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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0123%/8h= −13.4% APRnext payment $0.15 per $10,000 · paid last 24h −0.020%
Price spread now: Vest against Hotstuff+4.126%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 · Vest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 4.126% dearer against Hotstuff than usual: you sell high and buy low (spread +4.126% now, against zero (this spread has no 7-day history yet)): +$413 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BRENTOIL-PERP97.4200.0152pay 0.0019% / 1h41m 47s$34K20x
ShortVest BZ-PERP101.440.0029get 0.0004% / 1h41m 47s$735K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$25.74
Price spread: +4.126% → 0.000%
$412.65
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
$379.91
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; Vest: 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 Hotstuff no order-book sample
Sell Vest no order-book sample
Hotstuff and Vest: 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%1h96.333−1.116%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.270−0.154%$233K$439K15xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0058%1h97.430+0.010%$104K$242K15xas long as short
BloFin BZ-USDT−0.0051%4h97.370−0.051%$1.5M$92K50xas long as short
Aster BZUSDT0.0000%4h97.417−0.003%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.460+0.041%$147.6M$367.5M100xas long as short
Bybit BZUSDT0.0000%8h97.440+0.021%$10.4M$12.7M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.440+0.021%$16.0M$20.4M50xas long as short
RISEx BZ/USDC0.0000%1h97.355−0.067%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.400−0.021%$9.2M$12.1M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h97.440+0.021%$27.9M$16.6M100xas long as short
Variational Omni BZ0.0000%4h97.348−0.074%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.370−0.051%$29K$307K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.400−0.021%$4K$2.5M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.320−0.103%$279K$267K75xas long as short
Phemex XBRUSDT0.0000%4h97.440+0.021%$1.2M$84K100xas long as short
edgeX BZUSDC+0.0008%4h97.375−0.046%$223K$228K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.981+0.575%as long as short
Vest BZ-PERPshort+0.0029%1h101.44+4.126%$735K10x
Lighter BRENTOIL+0.0032%1h97.450+0.031%$3.2M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.461+0.042%$677K$4.1M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.343−0.079%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.477+0.059%$153.7M$126.3M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.423+0.003%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.310−0.113%$3.1M$1.0M15xas long as short
Kraken Futures PF_BRENTOILUSD+0.0063%1h97.414−0.006%$82K$208K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.460+0.041%$3.8M$869K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.360−0.062%$26K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0105%1h97.380−0.041%$7K$43K5xas long as short
Hotstuff BRENTOIL-PERPlong+0.0152%1h97.420long leg$34K20x
GMX BRENTOIL/USD [ETH-USDC]L +0.0237% / S −0.0313%1h97.425+0.005%$126K111xas long as short