BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.21 per $10,000 · paid last 24h +0.025%

Price spread now: BloFin against MEXC+0.136%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$1161.164% of the position

Long on MEXC 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)−0.355%−$35 · spread now +0.136%, 7d avg −0.026%

Together, before fees−0.156%−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.162% dearer against MEXC than usual: you sell high and buy low (spread +0.136% now, against its 7-day average of −0.026%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BRETT_USDT	0.005878	0.0100	pay 0.0050% / 4h	2h 46m	$12.5M	$209K	200x
Short	BloFin BRETT-USDT	0.005886	0.0057	get 0.0029% / 4h	2h 46m	$58K	$221K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.136%Rate

Funding earned: −$9
Price spread: +0.136% → −0.026%: $16.17
Slippage, 4 orders: −$104.38
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$109.21
Costs to cover: 1.164%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 34 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 MEXC live order book, 2 min ago	4.25 bp	23.0 bp −$23	164.6 bp −$1,646	289.1 bp −$28.9K	309.7 bp −$154.8K
Sell BloFin live order book, 34 min ago	6.74 bp	39.8 bp −$40	115.9 bp −$1,159	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	0.005868	−0.170%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.663%	$61	$854	5.5x	as long as short
BloFin BRETT-USDTshort	+0.0057%	4h	0.005886	+0.136%	$58K	$221K	50x
Binance BRETTUSDT	+0.0100%	4h	0.005875	−0.051%	$1.2M	$2.7M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005877	−0.017%	$2.1M	$2.0M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005894	+0.272%	$151K	$305K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005874	−0.068%	$424K	$107K	25x	as long as short
MEXC BRETT_USDTlong	+0.0100%	4h	0.005878	long leg	$12.5M	$209K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005881	+0.051%	$288K	$106K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005877	−0.017%	$1.4M	$591K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDT	+0.0100%	4h	0.005874	−0.068%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005878	0.000%	$43K	$105K	—	as long as short
Hyperliquid BRETT	+0.0734%	1h	0.005885	+0.119%	$319K	$269K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.1631%	1h	0.005878	−0.006%	$45K	$77K	10x	as long as short