Settings8H · net · $10k
Funding arb · Price arb /

BRETT

all BRETT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.335%−$34 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BRETT-USDT0.0057980.0100pay 0.0050% / 4h1h 06m$1.4M
ShortBloFin BRETT-USDT0.0058120.0135get 0.0068% / 4h1h 06m$57K$163K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago8.63 bp35.5 bp −$35108.7 bp −$1,087636.2 bp −$63.6K946.8 bp −$473.4K
Sell BloFin live order book, 3 min ago3.45 bp32.1 bp −$32111.0 bp −$1,110doesn't fitdoesn't fit

BRETT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BRETT/USD [ETH-USDC]L 0.0000% / S 0.0000%1h0.005797−0.017%100xas long as short
Injective BRETT/USDC PERP+0.0033%1h0.005839+0.707%$61$8545.5xas long as short
Hyperliquid BRETT+0.0100%1h0.005818+0.345%$307K$243K3xas long as short
Binance BRETTUSDT+0.0100%4h0.005816+0.308%$1.2M$2.4M50xas long as short
Bybit BRETTUSDT+0.0100%4h0.005803+0.086%$2.1M$1.8M25xas long as short
OKX BRETT-USDT-SWAP+0.0100%4h0.005814+0.276%$131K$257K10xas long as short
Gate BRETT_USDT+0.0100%4h0.005800+0.034%$433K$109K25xas long as short
MEXC BRETT_USDT+0.0100%4h0.005815+0.293%$12.4M$210K200xas long as short
KuCoin BRETTUSDTM+0.0100%4h0.005797−0.017%$325K$74K30xas long as short
Bitget BRETTUSDT+0.0100%4h0.005800+0.034%$1.4M$630K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BRETT-USDTlong+0.0100%4h0.005798long leg$1.4M
Variational Omni BRETT+0.0100%4h0.005793−0.091%$52K$102Kas long as short
BloFin BRETT-USDTshort+0.0135%4h0.005812+0.241%$57K$163K50x
Kraken Futures PF_BRETTUSD+0.1397%1h0.005807+0.148%$44K$70K10xas long as short