K	$2.7M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	95.950	−0.046%	$102K	$279K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	95.860	−0.140%	$305K	$259K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	95.920	−0.077%	$1.2M	$100K	100x	as long as short
edgeX BZUSDC	+0.0001%	4h	95.924	−0.073%	$220K	$234K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0003%	1h	95.924	−0.073%	$5K	$45K	5x	as long as short
Paradex BZ-USD-PERP	+0.0004%	8h	95.933	−0.064%	$3K	$521	5x	as long as short
Lighter BRENTOIL	+0.0032%	1h	95.940	−0.056%	$3.3M	$4.2M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	95.901	−0.096%	$670K	$5.3M	10x	as long as short
Vest BZ-PERP	+0.0046%	1h	99.700	+3.861%	—	$735K	10x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	95.975	−0.020%	$147.5M	$146.8M	20x	as long as short
Polymarket Perps BRENTOIL-USDlong	+0.0050%	1h	95.994	long leg	$1.5M	$529K	20x
KuCoin BZUSDTM	+0.0100%	4h	95.930	−0.067%	$3.7M	$1.0M	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	95.920	−0.077%	$25K	$271K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0556%	1h	95.935	−0.062%	$81K	$240K	20x	as long as short