Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.020%

Price spread now: BloFin against Injective+1.473%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 1.473% dearer against Injective than usual: you sell high and buy low: +$147 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective BRETT/USDC PERP	0.005839	0.0033	pay 0.0004% / 1h	9m 26s	$61	$854	5.5x
Short	BloFin BRETT-USDT	0.005925	0.0051	get 0.0025% / 4h	3h 09m	$59K	$209K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Injective. 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 InjectivebpFee BloFinbpOrdersPrice spread, now +1.473%Rate

Funding earned: $3.62
Price spread: +1.473% → 0.000%: $147.29
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee BloFin: 6 bp × 2 orders: −$12
Net: $138.89
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; BloFin: live order book, 11 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell BloFin live order book, 11 min ago	6.74 bp	39.8 bp −$40	115.9 bp −$1,159	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.005892	+0.908%	—	—	100x	as long as short
Injective BRETT/USDC PERPlong	+0.0033%	1h	0.005839	long leg	$61	$854	5.5x
BloFin BRETT-USDTshort	+0.0051%	4h	0.005925	+1.473%	$59K	$209K	50x
Binance BRETTUSDT	+0.0100%	4h	0.005906	+1.146%	$1.2M	$2.7M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005903	+1.096%	$2.1M	$2.0M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005917	+1.336%	$150K	$301K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005905	+1.130%	$427K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005910	+1.216%	$12.6M	$210K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005928	+1.524%	$290K	$105K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005908	+1.182%	$1.4M	$584K	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	0.005903	+1.096%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005910	+1.214%	$44K	$105K	—	as long as short
Hyperliquid BRETT	+0.0279%	1h	0.005920	+1.387%	$322K	$269K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.0638%	1h	0.005914	+1.288%	$45K	$77K	10x	as long as short