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 0.000%

Price spread now: Bybit against Binance−0.069%7-day average −0.115% · you buy dearer than you sell

Net, funding: paid 7d − costs−$137as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1371.367% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.030%−$3 · spread now −0.069%, 7d avg −0.115%

Together, before fees−0.030%−$3 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: Bybit is 0.046% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.115%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BRETTUSDT	0.005795	0.0100	pay 0.0050% / 4h	1h 50m	$1.2M	$2.4M	50x
Short	Bybit BRETTUSDT	0.005791	0.0100	get 0.0050% / 4h	1h 50m	$2.1M	$1.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → −0.115%: $4.6
Slippage, 4 orders: −$115.69
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$132.09
Costs to cover: 1.367%
Break-even: never at this rate

Slippage from Binance: 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 Binance live order book, 14 min ago	2.59 bp	32.7 bp −$33	172.1 bp −$1,721	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	4.32 bp	40.5 bp −$41	139.8 bp −$1,398	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	0.005784	−0.189%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.760%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0052%	4h	0.005798	+0.052%	$58K	$167K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005799	+0.070%	$307K	$234K	3x	as long as short
Binance BRETTUSDTlong	+0.0100%	4h	0.005795	long leg	$1.2M	$2.4M	50x
Bybit BRETTUSDTshort	+0.0100%	4h	0.005791	−0.069%	$2.1M	$1.8M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005803	+0.139%	$132K	$255K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005795	+0.001%	$433K	$108K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005795	+0.001%	$12.4M	$208K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005792	−0.051%	$326K	$74K	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	0.005784	−0.189%	$1.4M	$624K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005801	+0.104%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005804	+0.156%	$52K	$102K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1400%	1h	0.005793	−0.027%	$44K	$70K	10x	as long as short