Funding you earn now, next payment 07:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.07 per $10,000 · paid last 24h −0.012%
Price spread now: Hotstuff against Ondo Perps+0.082%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropOndo Perps: Active · Hotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.082% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.082% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BRENT-USD.P | 97.730 | 0.0050 | pay 0.0006% / 1h | 51m 48s | $3.1M | $996K | 15x |
| Short | Hotstuff BRENTOIL-PERP | 97.810 | −0.0008 | pay 0.0001% / 1h | 51m 48s | $34K | — | 20x |
Ondo Perps BRENT-USD.P
Hotstuff BRENTOIL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Ondo Perps. 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
- −$12.26
- Price spread: +0.082% → 0.000%
- $8.19
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$14.08
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Ondo Perps and 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 | −0.934% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.530 | −0.205% | $235K | $416K | 15x | as long as short |
| Hotstuff BRENTOIL-PERPshort | −0.0008% | 1h | 97.810 | +0.082% | $34K | — | 20x | |
| Aster BZUSDT | 0.0000% | 4h | 97.809 | +0.081% | $340K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.803 | +0.075% | $147.8M | $353.6M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.780 | +0.051% | $10.3M | $12.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.790 | +0.061% | $16.2M | $20.0M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.759 | +0.030% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.750 | +0.020% | $9.3M | $10.8M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.800 | +0.072% | $27.9M | $17.4M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.658 | −0.074% | $9.4M | $6.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.670 | −0.061% | $34K | $307K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.810 | +0.082% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.780 | +0.051% | $100K | $251K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.770 | +0.041% | $281K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.770 | +0.041% | $1.2M | $80K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.338 | +0.622% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0013% | 1h | 101.88 | +4.246% | — | $735K | 10x | as long as short |
| BloFin BZ-USDT | +0.0015% | 4h | 97.800 | +0.072% | $1.5M | $98K | 50x | as long as short |
| edgeX BZUSDC | +0.0020% | 4h | 97.655 | −0.077% | $225K | $227K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.800 | +0.072% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.801 | +0.073% | $678K | $3.5M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.800 | +0.071% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.819 | +0.091% | $154.9M | $118.7M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.834 | +0.106% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.Plong | +0.0050% | 1h | 97.730 | long leg | $3.1M | $996K | 15x | |
| Aftermath Perps BRENTUSD | +0.0078% | 1h | 97.728 | −0.002% | $7K | $41K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.810 | +0.082% | $3.8M | $830K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.740 | +0.010% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0158% | 1h | 97.795 | +0.067% | $82K | $208K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.795 | +0.067% | $116K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
gTrade (Gains Network) BRENT/USD
Vest BZ-PERP
BloFin BZ-USDT
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]