Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h +0.049%
Price spread now: BloFin against Bitget+0.205%85s7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1321.320% of the position
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 3 days (all we have)−0.248%−$25 · spread now +0.205%, 7d avg +0.142%
=The price spread pays, funding is against you. BloFin is 0.063% dearer against Bitget than usual: you sell high and buy low (spread +0.205% now, against its 7-day average of +0.142%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.194%, so the current rate has only just turned against you. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BRETTUSDT | 0.005840 | 0.0100 | pay 0.0050% / 4h | 7m 52s | $1.4M | $641K | 50x |
| Short | BloFin BRETT-USDT | 0.005852 | 0.0048 | get 0.0024% / 4h | 7m 52s | $57K | $177K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.94
- Price spread: +0.205% → +0.142%
- $6.32
- Slippage, 4 orders
- −$107.99
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$136.6
- Costs to cover
- 1.320%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 61 min ago.
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 Bitget live order book, 4 min ago | 6.01 bp | 32.7 bp −$33 | 256.1 bp −$2,561 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 61 min ago | 3.45 bp | 32.1 bp −$32 | 111.0 bp −$1,110 | doesn't fit | doesn't fit |
BRETT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BRETT/USD [ETH-USDC] | L 0.0000% / S 0.0000% | 1h | 0.005842 | +0.034% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | −0.017% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDTshort | +0.0048% | 4h | 0.005852 | +0.205% | $57K | $177K | 50x | |
| Hyperliquid BRETT | +0.0100% | 1h | 0.005857 | +0.291% | $309K | $249K | 3x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005856 | +0.274% | $1.2M | $2.5M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005847 | +0.120% | $2.1M | $1.8M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005851 | +0.188% | $132K | $259K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005841 | +0.017% | $437K | $109K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005856 | +0.274% | $12.5M | $210K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005838 | −0.034% | $313K | $79K | 30x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BRETTUSDTlong | +0.0100% | 4h | 0.005840 | long leg | $1.4M | $641K | 50x | |
| BingX BRETT-USDT | +0.0100% | 4h | 0.005850 | +0.171% | — | $1.4M | — | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005832 | −0.134% | $59K | $108K | — | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1341% | 1h | 0.005838 | −0.029% | $46K | $71K | 10x | as long as short |
Bitget BRETTUSDT
BloFin BRETT-USDT
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
Hyperliquid BRETT
Binance BRETTUSDT
Bybit BRETTUSDT
OKX BRETT-USDT-SWAP
Gate BRETT_USDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
BingX BRETT-USDT
Variational Omni BRETT
Kraken Futures PF_BRETTUSD