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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0378%/8h= −41.4% APRnext payment $0.47 per $10,000 · paid last 24h −0.008%
Price spread now: Hotstuff against Polymarket Perps−0.007%7-day average · you buy dearer than you sell
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: −$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps BRENTOIL-USD96.1570.0050pay 0.0006% / 1h40m 26s$1.5M$529K20x
ShortHotstuff BRENTOIL-PERP96.150−0.0328pay 0.0041% / 1h40m 26s$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Polymarket Perps. 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
−$79.38
Price spread: −0.007% → 0.000%
−$0.73
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$93.11
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 3 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 3 min ago2.34 bp6.3 bp −$67.6 bp −$7618.0 bp −$1,797doesn't fit
Sell Hotstuff no order-book sample
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 30 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
GMX BRENTOIL/USD [ETH-USDC]L −0.0848% / S +0.0467%1h96.075−0.085%$120K111xas long as short
Hotstuff BRENTOIL-PERPshort−0.0328%1h96.150−0.007%$33K20x
Injective BRENT/USDC PERP−0.0220%1h95.369−0.819%$8K$7K30xas long as short
tradeXYZ xyz:BRENTOIL−0.0126%1h96.1570.000%$149.7M$145.0M20xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0040%1h96.070−0.090%$232K$577K15xas long as short
RISEx BZ/USDC−0.0020%1h96.108−0.051%$2.2M$1.3M20xas long as short
Binance BZUSDT−0.0017%4h96.130−0.028%$145.9M$467.1M100xas long as short
GRVT BZ_USDT_Perp−0.0012%4h96.060−0.101%$34K$375K25xas long as short
BloFin BZ-USDT−0.0002%4h96.090−0.070%$1.5M$95K50xas long as short
Aster BZUSDT0.0000%4h96.120−0.038%$334K$1.4M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BZUSDT0.0000%8h96.110−0.049%$10.4M$16.0M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.110−0.049%$15.9M$26.8M50xas long as short
Gate BZ_USDT0.0000%8h96.080−0.080%$9.2M$16.3M100xas long as short
Bitget BZUSDT0.0000%4h96.120−0.038%$27.4M$20.9M100xas long as short
Variational Omni BZ0.0000%4h95.963−0.202%$9.3M$7.9Mas long as short
SunX BRENTOIL-USDT0.0000%4h96.100−0.059%$4K$2.7M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.110−0.049%$103K$278K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.030−0.132%$306K$249K75xas long as short
Phemex XBRUSDT0.0000%4h96.130−0.028%$1.2M$96K100xas long as short
edgeX BZUSDC+0.0003%4h95.988−0.176%$220K$234K20xas long as short
Paradex BZ-USD-PERP+0.0012%8h96.120−0.039%$3K$5215xas long as short
Lighter BRENTOIL+0.0032%1h96.090−0.070%$3.3M$4.3M20xas long as short
Aftermath Perps BRENTUSD+0.0034%1h96.128−0.031%$6K$45K5xas long as short
Vest BZ-PERP+0.0046%1h99.740+3.726%$735K10xas long as short
Polymarket Perps BRENTOIL-USDlong+0.0050%1h96.157long leg$1.5M$529K20x
Ondo Perps BRENT-USD.P+0.0050%1h96.040−0.122%$3.0M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h96.100−0.059%$3.8M$989K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.130−0.028%$25K$271K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h96.136−0.022%$81K$235K20xas long as short
Extended XBR-USD+0.0128%1h96.014−0.149%$671K$5.2M10xas long as short