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

BRETT

all BRETT markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$1571.573% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.269%+$27 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BRETT-USDT0.0058090.0079pay 0.0039% / 4h1h 12m$57K$162K50x
ShortBitget BRETTUSDT0.0057880.0100get 0.0050% / 4h1h 12m$1.4M$631K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 62 min ago12.82 bp37.8 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago7.78 bp50.5 bp −$51243.1 bp −$2,431doesn'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%1h0.005784−0.430%100xas long as short
Injective BRETT/USDC PERP+0.0033%1h0.005839+0.516%$61$8545.5xas long as short
BloFin BRETT-USDTlong+0.0079%4h0.005809long leg$57K$162K50x
Hyperliquid BRETT+0.0100%1h0.005801−0.138%$307K$242K3xas long as short
Binance BRETTUSDT+0.0100%4h0.005802−0.128%$1.2M$2.4M50xas long as short
Bybit BRETTUSDT+0.0100%4h0.005787−0.379%$2.1M$1.8M25xas long as short
OKX BRETT-USDT-SWAP+0.0100%4h0.005801−0.138%$131K$258K10xas long as short
Gate BRETT_USDT+0.0100%4h0.005792−0.293%$432K$109K25xas long as short
MEXC BRETT_USDT+0.0100%4h0.005801−0.138%$12.4M$210K200xas long as short
KuCoin BRETTUSDTM+0.0100%4h0.005792−0.293%$325K$74K30xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BRETTUSDTshort+0.0100%4h0.005788−0.362%$1.4M$631K50x
BingX BRETT-USDT+0.0100%4h0.005795−0.241%$1.4Mas long as short
Variational Omni BRETT+0.0100%4h0.005780−0.494%$52K$102Kas long as short
Kraken Futures PF_BRETTUSD+0.1400%1h0.005797−0.210%$44K$70K10xas long as short