BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.27 per $10,000 · paid last 24h −0.025%

Price spread now: Bybit against BloFin−0.258%82s7-day average −0.097% · you buy dearer than you sell

Net, funding: paid 7d − costs−$131as 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−$1111.107% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.198%−$20 on $10k

Price spread, last 4 days (all we have)+0.289%+$29 · spread now −0.258%, 7d avg −0.097%

Together, before fees+0.091%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.160% cheaper against BloFin than usual: you would sell low and buy high (spread −0.258% now, against its 7-day average of −0.097%). If the spread goes back, that is −$16 on $10k: about 10 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.198%, so the current rate has only just turned in your favour. The two prices were read 82 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	0.005824	0.0047	pay 0.0023% / 4h	15m 44s	$57K	$206K	50x
Short	Bybit BRETTUSDT	0.005809	0.0100	get 0.0050% / 4h	15m 44s	$2.1M	$2.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.258%Rate

Funding earned: $11.18
Price spread: −0.258% → −0.097%: −$16.03
Slippage, 4 orders: −$87.75
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$115.6
Costs to cover: 1.107%
Break-even: 79.4 days

Slippage from BloFin: live order book, 55 min ago; Bybit: live order book, 1 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, 55 min ago	8.56 bp	24.2 bp −$24	117.5 bp −$1,175	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	4.31 bp	26.0 bp −$26	122.5 bp −$1,225	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	0.005804	−0.343%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.258%	$61	$854	5.5x	as long as short
BloFin BRETT-USDTlong	+0.0047%	4h	0.005824	long leg	$57K	$206K	50x
Binance BRETTUSDT	+0.0100%	4h	0.005819	−0.086%	$1.2M	$3.0M	50x	as long as short
Bybit BRETTUSDTshort	+0.0100%	4h	0.005809	−0.258%	$2.1M	$2.3M	25x
Gate BRETT_USDT	+0.0100%	4h	0.005816	−0.137%	$422K	$111K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005816	−0.137%	$12.3M	$236K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005808	−0.275%	$279K	$118K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005810	−0.240%	$1.4M	$608K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005803	−0.367%	$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	+0.0274%	1h	0.005834	+0.172%	$315K	$289K	3x	as long as short
BingX BRETT-USDT	+0.0594%	4h	0.005816	−0.137%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAP	+0.0617%	4h	0.005819	−0.086%	$148K	$406K	10x	as long as short
Kraken Futures PF_BRETTUSD	+0.1300%	1h	0.005811	−0.228%	$39K	$105K	10x	as long as short