Funding you earn now, next payment 08:00 UTC+0.0375%/8h= +41.0% APRnext payment +$1.87 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against BloFin−0.103%51s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as 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−$1561.564% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)+0.235%+$23 · spread now −0.103%, 7d avg −0.030%
=Funding pays, the price is against you. BingX is 0.073% cheaper against BloFin than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.030%). If the spread goes back, that is −$7 on $10k: about 16 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 7 days funding on this pair cost −0.169%, so the current rate has only just turned in your favour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.169% in total (about -8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.87 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BRETT-USDT | 0.005823 | 0.0099 | pay 0.0050% / 4h | 1h 30m | $57K | $208K | 50x |
| Short | BingX BRETT-USDT | 0.005817 | 0.0474 | get 0.0237% / 4h | 1h 30m | — | $1.4M | — |
BloFin BRETT-USDT
BingX BRETT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $78.66
- Price spread: −0.103% → −0.030%
- −$7.32
- Slippage, 4 orders
- −$134.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$85.04
- Costs to cover
- 1.564%
- Break-even
- 14.6 days
Slippage from BloFin: live order book, 46 min ago; BingX: live order book, 6 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 BloFin live order book, 46 min ago | 5.19 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 8.61 bp | 50.2 bp −$50 | 118.2 bp −$1,182 | 570.9 bp −$57.1K | 844.8 bp −$422.4K |
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 | 0.005804 | −0.326% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +0.275% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDTlong | +0.0099% | 4h | 0.005823 | long leg | $57K | $208K | 50x | |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005820 | −0.052% | $1.2M | $2.9M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005806 | −0.292% | $2.1M | $2.1M | 25x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005809 | −0.240% | $420K | $112K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005820 | −0.052% | $12.3M | $233K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005811 | −0.206% | $276K | $113K | 30x | as long as short |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005807 | −0.275% | $1.4M | $613K | 50x | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005807 | −0.266% | $43K | $105K | — | as long as short |
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
Binance BRETTUSDT
Bybit BRETTUSDT
Gate BRETT_USDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDT
Variational Omni BRETTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BRETT | +0.0165% | 1h | 0.005822 | −0.017% | $312K | $282K | 3x | as long as short |
| BingX BRETT-USDTshort | +0.0474% | 4h | 0.005817 | −0.103% | — | $1.4M | — | |
| OKX BRETT-USDT-SWAP | +0.0513% | 4h | 0.005827 | +0.069% | $146K | $369K | 10x | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1218% | 1h | 0.005816 | −0.112% | $40K | $91K | 10x | as long as short |
Hyperliquid BRETT
OKX BRETT-USDT-SWAP
Kraken Futures PF_BRETTUSD