BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.025%

Price spread now: BloFin against MEXC+0.084%94s7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1211.206% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.198%+$20 on $10k

Price spread, last 4 days (all we have)−0.531%−$53 · spread now +0.084%, 7d avg −0.011%

Together, before fees−0.332%−$33 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.095% dearer against MEXC than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of −0.011%): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 32 days. Mind the row above: over the last 7 days funding on this pair paid +0.198%, so the current rate has only just turned against you. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BRETT_USDT	0.005958	0.0100	pay 0.0050% / 4h	3h 53m	$12.7M	$205K	200x
Short	BloFin BRETT-USDT	0.005963	0.0090	get 0.0045% / 4h	3h 53m	$58K	$195K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.084%Rate

Funding earned: −$2.06
Price spread: +0.084% → −0.011%: $9.48
Slippage, 4 orders: −$108.56
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$113.14
Costs to cover: 1.206%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 37 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 MEXC live order book, 5 min ago	0.84 bp	22.6 bp −$23	181.7 bp −$1,817	282.3 bp −$28.2K	299.3 bp −$149.7K
Sell BloFin live order book, 37 min ago	11.90 bp	42.0 bp −$42	124.4 bp −$1,244	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	0.005938	−0.336%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−1.997%	$61	$854	5.5x	as long as short
BloFin BRETT-USDTshort	+0.0090%	4h	0.005963	+0.084%	$58K	$195K	50x
Hyperliquid BRETT	+0.0100%	1h	0.005970	+0.201%	$324K	$260K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005964	+0.106%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005956	−0.034%	$2.2M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005960	+0.034%	$139K	$281K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005944	−0.235%	$430K	$108K	25x	as long as short
MEXC BRETT_USDTlong	+0.0100%	4h	0.005958	long leg	$12.7M	$205K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005954	−0.067%	$292K	$104K	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	0.005946	−0.201%	$1.4M	$576K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005960	+0.034%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005936	−0.362%	$43K	$104K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.0634%	1h	0.005956	−0.042%	$45K	$80K	10x	as long as short