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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: 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: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BRENTOIL-PERP96.7900.0088pay 0.0011% / 1h38m 53s$33K20x
ShortPolymarket Perps BRENTOIL-USD96.8020.0050get 0.0006% / 1h38m 53s$1.5M$486K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Polymarket Perps live order book, 5 min ago2.53 bp8.5 bp −$88.7 bp −$8717.8 bp −$1,775doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BRENT/USDC PERP−0.0220%1h95.962−0.855%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0136%1h96.650−0.145%$234K$421K15xas long as short
BloFin BZ-USDT−0.0052%4h96.760−0.031%$1.5M$90K50xas long as short
Aster BZUSDT0.0000%4h96.734−0.058%$336K$1.2M50xas long as short
Binance BZUSDT0.0000%4h96.770−0.021%$146.2M$388.3M100xas long as short
Bybit BZUSDT0.0000%8h96.740−0.052%$10.3M$14.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.760−0.031%$15.9M$23.0M50xas long as short
RISEx BZ/USDC0.0000%1h96.764−0.026%$2.2M$1.3M20xas long as short
Gate BZ_USDT0.0000%8h96.740−0.052%$9.2M$12.7M100xas long as short
Bitget BZUSDT0.0000%4h96.780−0.010%$27.6M$16.5M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h96.7900.000%$9.3M$7.2Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.793+0.003%$24K$341K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.740−0.052%$4K$2.6M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.740−0.052%$103K$271K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.750−0.041%$277K$284K75xas long as short
Phemex XBRUSDT0.0000%4h96.720−0.072%$1.2M$85K100xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.246+0.471%as long as short
edgeX BZUSDC+0.0019%4h96.798+0.008%$222K$232K20xas long as short
Lighter BRENTOIL+0.0032%1h96.780−0.010%$3.3M$4.4M20xas long as short
Extended XBR-USD+0.0032%1h96.769−0.022%$676K$5.2M10xas long as short
Vest BZ-PERP+0.0046%1h100.77+4.112%$735K10xas long as short
Paradex BZ-USD-PERP+0.0048%8h96.766−0.025%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.806+0.017%$151.6M$129.2M20xas long as short
Polymarket Perps BRENTOIL-USDshort+0.0050%1h96.802+0.012%$1.5M$486K20x
Ondo Perps BRENT-USD.P+0.0050%1h96.740−0.052%$3.1M$1.1M15xas long as short
Hotstuff BRENTOIL-PERPlong+0.0088%1h96.790long leg$33K20x
KuCoin BZUSDTM+0.0100%4h96.810+0.021%$3.8M$892K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.770−0.021%$25K$273K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0206% / S +0.0103%1h96.705−0.088%$126K111xas long as short
Kraken Futures PF_BRENTOILUSD+0.0253%1h96.745−0.047%$83K$218K20xas long as short
Aftermath Perps BRENTUSD+0.0272%1h96.788−0.002%$7K$44K5xas long as short