Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.021%
Price spread now: BloFin against BingX+0.241%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1261.256% of the position
Funding, last 7 days+0.165%+$16 on $10k
+Price spread, last 3 days (all we have)−0.500%−$50 · spread now +0.241%, 7d avg +0.058%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.183% dearer against BingX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BRETT-USDT | 0.005798 | 0.0100 | pay 0.0050% / 4h | 1h 06m | — | $1.4M | — |
| Short | BloFin BRETT-USDT | 0.005812 | 0.0135 | get 0.0068% / 4h | 1h 06m | $57K | $163K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $7.44
- Price spread: +0.241% → +0.058%
- $18.34
- Slippage, 4 orders
- −$103.61
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$99.83
- Costs to cover
- 1.256%
- Break-even
- 101.0 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 3 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 BingX live order book, 4 min ago | 8.63 bp | 35.5 bp −$35 | 108.7 bp −$1,087 | 636.2 bp −$63.6K | 946.8 bp −$473.4K |
| Sell BloFin live order book, 3 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 | 0.005797 | −0.017% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +0.707% | $61 | $854 | 5.5x | as long as short |
| Hyperliquid BRETT | +0.0100% | 1h | 0.005818 | +0.345% | $307K | $243K | 3x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005816 | +0.308% | $1.2M | $2.4M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005803 | +0.086% | $2.1M | $1.8M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005814 | +0.276% | $131K | $257K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005800 | +0.034% | $433K | $109K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005815 | +0.293% | $12.4M | $210K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005797 | −0.017% | $325K | $74K | 30x | as long as short |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005800 | +0.034% | $1.4M | $630K | 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-USDTlong | +0.0100% | 4h | 0.005798 | long leg | — | $1.4M | — | |
| Variational Omni BRETT | +0.0100% | 4h | 0.005793 | −0.091% | $52K | $102K | — | as long as short |
| BloFin BRETT-USDTshort | +0.0135% | 4h | 0.005812 | +0.241% | $57K | $163K | 50x | |
| Kraken Futures PF_BRETTUSD | +0.1397% | 1h | 0.005807 | +0.148% | $44K | $70K | 10x | as long as short |
BingX BRETT-USDT
BloFin BRETT-USDT
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
Hyperliquid BRETT
Binance BRETTUSDT
Bybit BRETTUSDT
OKX BRETT-USDT-SWAP
Gate BRETT_USDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDT
Variational Omni BRETT
Kraken Futures PF_BRETTUSD