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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.020%
Price spread now: Hotstuff against Vest−3.988%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 airdropVest: Active · Hotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Hotstuff is 3.988% cheaper against Vest than usual: you would sell low and buy high (spread −3.988% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$399 on $10k: about 7 months of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BZ-PERP101.550.0024pay 0.0003% / 1h7m 06s$735K10x
ShortHotstuff BRENTOIL-PERP97.5000.0088get 0.0011% / 1h7m 06s$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Vest. 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
$13.49
Price spread: −3.988% → 0.000%
−$398.82
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$392.33
Costs to cover
0.070%
Break-even
210.6 days
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample
Sell Hotstuff no order-book sample
Vest and 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%1h96.536−4.937%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.460−4.028%$237K$443K15xas long as short
BloFin BZ-USDT−0.0021%4h97.500−3.988%$1.5M$97K50xas long as short
Aster BZUSDT0.0000%4h97.475−4.013%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.490−3.998%$147.4M$367.2M100xas long as short
Bybit BZUSDT0.0000%8h97.480−4.008%$10.4M$12.6M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.490−3.998%$16.1M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h97.468−4.019%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.460−4.028%$9.2M$12.2M100xas long as short
Bitget BZUSDT0.0000%4h97.470−4.018%$28.0M$16.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.457−4.031%$9.3M$6.9Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.481−4.007%$26K$314K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.490−3.998%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.480−4.008%$102K$248K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.440−4.047%$280K$267K75xas long as short
Phemex XBRUSDT0.0000%4h97.540−3.949%$1.2M$82K100xas long as short
edgeX BZUSDC+0.0010%4h97.467−4.021%$224K$227K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.039−3.458%as long as short
Vest BZ-PERPlong+0.0024%1h101.55long leg$735K10x
Lighter BRENTOIL+0.0032%1h97.490−3.998%$3.2M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.497−3.991%$680K$3.9M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.483−4.005%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.497−3.991%$153.8M$125.6M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.526−3.963%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.440−4.047%$3.1M$1.0M15xas long as short
Kraken Futures PF_BRENTOILUSD+0.0063%1h97.489−3.999%$82K$208K20xas long as short
Aftermath Perps BRENTUSD+0.0081%1h97.448−4.039%$7K$42K5xas long as short
Hotstuff BRENTOIL-PERPshort+0.0088%1h97.500−3.988%$34K20x
KuCoin BZUSDTM+0.0100%4h97.560−3.929%$3.8M$849K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.490−3.998%$26K$274K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0274% / S −0.1752%1h97.495−3.993%$115K111xas long as short