Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Binance−0.041%7-day average −0.121% · you buy dearer than you sell

Net, funding: paid 7d − costs−$214as in the Funding arb table

Net, price: spread back to 7d avg − costs−$206as in the Price arb table

costs, in and out, $10k−$2142.144% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.077%−$8 · spread now −0.041%, 7d avg −0.121%

Together, before fees−0.077%−$8 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: Bitget is 0.080% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.121%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BRETTUSDT	0.005817	0.0100	pay 0.0050% / 4h	2h 09m	$1.2M	$2.6M	50x
Short	Bitget BRETTUSDT	0.005815	0.0100	get 0.0050% / 4h	2h 09m	$1.4M	$611K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → −0.121%: $8.05
Slippage, 4 orders: −$192.38
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$206.33
Costs to cover: 2.144%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 2 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, 11 min ago	2.57 bp	35.9 bp −$36	263.9 bp −$2,639	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	7.72 bp	73.4 bp −$73	255.7 bp −$2,557	doesn't fit	doesn't fit

BRETT on 13 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	0.005815	−0.041%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.372%	$61	$854	5.5x	as long as short
Binance BRETTUSDTlong	+0.0100%	4h	0.005817	long leg	$1.2M	$2.6M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005820	+0.045%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005831	+0.234%	$134K	$270K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005821	+0.062%	$431K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005822	+0.079%	$12.4M	$211K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005826	+0.148%	$308K	$88K	30x	as long as short
Bitget BRETTUSDTshort	+0.0100%	4h	0.005815	−0.041%	$1.4M	$611K	50x
BingX BRETT-USDT	+0.0100%	4h	0.005816	−0.024%	—	$1.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005834	+0.294%	$43K	$105K	—	as long as short
Hyperliquid BRETT	+0.0202%	1h	0.005828	+0.183%	$317K	$253K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.1534%	1h	0.005821	+0.066%	$44K	$75K	10x	as long as short