Funding you earn now, next payment 00:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.11 per $10,000 · paid last 24h −0.049%
Price spread now: Bitget against BloFin−0.362%45s7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as 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−$1571.573% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 3 days (all we have)+0.464%+$46 · spread now −0.362%, 7d avg −0.147%
=Funding pays, the price is against you. Bitget is 0.215% cheaper against BloFin than usual: you would sell low and buy high (spread −0.362% now, against its 7-day average of −0.147%). If the spread goes back, that is −$21 on $10k: about 34 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.194%, so the current rate has only just turned in your favour. The two prices were read 45 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 | BloFin BRETT-USDT | 0.005809 | 0.0079 | pay 0.0039% / 4h | 1h 12m | $57K | $162K | 50x |
| Short | Bitget BRETTUSDT | 0.005788 | 0.0100 | get 0.0050% / 4h | 1h 12m | $1.4M | $631K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $4.43
- Price spread: −0.362% → −0.147%
- −$21.49
- Slippage, 4 orders
- −$133.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$174.38
- Costs to cover
- 1.573%
- Break-even
- 282.3 days
Slippage from BloFin: live order book, 62 min ago; Bitget: live order book, 4 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, 62 min ago | 12.82 bp | 37.8 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 7.78 bp | 50.5 bp −$51 | 243.1 bp −$2,431 | 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 | 0.005784 | −0.430% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +0.516% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDTlong | +0.0079% | 4h | 0.005809 | long leg | $57K | $162K | 50x | |
| Hyperliquid BRETT | +0.0100% | 1h | 0.005801 | −0.138% | $307K | $242K | 3x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005802 | −0.128% | $1.2M | $2.4M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005787 | −0.379% | $2.1M | $1.8M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005801 | −0.138% | $131K | $258K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005792 | −0.293% | $432K | $109K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005801 | −0.138% | $12.4M | $210K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005792 | −0.293% | $325K | $74K | 30x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BRETTUSDTshort | +0.0100% | 4h | 0.005788 | −0.362% | $1.4M | $631K | 50x | |
| BingX BRETT-USDT | +0.0100% | 4h | 0.005795 | −0.241% | — | $1.4M | — | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005780 | −0.494% | $52K | $102K | — | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1400% | 1h | 0.005797 | −0.210% | $44K | $70K | 10x | as long as short |
BloFin BRETT-USDT
Bitget BRETTUSDT
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