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: Gate against Binance−0.068%7-day average −0.117% · you buy dearer than you sell

Net, funding: paid 7d − costs−$710as in the Funding arb table

Net, price: spread back to 7d avg − costs−$705as in the Price arb table

costs, in and out, $10k−$7107.101% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.068%, 7d avg −0.117%

Together, before fees−0.072%−$7 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: Gate is 0.048% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.117%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BRETTUSDT	0.005856	0.0100	pay 0.0050% / 4h	33m 56s	$1.2M	$2.5M	50x
Short	Gate BRETT_USDT	0.005852	0.0100	get 0.0050% / 4h	33m 56s	$437K	$109K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.068%Rate

Funding earned: $0
Price spread: −0.068% → −0.117%: $4.84
Slippage, 4 orders: −$685.14
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$705.3
Costs to cover: 7.101%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; Gate: live order book, 42 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, 1 min ago	5.12 bp	36.3 bp −$36	200.7 bp −$2,007	doesn't fit	doesn't fit
Sell Gate live order book, 42 min ago	12.95 bp	328.3 bp −$328	doesn't fit	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	0.005848	−0.137%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.290%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005866	+0.171%	$309K	$247K	3x	as long as short
Binance BRETTUSDTlong	+0.0100%	4h	0.005856	long leg	$1.2M	$2.5M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005851	−0.085%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005857	+0.017%	$132K	$260K	10x	as long as short
Gate BRETT_USDTshort	+0.0100%	4h	0.005852	−0.068%	$437K	$109K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005857	+0.017%	$12.5M	$208K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005860	+0.068%	$314K	$79K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005845	−0.188%	$1.4M	$641K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDT	+0.0100%	4h	0.005858	+0.034%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005862	+0.108%	$59K	$108K	—	as long as short
BloFin BRETT-USDT	+0.0102%	4h	0.005868	+0.205%	$57K	$165K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.1336%	1h	0.005860	+0.062%	$44K	$70K	10x	as long as short