BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0023%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.015%

Price spread now: Bitget against BloFin−0.104%105s7-day average −0.121% · you buy dearer than you sell

Net, funding: paid 7d − costs−$358as 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−$3383.379% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.203%−$20 on $10k

Price spread, last 4 days (all we have)+1.077%+$108 · spread now −0.104%, 7d avg −0.121%

Together, before fees+0.875%+$87 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.121%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 105 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	BloFin BRETT-USDT	0.005748	0.0123	pay 0.0062% / 4h	3h 31m	$56K	$203K	50x
Short	Bitget BRETTUSDT	0.005742	0.0100	get 0.0050% / 4h	3h 31m	$1.3M	$604K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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 BloFinbpFee BitgetbpOrdersPrice spread, now −0.104%Rate

Funding earned: −$4.93
Price spread: −0.104% → −0.121%: $1.69
Slippage, 4 orders: −$313.89
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$341.12
Costs to cover: 3.379%
Break-even: never at this rate

Slippage from BloFin: live order book, 34 min ago; Bitget: live order book, 5 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, 34 min ago	6.89 bp	27.2 bp −$27	111.7 bp −$1,117	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	9.54 bp	126.2 bp −$126	256.6 bp −$2,566	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	0.005741	−0.122%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+1.583%	$61	$854	5.5x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005747	−0.021%	$1.2M	$3.0M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005738	−0.174%	$2.1M	$2.3M	25x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005745	−0.052%	$417K	$106K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005745	−0.052%	$12.1M	$235K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005746	−0.035%	$278K	$116K	30x	as long as short
Bitget BRETTUSDTshort	+0.0100%	4h	0.005742	−0.104%	$1.3M	$604K	50x
Variational Omni BRETT	+0.0100%	4h	0.005764	+0.279%	$43K	$105K	—	as long as short
BloFin BRETT-USDTlong	+0.0123%	4h	0.005748	long leg	$56K	$203K	50x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid BRETT	+0.0296%	1h	0.005750	+0.035%	$311K	$290K	3x	as long as short
OKX BRETT-USDT-SWAP	+0.0382%	4h	0.005741	−0.122%	$145K	$414K	10x	as long as short
BingX BRETT-USDT	+0.0398%	4h	0.005743	−0.087%	—	$1.4M	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1524%	1h	0.005744	−0.066%	$38K	$105K	10x	as long as short