Funding you earn now, next payment 05:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h −0.017%
Price spread now: Hotstuff against Aftermath Perps+0.222%50s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$3 a day on $10k at the current rate, and Hotstuff is 0.222% dearer against Aftermath Perps than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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 | Aftermath Perps BRENTUSD | 97.254 | 0.0108 | pay 0.0014% / 1h | 47m 41s | $7K | $43K | 5x |
| Short | Hotstuff BRENTOIL-PERP | 97.470 | 0.0224 | get 0.0028% / 1h | 47m 41s | $34K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Aftermath Perps. 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
- $24.34
- Price spread: +0.222% → 0.000%
- $22.23
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- $32.57
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Aftermath 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Aftermath 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 | 96.333 | −0.947% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.270 | +0.017% | $233K | $439K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.420 | +0.171% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.390 | +0.140% | $147.6M | $368.6M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.390 | +0.140% | $10.4M | $12.7M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.400 | +0.150% | $16.0M | $20.4M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.380 | +0.130% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.360 | +0.109% | $9.2M | $12.1M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.420 | +0.171% | $27.9M | $16.7M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.258 | +0.004% | $9.4M | $6.8M | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.183 | −0.073% | $29K | $346K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.460 | +0.212% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.420 | +0.171% | $104K | $240K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.160 | −0.096% | $279K | $267K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.410 | +0.161% | $1.2M | $84K | 100x | as long as short |
| edgeX BZUSDC | +0.0011% | 4h | 97.161 | −0.095% | $223K | $227K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.980 | +0.747% | — | — | — | as long as short |
| BloFin BZ-USDT | +0.0013% | 4h | 97.360 | +0.109% | $1.5M | $92K | 50x | as long as short |
| Vest BZ-PERP | +0.0030% | 1h | 101.45 | +4.315% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.400 | +0.150% | $3.2M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.406 | +0.156% | $679K | $4.2M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.394 | +0.144% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.430 | +0.181% | $153.7M | $126.2M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.483 | +0.236% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.360 | +0.109% | $3.1M | $1.0M | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0063% | 1h | 97.429 | +0.181% | $82K | $208K | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.450 | +0.202% | $3.8M | $868K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.230 | −0.024% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSDlong | +0.0108% | 1h | 97.254 | long leg | $7K | $43K | 5x | |
| Hotstuff BRENTOIL-PERPshort | +0.0224% | 1h | 97.470 | +0.222% | $34K | — | 20x | |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0232% / S −0.0280% | 1h | 97.425 | +0.176% | $127K | — | 111x | as long as short |
Aftermath Perps BRENTUSD
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
BloFin BZ-USDT
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Kraken Futures PF_BRENTOILUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]