Funding you earn now, next payment 04:00 UTC+0.0045%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.008%
Price spread now: BingX against BloFin+0.451%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1801.803% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.451%, 7d avg −0.047%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.498% dearer against BloFin than usual: you sell high and buy low: +$50 more if the spread goes back to its 7-day average of −0.047%. Mind the row above: over the last 7 days funding on this pair cost −0.164%, 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 | 0.005761 | 0.0055 | pay 0.0027% / 4h | 49m 13s | $57K | $186K | 50x |
| Short | BingX BRETT-USDT | 0.005787 | 0.0100 | get 0.0050% / 4h | 49m 13s | — | $1.4M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $9.53
- Price spread: +0.451% → −0.047%
- $49.84
- Slippage, 4 orders
- −$158.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$120.92
- Costs to cover
- 1.803%
- Break-even
- 95.8 days
Slippage from BloFin: live order book, 48 min ago; BingX: 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, 48 min ago | 5.16 bp | 42.6 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 9.47 bp | 43.3 bp −$43 | 110.4 bp −$1,104 | 571.3 bp −$57.1K | 890.2 bp −$445.1K |
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 | 0.005767 | +0.104% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +1.354% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDTlong | +0.0055% | 4h | 0.005761 | long leg | $57K | $186K | 50x | |
| Hyperliquid BRETT | +0.0100% | 1h | 0.005786 | +0.434% | $313K | $259K | 3x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005779 | +0.319% | $1.2M | $2.6M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005775 | +0.243% | $2.1M | $1.9M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005780 | +0.330% | $132K | $267K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005781 | +0.347% | $429K | $105K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005781 | +0.347% | $12.3M | $203K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005795 | +0.590% | $306K | $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 BRETTUSDT | +0.0100% | 4h | 0.005765 | +0.069% | $1.3M | $579K | 50x | as long as short |
| BingX BRETT-USDTshort | +0.0100% | 4h | 0.005787 | +0.451% | — | $1.4M | — | |
| Variational Omni BRETT | +0.0100% | 4h | 0.005788 | +0.468% | $42K | $104K | — | as long as short |
| Kraken Futures PF_BRETTUSD | +0.0624% | 1h | 0.005775 | +0.237% | $43K | $76K | 10x | as long as short |
BloFin BRETT-USDT
BingX 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
Bitget BRETTUSDT
Variational Omni BRETT
Kraken Futures PF_BRETTUSD