BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.049%

Price spread now: Bybit against BloFin+0.257%7-day average −0.118% · you sell dearer than you buy

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$1191.191% of the position

Long on BloFin Short on Bybit

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)−0.156%−$16 · spread now +0.257%, 7d avg −0.118%

Together, before fees−0.350%−$35 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.375% dearer against BloFin than usual: you sell high and buy low (spread +0.257% now, against its 7-day average of −0.118%): +$38 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BRETT-USDT	0.005840	0.0158	pay 0.0079% / 4h	4m 48s	$57K	$177K	50x
Short	Bybit BRETTUSDT	0.005855	0.0100	get 0.0050% / 4h	4m 48s	$2.1M	$1.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now +0.257%Rate

Funding earned: −$12.25
Price spread: +0.257% → −0.118%: $37.52
Slippage, 4 orders: −$96.06
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$93.8
Costs to cover: 1.191%
Break-even: never at this rate

Slippage from BloFin: live order book, 64 min ago; Bybit: live order book, 2 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, 64 min ago	3.45 bp	26.4 bp −$26	122.9 bp −$1,229	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	5.99 bp	27.1 bp −$27	136.3 bp −$1,363	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	0.005838	−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
Hyperliquid BRETT	+0.0100%	1h	0.005879	+0.668%	$310K	$249K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005867	+0.455%	$1.2M	$2.5M	50x	as long as short
Bybit BRETTUSDTshort	+0.0100%	4h	0.005855	+0.257%	$2.1M	$1.8M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005878	+0.651%	$133K	$261K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005850	+0.171%	$435K	$110K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005864	+0.411%	$12.5M	$211K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005848	+0.137%	$314K	$79K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005852	+0.205%	$1.4M	$644K	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	0.005856	+0.274%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005836	−0.073%	$59K	$108K	—	as long as short
BloFin BRETT-USDTlong	+0.0158%	4h	0.005840	long leg	$57K	$177K	50x
Kraken Futures PF_BRETTUSD	+0.1341%	1h	0.005839	−0.020%	$46K	$71K	10x	as long as short