BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.025%

Price spread now: Binance against BloFin−0.256%81s7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$175as 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−$1551.550% of the position

Long on BloFin Short on Binance

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)+0.550%+$55 · spread now −0.256%, 7d avg +0.019%

Together, before fees+0.351%+$35 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.275% cheaper against BloFin than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.019%). Swap the legs. The two prices were read 81 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	BloFin BRETT-USDT	0.005936	0.0136	pay 0.0068% / 4h	3h 23m	$59K	$210K	50x
Short	Binance BRETTUSDT	0.005921	0.0100	get 0.0050% / 4h	3h 23m	$1.2M	$2.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.256%Rate

Funding earned: −$7.65
Price spread: −0.256% → +0.019%: −$27.51
Slippage, 4 orders: −$133.03
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$190.18
Costs to cover: 1.550%
Break-even: never at this rate

Slippage from BloFin: live order book, 66 min ago; Binance: live order book, 11 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 BloFin live order book, 66 min ago	11.90 bp	30.4 bp −$30	135.7 bp −$1,357	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	5.01 bp	39.7 bp −$40	149.6 bp −$1,496	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	0.005898	−0.640%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−1.634%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005931	−0.084%	$322K	$269K	3x	as long as short
Binance BRETTUSDTshort	+0.0100%	4h	0.005921	−0.256%	$1.2M	$2.7M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005909	−0.455%	$2.1M	$2.0M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005919	−0.286%	$150K	$297K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005911	−0.421%	$427K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005917	−0.320%	$12.6M	$209K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005925	−0.185%	$291K	$104K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005916	−0.337%	$1.4M	$581K	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	0.005924	−0.202%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005929	−0.120%	$44K	$105K	—	as long as short
BloFin BRETT-USDTlong	+0.0136%	4h	0.005936	long leg	$59K	$210K	50x
Kraken Futures PF_BRETTUSD	+0.0639%	1h	0.005911	−0.417%	$45K	$77K	10x	as long as short