Funding you earn now, next payment 00:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.29 per $10,000 · paid last 24h +0.049%
Price spread now: BloFin against Gate+0.394%7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$678as in the Funding arb table
Net, price: spread back to 7d avg − costs−$670as in the Price arb table
costs, in and out, $10k−$6976.973% of the position
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 3 days (all we have)−0.607%−$61 · spread now +0.394%, 7d avg +0.119%
=The price spread pays, funding is against you. BloFin is 0.275% dearer against Gate than usual: you sell high and buy low (spread +0.394% now, against its 7-day average of +0.119%): +$27 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 16 days. Mind the row above: over the last 7 days funding on this pair paid +0.194%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BRETT_USDT | 0.005840 | 0.0100 | pay 0.0050% / 4h | 57m 05s | $436K | $108K | 25x |
| Short | BloFin BRETT-USDT | 0.005863 | 0.0042 | get 0.0021% / 4h | 57m 05s | $57K | $164K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$12.09
- Price spread: +0.394% → +0.119%
- $27.48
- Slippage, 4 orders
- −$670.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$681.92
- Costs to cover
- 6.973%
- Break-even
- never at this rate
Slippage from Gate: live order book, 18 min ago; BloFin: live order book, 12 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 Gate live order book, 18 min ago | 12.95 bp | 310.6 bp −$311 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 12 min ago | 3.45 bp | 32.1 bp −$32 | 111.0 bp −$1,110 | 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 | 0.005845 | +0.086% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | −0.017% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDTshort | +0.0042% | 4h | 0.005863 | +0.394% | $57K | $164K | 50x | |
| Hyperliquid BRETT | +0.0100% | 1h | 0.005860 | +0.342% | $309K | $243K | 3x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005858 | +0.308% | $1.2M | $2.4M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005844 | +0.068% | $2.1M | $1.8M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005840 | 0.000% | $132K | $259K | 10x | as long as short |
| Gate BRETT_USDTlong | +0.0100% | 4h | 0.005840 | long leg | $436K | $108K | 25x | |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005858 | +0.308% | $12.5M | $207K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005847 | +0.120% | $327K | $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 BRETTUSDT | +0.0100% | 4h | 0.005840 | 0.000% | $1.4M | $638K | 50x | as long as short |
| BingX BRETT-USDT | +0.0100% | 4h | 0.005841 | +0.017% | — | $1.4M | — | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005823 | −0.296% | $53K | $102K | — | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1336% | 1h | 0.005860 | +0.336% | $44K | $70K | 10x | as long as short |
Gate BRETT_USDT
BloFin BRETT-USDT
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
Hyperliquid BRETT
Binance BRETTUSDT
Bybit BRETTUSDT
OKX BRETT-USDT-SWAP
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDT
BingX BRETT-USDT
Variational Omni BRETT
Kraken Futures PF_BRETTUSD