BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.042%

Price spread now: Hotstuff against Vest−3.979%7-day average — · you buy dearer than you sell

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

Long on Vest 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 airdropVest: Active · Hotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Hotstuff is 3.979% cheaper against Vest than usual: you would sell low and buy high (−$398 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	Vest BZ-PERP	100.02	0.0046	pay 0.0006% / 1h	19m 56s	—	$735K	10x
Short	Hotstuff BRENTOIL-PERP	96.040	0.0008	get 0.0001% / 1h	19m 56s	$33K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Vest. 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 VestbpFee HotstuffbpOrdersPrice spread, now −3.979%Rate

Funding earned: −$7.91
Price spread: −3.979% → 0.000%: −$397.92
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$412.83
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Vest: 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 Vest no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

Vest 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 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	−4.014%	$120K	—	111x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.086	−4.933%	$8K	$7K	30x	as long as short
Ondo Perps BRENT-USD.P	−0.0115%	1h	95.960	−4.059%	$3.0M	$1.1M	15x	as long as short
RISEx BZ/USDC	−0.0075%	1h	95.996	−4.024%	$2.2M	$1.3M	20x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0016%	1h	96.050	−3.969%	$232K	$638K	15x	as long as short
Aster BZUSDT	0.0000%	4h	96.007	−4.012%	$334K	$1.5M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.075	−3.944%	$145.8M	$477.4M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.070	−3.949%	$10.3M	$16.0M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.040	−3.979%	$15.8M	$27.4M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	96.020	−3.999%	$9.2M	$18.0M	100x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	96.010	−4.009%	$27.5M	$21.8M	100x	as long as short
Variational Omni BZ	0.0000%	4h	95.963	−4.056%	$9.2M	$8.2M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	95.929	−4.090%	$34K	$388K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.030	−3.989%	$4K	$2.7M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.030	−3.989%	$102K	$279K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	95.960	−4.059%	$305K	$259K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.000	−4.019%	$1.2M	$101K	100x	as long as short
edgeX BZUSDC	+0.0002%	4h	95.921	−4.098%	$220K	$233K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0003%	1h	95.997	−4.022%	$5K	$45K	5x	as long as short
BloFin BZ-USDT	+0.0003%	4h	95.930	−4.089%	$1.5M	$95K	50x	as long as short
Hotstuff BRENTOIL-PERPshort	+0.0008%	1h	96.040	−3.979%	$33K	—	20x
Paradex BZ-USD-PERP	+0.0014%	8h	96.009	−4.010%	$3K	$521	5x	as long as short
Lighter BRENTOIL	+0.0032%	1h	95.970	−4.049%	$3.3M	$4.2M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	95.919	−4.100%	$670K	$5.3M	10x	as long as short
Vest BZ-PERPlong	+0.0046%	1h	100.02	long leg	—	$735K	10x
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.041	−3.978%	$147.7M	$146.3M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.062	−3.957%	$1.5M	$529K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.040	−3.979%	$3.7M	$1.0M	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	95.900	−4.119%	$25K	$271K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0555%	1h	96.050	−3.969%	$81K	$235K	20x	as long as short