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

BRETT

all BRETT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against Binance+0.186%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1371.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.198%+$20 on $10k
Price spread, last 4 days (all we have)−0.405%−$40 · spread now +0.186%, 7d avg −0.020%
Together, before fees−0.206%−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.206% dearer against Binance than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BRETTUSDT0.0058220.0100pay 0.0050% / 4h1h 36m$1.2M$2.9M50x
ShortBloFin BRETT-USDT0.0058330.0106get 0.0053% / 4h1h 36m$57K$209K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$1.21
Price spread: +0.186% → −0.020%
$20.6
Slippage, 4 orders
−$114.71
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$114.9
Costs to cover
1.367%
Break-even
674.2 days
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago4.28 bp34.8 bp −$35177.6 bp −$1,776doesn't fitdoesn't fit
Sell BloFin live order book, 39 min ago5.19 bp33.4 bp −$33126.8 bp −$1,268doesn't fitdoesn't fit

BRETT on 14 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
GMX BRETT/USD [ETH-USDC]L 0.0000% / S 0.0000%1h0.005823+0.014%100xas long as short
Injective BRETT/USDC PERP+0.0033%1h0.005839+0.289%$61$8545.5xas long as short
Hyperliquid BRETT+0.0100%1h0.005836+0.237%$313K$281K3xas long as short
Binance BRETTUSDTlong+0.0100%4h0.005822long leg$1.2M$2.9M50x
Bybit BRETTUSDT+0.0100%4h0.005820−0.037%$2.1M$2.1M25xas long as short
Gate BRETT_USDT+0.0100%4h0.005824+0.031%$421K$112K25xas long as short
MEXC BRETT_USDT+0.0100%4h0.005830+0.134%$12.3M$232K200xas long as short
KuCoin BRETTUSDTM+0.0100%4h0.005843+0.358%$278K$113K30xas long as short
Bitget BRETTUSDT+0.0100%4h0.005819−0.055%$1.4M$613K50xas long as short
Variational Omni BRETT+0.0100%4h0.005828+0.108%$43K$105Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BRETT-USDTshort+0.0106%4h0.005833+0.186%$57K$209K50x
BingX BRETT-USDT+0.0452%4h0.005826+0.066%$1.4Mas long as short
OKX BRETT-USDT-SWAP+0.0495%4h0.005832+0.169%$146K$368K10xas long as short
Kraken Futures PF_BRETTUSD+0.1215%1h0.005829+0.124%$40K$91K10xas long as short