Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.049%
Price spread now: BloFin against Bitget+0.190%105s7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as 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−$1471.469% of the position
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 3 days (all we have)−0.292%−$29 · spread now +0.190%, 7d avg +0.147%
=The price spread pays, funding is against you. BloFin is 0.043% dearer against Bitget than usual: you sell high and buy low (spread +0.190% now, against its 7-day average of +0.147%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.194%, so the current rate has only just turned against you. The two prices were read 105 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 | Bitget BRETTUSDT | 0.005789 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $1.4M | $629K | 50x |
| Short | BloFin BRETT-USDT | 0.005800 | 0.0074 | get 0.0037% / 4h | 1h 19m | $57K | $163K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$5.49
- Price spread: +0.190% → +0.147%
- $4.34
- Slippage, 4 orders
- −$122.89
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$148.04
- Costs to cover
- 1.469%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 55 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 Bitget live order book, 2 min ago | 6.90 bp | 35.9 bp −$36 | 243.5 bp −$2,435 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 55 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 | 0.005789 | 0.000% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +0.864% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDTshort | +0.0074% | 4h | 0.005800 | +0.190% | $57K | $163K | 50x | |
| Hyperliquid BRETT | +0.0100% | 1h | 0.005801 | +0.207% | $307K | $242K | 3x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005796 | +0.121% | $1.2M | $2.4M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005790 | +0.017% | $2.1M | $1.8M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005809 | +0.345% | $131K | $258K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005794 | +0.086% | $433K | $108K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005796 | +0.121% | $12.4M | $210K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005797 | +0.138% | $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 BRETTUSDTlong | +0.0100% | 4h | 0.005789 | long leg | $1.4M | $629K | 50x | |
| BingX BRETT-USDT | +0.0100% | 4h | 0.005795 | +0.104% | — | $1.4M | — | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005800 | +0.195% | $52K | $102K | — | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1400% | 1h | 0.005797 | +0.130% | $44K | $70K | 10x | as long as short |
Bitget BRETTUSDT
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
BingX BRETT-USDT
Variational Omni BRETT
Kraken Futures PF_BRETTUSD