Funding you earn now, next payment 12:00 UTC−0.0372%/8h= −40.7% APRnext payment −$1.86 per $10,000 · paid last 24h −0.048%
Price spread now: Binance against BingX+0.034%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1441.444% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now +0.034%, 7d avg +0.037%
=The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.86 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 | BingX BRETT-USDT | 0.005806 | 0.0472 | pay 0.0236% / 4h | 3h 47m | — | $1.4M | — |
| Short | Binance BRETTUSDT | 0.005808 | 0.0100 | get 0.0050% / 4h | 3h 47m | $1.2M | $3.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$78.12
- Price spread: +0.034% → +0.037%
- −$0.26
- Slippage, 4 orders
- −$124.44
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$222.83
- Costs to cover
- 1.444%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Binance: live order book, 3 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 BingX live order book, 13 min ago | 10.34 bp | 37.2 bp −$37 | 120.0 bp −$1,200 | 635.5 bp −$63.6K | 892.4 bp −$446.2K |
| Sell Binance live order book, 3 min ago | 3.44 bp | 34.1 bp −$34 | 129.6 bp −$1,296 | 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 | 0.005798 | −0.138% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +0.568% | $61 | $854 | 5.5x | as long as short |
| Binance BRETTUSDTshort | +0.0100% | 4h | 0.005808 | +0.034% | $1.2M | $3.0M | 50x | |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005810 | +0.069% | $2.1M | $2.3M | 25x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005808 | +0.034% | $421K | $106K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005814 | +0.138% | $12.3M | $234K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005812 | +0.103% | $281K | $116K | 30x | as long as short |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005806 | 0.000% | $1.4M | $604K | 50x | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005802 | −0.068% | $43K | $105K | — | as long as short |
| BloFin BRETT-USDT | +0.0138% | 4h | 0.005819 | +0.224% | $57K | $206K | 50x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BRETT | +0.0194% | 1h | 0.005813 | +0.121% | $314K | $289K | 3x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0470% | 4h | 0.005824 | +0.310% | $148K | $418K | 10x | as long as short |
| BingX BRETT-USDTlong | +0.0472% | 4h | 0.005806 | long leg | — | $1.4M | — | |
| Kraken Futures PF_BRETTUSD | +0.1507% | 1h | 0.005809 | +0.044% | $39K | $105K | 10x | as long as short |
BingX BRETT-USDT
Binance BRETTUSDT
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
Bybit BRETTUSDT
Gate BRETT_USDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDT
Variational Omni BRETT
BloFin BRETT-USDT
Hyperliquid BRETT
OKX BRETT-USDT-SWAP
Kraken Futures PF_BRETTUSD