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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.006%
Price spread now: SunX against Hotstuff0.000%7-day average · you sell dearer than you buy
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 4 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: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BRENTOIL-PERP97.8200.0128pay 0.0016% / 1h42m 14s$34K20x
ShortSunX BRENTOIL-USDT97.8200get 0.0000% / 4h1h 42m$4K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Hotstuff. 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
−$26.88
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$39.88
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; SunX: live order book, 5 min ago. 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 Hotstuff no order-book sample
Sell SunX live order book, 5 min ago18.41 bp26.3 bp −$2635.0 bp −$350doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BRENT/USDC PERP−0.0220%1h96.817−1.025%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.530−0.296%$235K$416K15xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0057%1h97.720−0.102%$100K$251K15xas long as short
BloFin BZ-USDT−0.0022%4h97.770−0.051%$1.5M$98K50xas long as short
Aster BZUSDT0.0000%4h97.762−0.059%$340K$930K50xas long as short
Binance BZUSDT0.0000%4h97.745−0.077%$147.6M$352.5M100xas long as short
Bybit BZUSDT0.0000%8h97.690−0.133%$10.1M$12.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.730−0.092%$16.1M$19.9M50xas long as short
RISEx BZ/USDC0.0000%1h97.789−0.032%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.690−0.133%$9.3M$10.9M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h97.750−0.072%$28.0M$17.4M100xas long as short
Variational Omni BZ0.0000%4h97.738−0.084%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.800−0.020%$27K$315K25xas long as short
SunX BRENTOIL-USDTshort0.0000%4h97.8200.000%$4K$2.4M20x
HTX BRENTOIL-USDT0.0000%4h97.760−0.061%$281K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.790−0.031%$1.2M$87K100xas long as short
edgeX BZUSDC+0.0001%4h97.792−0.028%$225K$229K20xas long as short
Vest BZ-PERP+0.0011%1h101.90+4.171%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.319+0.510%as long as short
Lighter BRENTOIL+0.0032%1h97.740−0.082%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.737−0.085%$682K$3.4M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.795−0.026%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.778−0.043%$155.0M$119.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.833+0.013%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.760−0.061%$3.1M$1.0M15xas long as short
Aftermath Perps BRENTUSD+0.0085%1h97.826+0.006%$7K$41K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.770−0.051%$3.8M$825K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.840+0.020%$26K$273K50xas long as short
Hotstuff BRENTOIL-PERPlong+0.0128%1h97.820long leg$34K20x
Kraken Futures PF_BRENTOILUSD+0.0158%1h97.786−0.035%$82K$208K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.765−0.056%$116K111xas long as short