BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.12 per $10,000 · paid last 24h −0.034%

Price spread now: Bybit against BloFin−0.512%202s7-day average −0.126% · you buy dearer than you sell

Net, funding: paid 7d − costs−$164as 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−$1451.446% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.193%−$19 on $10k

Price spread, last 3 days (all we have)+0.544%+$54 · spread now −0.512%, 7d avg −0.126%

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

Funding pays, the price is against you. Bybit is 0.386% cheaper against BloFin than usual: you would sell low and buy high (spread −0.512% now, against its 7-day average of −0.126%). If the spread goes back, that is −$39 on $10k: about 56 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.193%, so the current rate has only just turned in your favour. The two prices were read 202 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	0.005854	0.0077	pay 0.0038% / 4h	2h 45m	$58K	$189K	50x
Short	Bybit BRETTUSDT	0.005824	0.0100	get 0.0050% / 4h	2h 45m	$2.1M	$1.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.512%Rate

Funding earned: $4.84
Price spread: −0.512% → −0.126%: −$38.6
Slippage, 4 orders: −$121.56
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$178.33
Costs to cover: 1.446%
Break-even: 265.1 days

Slippage from BloFin: live order book, 14 min ago; Bybit: live order book, 1 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, 14 min ago	6.81 bp	36.6 bp −$37	175.0 bp −$1,750	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	6.87 bp	37.8 bp −$38	142.3 bp −$1,423	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	0.005814	−0.683%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.256%	$61	$854	5.5x	as long as short
BloFin BRETT-USDTlong	+0.0077%	4h	0.005854	long leg	$58K	$189K	50x
Hyperliquid BRETT	+0.0100%	1h	0.005834	−0.342%	$316K	$255K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005832	−0.376%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDTshort	+0.0100%	4h	0.005824	−0.512%	$2.1M	$1.9M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005841	−0.222%	$134K	$274K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005828	−0.444%	$432K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005832	−0.376%	$12.4M	$208K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005828	−0.444%	$312K	$88K	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	0.005822	−0.547%	$1.4M	$633K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005827	−0.461%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005817	−0.630%	$43K	$114K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1532%	1h	0.005829	−0.426%	$44K	$76K	10x	as long as short