BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.034%

Price spread now: BloFin against Bybit+0.406%7-day average +0.123% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1351.351% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.193%+$19 on $10k

Price spread, last 3 days (all we have)−0.475%−$47 · spread now +0.406%, 7d avg +0.123%

Together, before fees−0.282%−$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.283% dearer against Bybit than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.123%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BRETTUSDT	0.005914	0.0100	pay 0.0050% / 4h	3h 10m	$2.1M	$1.8M	25x
Short	BloFin BRETT-USDT	0.005938	0.0107	get 0.0054% / 4h	3h 10m	$58K	$187K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.406%Rate

Funding earned: $1.48
Price spread: +0.406% → +0.123%: $28.33
Slippage, 4 orders: −$112.07
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$105.26
Costs to cover: 1.351%
Break-even: 506.2 days

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 54 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 Bybit live order book, 1 min ago	5.06 bp	33.5 bp −$33	145.4 bp −$1,454	doesn't fit	doesn't fit
Sell BloFin live order book, 54 min ago	1.70 bp	30.9 bp −$31	118.8 bp −$1,188	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	0.005908	−0.101%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−1.268%	$61	$854	5.5x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005930	+0.263%	$1.2M	$2.5M	50x	as long as short
Bybit BRETTUSDTlong	+0.0100%	4h	0.005914	long leg	$2.1M	$1.8M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005923	+0.152%	$134K	$263K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005922	+0.135%	$439K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005929	+0.254%	$12.7M	$213K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005920	+0.101%	$317K	$85K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005918	+0.068%	$1.4M	$636K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005927	+0.220%	—	$1.4M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005916	+0.026%	$44K	$114K	—	as long as short
BloFin BRETT-USDTshort	+0.0107%	4h	0.005938	+0.406%	$58K	$187K	50x
Hyperliquid BRETT	+0.0363%	1h	0.005940	+0.440%	$322K	$254K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.1039%	1h	0.005919	+0.092%	$48K	$73K	10x	as long as short