Funding you earn now, next payment 10:00 UTC+0.0441%/8h= +48.3% APRnext payment +$0.55 per $10,000 · paid last 24h +0.010%
Price spread now: Hotstuff against RISEx+0.070%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
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Hotstuff is 0.070% dearer against RISEx than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx BZ/USDC | 95.124 | −0.0289 | get 0.0036% / 1h | 11m 23s | $2.3M | $1.9M | 20x |
| Short | Hotstuff BRENTOIL-PERP | 95.190 | 0.0152 | get 0.0019% / 1h | 11m 23s | $33K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against RISEx. 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
- $92.65
- Price spread: +0.070% → 0.000%
- $6.95
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- $88.6
- Costs to cover
- 0.110%
- Break-even
- 0.3 days
Slippage unknown: RISEx: live order book, 1 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy RISEx live order book, 1 min ago | 0.47 bp | 3.5 bp −$3 | 5.5 bp −$55 | doesn't fit | doesn'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 31 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0485% | 1h | 95.140 | +0.017% | $61K | $308K | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.0339% | 1h | 95.221 | +0.102% | $94K | $246K | 20x | as long as short |
| RISEx BZ/USDClong | −0.0289% | 1h | 95.124 | long leg | $2.3M | $1.9M | 20x | |
| Coinbase International BRENTOIL-PERP-INTX | −0.0080% | 1h | 95.420 | +0.311% | $270K | $647K | 15x | as long as short |
| GRVT BZ_USDT_Perp | −0.0044% | 4h | 95.382 | +0.272% | $14K | $312K | 25x | as long as short |
| Bybit BZUSDT | −0.0013% | 8h | 95.210 | +0.091% | $10.1M | $15.5M | 100x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 95.274 | +0.157% | $329K | $700K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 95.220 | +0.101% | $146.6M | $420.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 95.200 | +0.080% | $16.2M | $24.9M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 95.180 | +0.059% | $9.1M | $12.6M | 100x | as long as short |
Show all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDT | 0.0000% | 4h | 95.200 | +0.080% | $27.9M | $25.9M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 95.295 | +0.179% | $9.2M | $6.5M | — | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 95.340 | +0.227% | $4K | $1.8M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 95.380 | +0.269% | $273K | $260K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 95.250 | +0.133% | $1.2M | $81K | 100x | as long as short |
| edgeX BZUSDC | +0.0003% | 4h | 95.311 | +0.197% | $219K | $232K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 95.736 | +0.644% | — | — | — | as long as short |
| Ondo Perps BRENT-USD.P | +0.0012% | 1h | 95.110 | −0.015% | $3.1M | $1.1M | 15x | as long as short |
| Vest BZ-PERP | +0.0019% | 1h | 98.840 | +3.907% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 95.180 | +0.059% | $3.5M | $5.5M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 95.194 | +0.074% | $677K | $3.3M | 10x | as long as short |
| Injective BRENT/USDC PERP | +0.0033% | 1h | 94.836 | −0.303% | $8K | $7K | 30x | as long as short |
| Aftermath Perps BRENTUSD | +0.0037% | 1h | 95.381 | +0.270% | $7K | $38K | 5x | as long as short |
| Paradex BZ-USD-PERP | +0.0041% | 8h | 95.136 | +0.013% | $1K | $2K | 5x | as long as short |
| BloFin BZ-USDT | +0.0043% | 4h | 95.430 | +0.322% | $1.6M | $109K | 50x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 95.230 | +0.112% | $145.8M | $141.3M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 95.105 | −0.020% | $1.6M | $391K | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 95.240 | +0.122% | $3.4M | $1.1M | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 95.300 | +0.185% | $25K | $274K | 50x | as long as short |
| Hotstuff BRENTOIL-PERPshort | +0.0152% | 1h | 95.190 | +0.070% | $33K | — | 20x | |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0184% / S −0.0707% | 1h | 95.225 | +0.106% | $33K | — | 111x | as long as short |
RISEx BZ/USDC
Deribit BRENTOIL_USDC-PERPETUAL
Kraken Futures PF_BRENTOILUSD
Coinbase International BRENTOIL-PERP-INTX
GRVT BZ_USDT_Perp
Bybit BZUSDT
Aster BZUSDT
Binance BZUSDT
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Injective BRENT/USDC PERP
Aftermath Perps BRENTUSD
Paradex BZ-USD-PERP
BloFin BZ-USDT
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]