Funding you earn now, next payment 08:00 UTC+0.0490%/8h= +53.7% APRnext payment +$2.45 per $10,000 · paid last 24h +0.027%
Price spread now: BingX against MEXC−0.189%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1051.054% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 7 days+0.172%+$17 · spread now −0.189%, 7d avg −0.051%
=Funding pays, the price is against you. BingX is 0.138% cheaper against MEXC than usual: you would sell low and buy high (spread −0.189% now, against its 7-day average of −0.051%). If the spread goes back, that is −$14 on $10k: about 23 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.030% in total) that is about 33 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.030% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.45 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 | MEXC BRETT_USDT | 0.005819 | 0.0100 | pay 0.0050% / 4h | 8m 13s | $12.3M | $236K | 200x |
| Short | BingX BRETT-USDT | 0.005808 | 0.0590 | get 0.0295% / 4h | 8m 13s | — | $1.4M | — |
MEXC BRETT_USDT
BingX BRETT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $102.9
- Price spread: −0.189% → −0.051%
- −$13.81
- Slippage, 4 orders
- −$95.38
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$16.3
- Costs to cover
- 1.054%
- Break-even
- 8.1 days
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 4 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 MEXC live order book, 5 min ago | 4.28 bp | 22.0 bp −$22 | 155.9 bp −$1,559 | 290.4 bp −$29.0K | 314.6 bp −$157.3K |
| Sell BingX live order book, 4 min ago | 8.61 bp | 29.3 bp −$29 | 103.1 bp −$1,031 | 570.1 bp −$57.0K | 848.5 bp −$424.2K |
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 | 0.005808 | −0.189% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +0.344% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDT | +0.0044% | 4h | 0.005818 | −0.017% | $57K | $206K | 50x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005820 | +0.023% | $1.2M | $3.0M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005810 | −0.155% | $2.1M | $2.3M | 25x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005813 | −0.103% | $421K | $111K | 25x | as long as short |
| MEXC BRETT_USDTlong | +0.0100% | 4h | 0.005819 | long leg | $12.3M | $236K | 200x | |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005815 | −0.069% | $279K | $118K | 30x | as long as short |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005810 | −0.155% | $1.4M | $607K | 50x | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005796 | −0.399% | $43K | $105K | — | as long as short |
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
BloFin BRETT-USDT
Binance BRETTUSDT
Bybit BRETTUSDT
Gate BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDT
Variational Omni BRETTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BRETT | +0.0240% | 1h | 0.005824 | +0.086% | $315K | $289K | 3x | as long as short |
| BingX BRETT-USDTshort | +0.0590% | 4h | 0.005808 | −0.189% | — | $1.4M | — | |
| OKX BRETT-USDT-SWAP | +0.0599% | 4h | 0.005820 | +0.017% | $148K | $407K | 10x | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1298% | 1h | 0.005817 | −0.034% | $39K | $105K | 10x | as long as short |
Hyperliquid BRETT
OKX BRETT-USDT-SWAP
Kraken Futures PF_BRETTUSD