Funding you earn now, next payment 02:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.05 per $10,000 · paid last 24h +0.010%
Price spread now: Polymarket Perps against Hotstuff+0.012%7-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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff BRENTOIL-PERP | 96.790 | 0.0088 | pay 0.0011% / 1h | 38m 53s | $33K | — | 20x |
| Short | Polymarket Perps BRENTOIL-USD | 96.802 | 0.0050 | get 0.0006% / 1h | 38m 53s | $1.5M | $486K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Hotstuff. 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
- −$7.98
- Price spread: +0.012% → 0.000%
- $1.24
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$19.74
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Polymarket Perps: live order book, 5 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 Polymarket Perps live order book, 5 min ago | 2.53 bp | 8.5 bp −$8 | 8.7 bp −$87 | 17.8 bp −$1,775 | 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 | 95.962 | −0.855% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0136% | 1h | 96.650 | −0.145% | $234K | $421K | 15x | as long as short |
| BloFin BZ-USDT | −0.0052% | 4h | 96.760 | −0.031% | $1.5M | $90K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.734 | −0.058% | $336K | $1.2M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.770 | −0.021% | $146.2M | $388.3M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.740 | −0.052% | $10.3M | $14.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.760 | −0.031% | $15.9M | $23.0M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 96.764 | −0.026% | $2.2M | $1.3M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.740 | −0.052% | $9.2M | $12.7M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.780 | −0.010% | $27.6M | $16.5M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 96.790 | 0.000% | $9.3M | $7.2M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.793 | +0.003% | $24K | $341K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.740 | −0.052% | $4K | $2.6M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.740 | −0.052% | $103K | $271K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.750 | −0.041% | $277K | $284K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.720 | −0.072% | $1.2M | $85K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.246 | +0.471% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0019% | 4h | 96.798 | +0.008% | $222K | $232K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.780 | −0.010% | $3.3M | $4.4M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 96.769 | −0.022% | $676K | $5.2M | 10x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.77 | +4.112% | — | $735K | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0048% | 8h | 96.766 | −0.025% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.806 | +0.017% | $151.6M | $129.2M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USDshort | +0.0050% | 1h | 96.802 | +0.012% | $1.5M | $486K | 20x | |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 96.740 | −0.052% | $3.1M | $1.1M | 15x | as long as short |
| Hotstuff BRENTOIL-PERPlong | +0.0088% | 1h | 96.790 | long leg | $33K | — | 20x | |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.810 | +0.021% | $3.8M | $892K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.770 | −0.021% | $25K | $273K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0206% / S +0.0103% | 1h | 96.705 | −0.088% | $126K | — | 111x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0253% | 1h | 96.745 | −0.047% | $83K | $218K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0272% | 1h | 96.788 | −0.002% | $7K | $44K | 5x | as long as short |
Polymarket Perps BRENTOIL-USD
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
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
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]
Kraken Futures PF_BRENTOILUSD
Aftermath Perps BRENTUSD