BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0232%/8h= +25.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.030%

Price spread now: Hotstuff against Coinbase International+0.062%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Hotstuff

What this pair did over the last

the charts below follow

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 airdropHotstuff: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hotstuff is 0.062% dearer against Coinbase International than usual: you sell high and buy low: +$6 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	Coinbase International BRENTOIL-PERP-INTX	97.270	−0.0088	get 0.0011% / 1h	48m 05s	$233K	$439K	15x
Short	Hotstuff BRENTOIL-PERP	97.330	0.0144	get 0.0018% / 1h	48m 05s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee HotstuffbpOrdersPrice spread, now +0.062%Rate

Funding earned: $48.72
Price spread: +0.062% → 0.000%: $6.17
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $39.89
Costs to cover: 0.150%
Break-even: 1.3 days

Slippage unknown: Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago	1.54 bp	6.9 bp −$7	9.7 bp −$97	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 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	96.333	−0.963%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTXlong	−0.0088%	1h	97.270	long leg	$233K	$439K	15x
Aster BZUSDT	0.0000%	4h	97.450	+0.185%	$339K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.410	+0.144%	$147.7M	$368.7M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.390	+0.123%	$10.4M	$12.7M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.410	+0.144%	$16.0M	$20.4M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.419	+0.154%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.370	+0.103%	$9.2M	$12.1M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.420	+0.154%	$27.9M	$16.7M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.258	−0.012%	$9.4M	$6.8M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	97.183	−0.089%	$29K	$346K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.460	+0.195%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.420	+0.154%	$104K	$240K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.160	−0.113%	$279K	$267K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.410	+0.144%	$1.2M	$84K	100x	as long as short
edgeX BZUSDC	+0.0011%	4h	97.161	−0.112%	$223K	$227K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.980	+0.730%	—	—	—	as long as short
BloFin BZ-USDT	+0.0013%	4h	97.360	+0.093%	$1.5M	$92K	50x	as long as short
Vest BZ-PERP	+0.0030%	1h	101.45	+4.297%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.400	+0.134%	$3.2M	$4.7M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.411	+0.145%	$679K	$4.2M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.416	+0.150%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.446	+0.181%	$153.7M	$126.2M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.483	+0.219%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.300	+0.031%	$3.1M	$1.0M	15x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0063%	1h	97.429	+0.164%	$82K	$208K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.480	+0.216%	$3.8M	$868K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.230	−0.041%	$25K	$274K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0108%	1h	97.254	−0.017%	$7K	$43K	5x	as long as short
Hotstuff BRENTOIL-PERPshort	+0.0144%	1h	97.330	+0.062%	$34K	—	20x
GMX BRENTOIL/USD [ETH-USDC]	L +0.0232% / S −0.0280%	1h	97.425	+0.159%	$127K	—	111x	as long as short