Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against Binance+0.492%61s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as 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−$1241.235% of the position
Funding, last 7 days+0.198%+$20 on $10k
+Price spread, last 4 days (all we have)−0.677%−$68 · spread now +0.492%, 7d avg −0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.513% dearer against Binance than usual: you sell high and buy low, +$51 on $10k if it goes back to its 7-day average of −0.021%. The two prices were read 61 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 | Binance BRETTUSDT | 0.005819 | 0.0100 | pay 0.0050% / 4h | 12m 10s | $1.2M | $3.0M | 50x |
| Short | BloFin BRETT-USDT | 0.005848 | 0.0096 | get 0.0048% / 4h | 12m 10s | $57K | $207K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$0.88
- Price spread: +0.492% → −0.021%
- $51.33
- Slippage, 4 orders
- −$101.54
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$73.09
- Costs to cover
- 1.235%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 59 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 Binance live order book, 8 min ago | 2.58 bp | 30.6 bp −$31 | 155.1 bp −$1,551 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 59 min ago | 8.56 bp | 33.2 bp −$33 | 103.7 bp −$1,037 | 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 | 0.005813 | −0.109% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +0.338% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDTshort | +0.0096% | 4h | 0.005848 | +0.492% | $57K | $207K | 50x | |
| Binance BRETTUSDTlong | +0.0100% | 4h | 0.005819 | long leg | $1.2M | $3.0M | 50x | |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005824 | +0.080% | $2.2M | $2.3M | 25x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005816 | −0.058% | $422K | $111K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005820 | +0.011% | $12.3M | $236K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005827 | +0.131% | $280K | $118K | 30x | as long as short |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005821 | +0.028% | $1.4M | $607K | 50x | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005803 | −0.288% | $43K | $105K | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BRETT | +0.0238% | 1h | 0.005819 | −0.006% | $315K | $290K | 3x | as long as short |
| BingX BRETT-USDT | +0.0594% | 4h | 0.005822 | +0.046% | — | $1.4M | — | as long as short |
| OKX BRETT-USDT-SWAP | +0.0628% | 4h | 0.005820 | +0.011% | $148K | $406K | 10x | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1298% | 1h | 0.005816 | −0.055% | $39K | $105K | 10x | as long as short |
Binance BRETTUSDT
BloFin BRETT-USDT
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
Bybit BRETTUSDT
Gate BRETT_USDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDT
Variational Omni BRETT
Hyperliquid BRETT
BingX BRETT-USDT
OKX BRETT-USDT-SWAP
Kraken Futures PF_BRETTUSD