BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h −0.008%

Price spread now: Hotstuff against Extended−0.107%7-day average — · you buy dearer than you sell

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

Long on Extended 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 airdropExtended: Active · Hotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.107% cheaper against Extended than usual: you would sell low and buy high (spread −0.107% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.2 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XBR-USD	97.434	0.0032	pay 0.0004% / 1h	48m 06s	$679K	$4.2M	10x
Short	Hotstuff BRENTOIL-PERP	97.330	0.0144	get 0.0018% / 1h	48m 06s	$34K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Extended. 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 ExtendedbpFee HotstuffbpOrdersPrice spread, now −0.107%Rate

Funding earned: $23.52
Price spread: −0.107% → 0.000%: −$10.67
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $2.85
Costs to cover: 0.100%
Break-even: 6.2 days

Slippage unknown: Extended: live order book, 6 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 Extended live order book, 6 min ago	1.18 bp	4.1 bp −$4	15.6 bp −$156	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	−1.130%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0088%	1h	97.270	−0.168%	$233K	$439K	15x	as long as short
Aster BZUSDT	0.0000%	4h	97.450	+0.016%	$339K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.423	−0.011%	$147.7M	$368.7M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.400	−0.035%	$10.4M	$12.7M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.430	−0.004%	$16.0M	$20.4M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.419	−0.015%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.370	−0.066%	$9.2M	$12.1M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.430	−0.004%	$27.9M	$16.7M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.258	−0.181%	$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	−0.258%	$29K	$346K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.460	+0.027%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.420	−0.014%	$104K	$240K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.160	−0.281%	$279K	$267K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.410	−0.025%	$1.2M	$84K	100x	as long as short
edgeX BZUSDC	+0.0011%	4h	97.161	−0.280%	$223K	$227K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.980	+0.560%	—	—	—	as long as short
BloFin BZ-USDT	+0.0013%	4h	97.360	−0.076%	$1.5M	$92K	50x	as long as short
Vest BZ-PERP	+0.0030%	1h	101.45	+4.122%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.400	−0.035%	$3.2M	$4.7M	20x	as long as short
Extended XBR-USDlong	+0.0032%	1h	97.434	long leg	$679K	$4.2M	10x
Paradex BZ-USD-PERP	+0.0050%	8h	97.416	−0.018%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.446	+0.012%	$153.7M	$126.2M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.483	+0.050%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.300	−0.137%	$3.1M	$1.0M	15x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0063%	1h	97.429	−0.005%	$82K	$208K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.480	+0.047%	$3.8M	$868K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.230	−0.209%	$25K	$274K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0108%	1h	97.254	−0.185%	$7K	$43K	5x	as long as short
Hotstuff BRENTOIL-PERPshort	+0.0144%	1h	97.330	−0.107%	$34K	—	20x
GMX BRENTOIL/USD [ETH-USDC]	L +0.0232% / S −0.0280%	1h	97.425	−0.009%	$127K	—	111x	as long as short