BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.024%

Price spread now: ApeX Omni against Hotstuff−0.061%57s7-day average — · you buy dearer than you sell

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

Long on Hotstuff Short on ApeX Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. ApeX Omni is 0.061% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.061% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.0 days of funding at the current rate (+$3 a day). The two prices were read 57 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	Hotstuff BRENTOIL-PERP	97.870	0	get 0.0000% / 1h	38m 42s	$34K	—	20x
Short	ApeX Omni BZUSDT	97.810	0.0100	get 0.0013% / 1h	38m 42s	$26K	$273K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hotstuff. 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 HotstuffbpFee ApeX OmnibpOrdersPrice spread, now −0.061%Rate

Funding earned: $21
Price spread: −0.061% → 0.000%: −$6.13
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$0.13
Costs to cover: 0.150%
Break-even: 7.0 days

Slippage unknown: Hotstuff: no order-book sample; ApeX Omni: live order book, 3 min ago. 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 Hotstuff no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 3 min ago	8.69 bp	20.3 bp −$20	182.0 bp −$1,820	doesn't fit	doesn't fit

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	96.817	−1.076%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0088%	1h	97.530	−0.347%	$235K	$416K	15x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	−0.0057%	1h	97.830	−0.041%	$100K	$251K	15x	as long as short
BloFin BZ-USDT	−0.0018%	4h	97.820	−0.051%	$1.5M	$97K	50x	as long as short
Aster BZUSDT	0.0000%	4h	97.855	−0.015%	$340K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.850	−0.020%	$147.9M	$351.1M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.800	−0.072%	$10.1M	$12.9M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.840	−0.031%	$16.1M	$19.8M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.817	−0.054%	$2.4M	$1.7M	20x	as long as short
Hotstuff BRENTOIL-PERPlong	0.0000%	1h	97.870	long leg	$34K	—	20x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BZ_USDT	0.0000%	8h	97.790	−0.082%	$9.3M	$10.9M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.850	−0.020%	$28.0M	$17.3M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.768	−0.104%	$9.4M	$6.8M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.774	−0.098%	$24K	$305K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.910	+0.041%	$4K	$2.4M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.830	−0.041%	$281K	$253K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.960	+0.092%	$1.2M	$87K	100x	as long as short
Vest BZ-PERP	+0.0011%	1h	101.96	+4.179%	—	$735K	10x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.407	+0.549%	—	—	—	as long as short
edgeX BZUSDC	+0.0013%	4h	97.734	−0.139%	$225K	$227K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.850	−0.020%	$3.3M	$4.0M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.854	−0.017%	$682K	$3.4M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.845	−0.026%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.850	−0.020%	$155.2M	$115.9M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.907	+0.038%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.800	−0.072%	$3.1M	$997K	15x	as long as short
Aftermath Perps BRENTUSD	+0.0083%	1h	97.801	−0.070%	$7K	$41K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.860	−0.010%	$3.9M	$823K	50x	as long as short
ApeX Omni BZUSDTshort	+0.0100%	1h	97.810	−0.061%	$26K	$273K	50x
Kraken Futures PF_BRENTOILUSD	+0.0157%	1h	97.880	+0.010%	$82K	$206K	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0329% / S −0.2771%	1h	97.845	−0.026%	$116K	—	111x	as long as short