Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.028%

Price spread now: BingX against Binance−0.120%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$116as in the Price arb table

costs, in and out, $10k−$1081.079% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 7 days+0.086%+$9 · spread now −0.120%, 7d avg −0.040%

Together, before fees+0.116%+$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.080% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BRETTUSDT	0.005847	0.0100	pay 0.0050% / 4h	2h 49m	$1.2M	$2.4M	50x
Short	BingX BRETT-USDT	0.005840	0.0100	get 0.0050% / 4h	2h 49m	—	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now −0.120%Rate

Funding earned: $0
Price spread: −0.120% → −0.040%: −$7.96
Slippage, 4 orders: −$87.88
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$115.84
Costs to cover: 1.079%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; BingX: live order book, 12 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 Binance live order book, 15 min ago	3.40 bp	30.2 bp −$30	169.1 bp −$1,691	doesn't fit	doesn't fit
Sell BingX live order book, 12 min ago	4.25 bp	27.5 bp −$28	86.5 bp −$865	596.3 bp −$59.6K	896.8 bp −$448.4K

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	0.005838	−0.154%	—	—	100x	as long as short
BloFin BRETT-USDT	+0.0086%	4h	0.005827	−0.342%	$59K	$171K	50x	as long as short
Binance BRETTUSDTlong	+0.0100%	4h	0.005847	long leg	$1.2M	$2.4M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005833	−0.239%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005855	+0.137%	$134K	$260K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005834	−0.222%	$436K	$108K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005847	0.000%	$12.5M	$209K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005840	−0.120%	$326K	$76K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005835	−0.205%	$1.4M	$626K	50x	as long as short
BingX BRETT-USDTshort	+0.0100%	4h	0.005840	−0.120%	—	$1.4M	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005829	−0.307%	$53K	$127K	—	as long as short
Hyperliquid BRETT	+0.0684%	1h	0.005855	+0.137%	$340K	$209K	3x	as long as short
Injective BRETT/USDC PERP	+0.0825%	1h	0.005839	−0.137%	$61	$854	5.5x	as long as short
Kraken Futures PF_BRETTUSD	+0.1052%	1h	0.005856	+0.154%	$44K	$71K	10x	as long as short