Settings8H · net · $10k
Funding arb · Price arb /

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0165%/8h= +18.0% APRpaid last 24h +0.003%
Price spread now: Hotstuff against edgeX+0.008%58s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BZUSDC97.4320.0003pay 0.0002% / 4h4m 26s$224K$229K20x
ShortHotstuff BRENTOIL-PERP97.4400.0168get 0.0021% / 1h4m 26s$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against edgeX. 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

Funding earned
$34.57
Price spread: +0.008% → 0.000%
$0.8
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$21.37
Costs to cover
0.140%
Break-even
2.7 days
Slippage unknown: edgeX: live order book, 33 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 33 min ago10.27 bp14.8 bp −$1515.6 bp −$15659.8 bp −$5,978doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BRENT/USDC PERP−0.0220%1h96.342−1.119%$8K$7K30xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0160%1h97.410−0.023%$100K$256K15xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.480+0.049%$237K$402K15xas long as short
BloFin BZ-USDT−0.0035%4h97.360−0.074%$1.5M$99K50xas long as short
Ondo Perps BRENT-USD.P−0.0016%1h97.350−0.084%$3.1M$1.0M15xas long as short
Aster BZUSDT0.0000%4h97.373−0.060%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.330−0.105%$148.2M$351.3M100xas long as short
Bybit BZUSDT0.0000%8h97.310−0.125%$10.3M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.310−0.125%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.319−0.117%$2.4M$1.7M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h97.290−0.146%$9.2M$11.3M100xas long as short
Bitget BZUSDT0.0000%4h97.320−0.115%$27.9M$18.5M100xas long as short
Variational Omni BZ0.0000%4h97.402−0.031%$9.5M$6.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.430−0.002%$14K$332K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.400−0.033%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.430−0.002%$280K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.410−0.023%$1.2M$86K100xas long as short
edgeX BZUSDClong+0.0003%4h97.432long leg$224K$229K20x
Vest BZ-PERP+0.0010%1h101.40+4.072%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.903+0.484%as long as short
Lighter BRENTOIL+0.0032%1h97.370−0.064%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.380−0.054%$743K$2.9M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.367−0.067%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.358−0.076%$155.4M$115.3M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.392−0.041%$1.6M$395K20xas long as short
Aftermath Perps BRENTUSD+0.0076%1h97.344−0.091%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.390−0.043%$3.8M$800K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.450+0.018%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.414−0.019%$82K$200K20xas long as short
Hotstuff BRENTOIL-PERPshort+0.0168%1h97.440+0.008%$34K20x
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.325−0.110%$115K111xas long as short