BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.025%

Price spread now: BloFin against Bybit+0.517%72s7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as 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−$1191.186% of the position

Long on Bybit Short on BloFin

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)−0.549%−$55 · spread now +0.517%, 7d avg +0.097%

Together, before fees−0.350%−$35 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.420% dearer against Bybit than usual: you sell high and buy low (spread +0.517% now, against its 7-day average of +0.097%): +$42 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months. Mind the row above: over the last 7 days funding on this pair paid +0.198%, so the current rate has only just turned against you. The two prices were read 72 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	Bybit BRETTUSDT	0.005801	0.0100	pay 0.0050% / 4h	36m 02s	$2.1M	$2.3M	25x
Short	BloFin BRETT-USDT	0.005831	0.0087	get 0.0043% / 4h	36m 02s	$57K	$212K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.517%Rate

Funding earned: −$2.83
Price spread: +0.517% → +0.097%: $41.99
Slippage, 4 orders: −$95.6
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$79.44
Costs to cover: 1.186%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 35 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 Bybit live order book, 1 min ago	5.17 bp	32.6 bp −$33	168.0 bp −$1,680	doesn't fit	doesn't fit
Sell BloFin live order book, 35 min ago	8.56 bp	33.2 bp −$33	103.7 bp −$1,037	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	0.005801	0.000%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.655%	$61	$854	5.5x	as long as short
BloFin BRETT-USDTshort	+0.0087%	4h	0.005831	+0.517%	$57K	$212K	50x
Binance BRETTUSDT	+0.0100%	4h	0.005816	+0.254%	$1.2M	$3.0M	50x	as long as short
Bybit BRETTUSDTlong	+0.0100%	4h	0.005801	long leg	$2.1M	$2.3M	25x
Gate BRETT_USDT	+0.0100%	4h	0.005809	+0.138%	$421K	$111K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005816	+0.259%	$12.3M	$234K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005807	+0.103%	$279K	$119K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005806	+0.086%	$1.4M	$609K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005854	+0.920%	$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	+0.0162%	1h	0.005819	+0.310%	$313K	$290K	3x	as long as short
BingX BRETT-USDT	+0.0684%	4h	0.005806	+0.086%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAP	+0.0702%	4h	0.005830	+0.500%	$148K	$406K	10x	as long as short
Kraken Futures PF_BRETTUSD	+0.1299%	1h	0.005811	+0.177%	$39K	$105K	10x	as long as short