Funding you earn now, next payment 04:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h −0.034%
Price spread now: Binance against BloFin+0.102%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1351.346% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 3 days (all we have)+0.117%+$12 · spread now +0.102%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.107% dearer against BloFin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.005%. Mind the row above: over the last 7 days funding on this pair cost −0.193%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BRETT-USDT | 0.005891 | 0.0061 | pay 0.0030% / 4h | 3h 38m | $58K | $186K | 50x |
| Short | Binance BRETTUSDT | 0.005897 | 0.0100 | get 0.0050% / 4h | 3h 38m | $1.2M | $2.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $8.21
- Price spread: +0.102% → −0.005%
- $10.73
- Slippage, 4 orders
- −$112.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$115.68
- Costs to cover
- 1.346%
- Break-even
- 105.6 days
Slippage from BloFin: live order book, 26 min ago; Binance: live order book, 11 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 BloFin live order book, 26 min ago | 1.70 bp | 33.5 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.41 bp | 34.8 bp −$35 | 115.1 bp −$1,151 | 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 | 0.005888 | −0.051% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | −0.883% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDTlong | +0.0061% | 4h | 0.005891 | long leg | $58K | $186K | 50x | |
| Binance BRETTUSDTshort | +0.0100% | 4h | 0.005897 | +0.102% | $1.2M | $2.5M | 50x | |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005888 | −0.051% | $2.1M | $1.8M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005901 | +0.170% | $133K | $259K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005884 | −0.119% | $438K | $108K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005898 | +0.119% | $12.6M | $211K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005873 | −0.306% | $310K | $81K | 30x | as long as short |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005888 | −0.051% | $1.4M | $638K | 50x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BRETT-USDT | +0.0100% | 4h | 0.005891 | 0.000% | — | $1.4M | — | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005883 | −0.143% | $59K | $108K | — | as long as short |
| Hyperliquid BRETT | +0.0377% | 1h | 0.005911 | +0.340% | $319K | $253K | 3x | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1043% | 1h | 0.005896 | +0.091% | $48K | $73K | 10x | as long as short |
BloFin BRETT-USDT
Binance BRETTUSDT
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
Bybit BRETTUSDT
OKX BRETT-USDT-SWAP
Gate BRETT_USDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDT
BingX BRETT-USDT
Variational Omni BRETT
Hyperliquid BRETT
Kraken Futures PF_BRETTUSD