Funding you earn now, next payment 00:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.11 per $10,000 · paid last 24h +0.021%
Price spread now: BloFin against BingX+0.259%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1451.454% of the position
Funding, last 7 days+0.165%+$16 on $10k
+Price spread, last 3 days (all we have)−0.518%−$52 · spread now +0.259%, 7d avg +0.058%
=The price spread pays, funding is against you. BloFin is 0.201% dearer against BingX than usual: you sell high and buy low (spread +0.259% now, against its 7-day average of +0.058%): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 32 days. Mind the row above: over the last 7 days funding on this pair paid +0.165%, 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 | BingX BRETT-USDT | 0.005794 | 0.0100 | pay 0.0050% / 4h | 1h 13m | — | $1.4M | — |
| Short | BloFin BRETT-USDT | 0.005809 | 0.0079 | get 0.0039% / 4h | 1h 13m | $57K | $162K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$4.43
- Price spread: +0.259% → +0.058%
- $20.09
- Slippage, 4 orders
- −$123.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$129.76
- Costs to cover
- 1.454%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; BloFin: live order book, 61 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, 8 min ago | 7.75 bp | 34.8 bp −$35 | 104.2 bp −$1,042 | 632.7 bp −$63.3K | 893.0 bp −$446.5K |
| Sell BloFin live order book, 61 min ago | 12.82 bp | 38.6 bp −$39 | 114.6 bp −$1,146 | 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 | 0.005782 | −0.207% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +0.777% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDTshort | +0.0079% | 4h | 0.005809 | +0.259% | $57K | $162K | 50x | |
| Hyperliquid BRETT | +0.0100% | 1h | 0.005799 | +0.086% | $307K | $242K | 3x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005797 | +0.052% | $1.2M | $2.4M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005787 | −0.121% | $2.1M | $1.8M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005801 | +0.121% | $131K | $258K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005791 | −0.052% | $432K | $109K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005798 | +0.069% | $12.4M | $210K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005792 | −0.035% | $325K | $74K | 30x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005785 | −0.155% | $1.4M | $631K | 50x | as long as short |
| BingX BRETT-USDTlong | +0.0100% | 4h | 0.005794 | long leg | — | $1.4M | — | |
| Variational Omni BRETT | +0.0100% | 4h | 0.005780 | −0.237% | $52K | $102K | — | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1400% | 1h | 0.005797 | +0.049% | $44K | $70K | 10x | as long as short |
BingX BRETT-USDT
BloFin BRETT-USDT
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
Hyperliquid BRETT
Binance BRETTUSDT
Bybit BRETTUSDT
OKX BRETT-USDT-SWAP
Gate BRETT_USDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDT
Variational Omni BRETT
Kraken Futures PF_BRETTUSD