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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Hotstuff against Extended−0.013%7-day average · you buy dearer than you sell
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 airdropExtended: Active · Hotstuff: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XBR-USD97.6020.0032pay 0.0004% / 1h4m 13s$681K$3.5M10x
ShortHotstuff BRENTOIL-PERP97.5900.0032get 0.0004% / 1h4m 13s$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Extended. 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
$0
Price spread: −0.013% → 0.000%
−$1.27
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$11.27
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 5 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 Extended live order book, 5 min ago0.92 bp4.1 bp −$415.2 bp −$152doesn't fitdoesn'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%1h96.939−0.680%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.530−0.074%$235K$426K15xas long as short
Aster BZUSDT0.0000%4h97.601−0.001%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.596−0.007%$147.6M$357.7M100xas long as short
Bybit BZUSDT0.0000%8h97.570−0.033%$10.3M$12.6M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.580−0.023%$16.1M$20.0M50xas long as short
RISEx BZ/USDC0.0000%1h97.563−0.040%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.550−0.054%$9.3M$11.7M100xas long as short
Bitget BZUSDT0.0000%4h97.590−0.013%$27.7M$17.2M100xas long as short
Variational Omni BZ0.0000%4h97.538−0.066%$9.4M$6.9Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h97.560−0.044%$34K$307K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.620+0.018%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.580−0.023%$100K$249K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.560−0.043%$280K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.560−0.043%$1.2M$80K100xas long as short
Kraken Futures PF_BRENTOILUSD+0.0009%1h97.584−0.019%$82K$208K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.140+0.551%as long as short
Vest BZ-PERP+0.0014%1h101.65+4.147%$735K10xas long as short
edgeX BZUSDC+0.0017%4h97.556−0.047%$225K$228K20xas long as short
Lighter BRENTOIL+0.0032%1h97.600−0.002%$3.3M$4.7M20xas long as short
Extended XBR-USDlong+0.0032%1h97.602long leg$681K$3.5M10x
Hotstuff BRENTOIL-PERPshort+0.0032%1h97.590−0.013%$34K20x
BloFin BZ-USDT+0.0045%4h97.560−0.043%$1.5M$95K50xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.589−0.013%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.612+0.010%$154.4M$122.8M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.623+0.021%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.520−0.084%$3.1M$995K15xas long as short
Aftermath Perps BRENTUSD+0.0076%1h97.592−0.011%$7K$41K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.620+0.018%$3.8M$832K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.560−0.043%$26K$274K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.585−0.018%$116K111xas long as short