Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance+0.172%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$1221.219% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.175%−$18 · spread now +0.172%, 7d avg +0.014%

Together, before fees−0.175%−$18 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: MEXC is 0.158% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BRETTUSDT	0.005820	0.0100	pay 0.0050% / 4h	1h 36m	$1.2M	$2.9M	50x
Short	MEXC BRETT_USDT	0.005830	0.0100	get 0.0050% / 4h	1h 36m	$12.3M	$232K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.172%Rate

Funding earned: $0
Price spread: +0.172% → +0.014%: $15.81
Slippage, 4 orders: −$111.87
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$106.06
Costs to cover: 1.219%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; MEXC: 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, 14 min ago	4.28 bp	34.8 bp −$35	177.6 bp −$1,776	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	4.28 bp	24.7 bp −$25	184.2 bp −$1,842	296.8 bp −$29.7K	311.9 bp −$156.0K

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	0.005823	+0.052%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.326%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005831	+0.189%	$312K	$281K	3x	as long as short
Binance BRETTUSDTlong	+0.0100%	4h	0.005820	long leg	$1.2M	$2.9M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005808	−0.206%	$2.1M	$2.1M	25x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005824	+0.069%	$421K	$112K	25x	as long as short
MEXC BRETT_USDTshort	+0.0100%	4h	0.005830	+0.172%	$12.3M	$232K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005843	+0.395%	$278K	$113K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005809	−0.189%	$1.4M	$613K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005828	+0.146%	$43K	$105K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BRETT-USDT	+0.0106%	4h	0.005833	+0.223%	$57K	$209K	50x	as long as short
BingX BRETT-USDT	+0.0452%	4h	0.005826	+0.103%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAP	+0.0495%	4h	0.005823	+0.052%	$146K	$368K	10x	as long as short
Kraken Futures PF_BRETTUSD	+0.1215%	1h	0.005829	+0.162%	$40K	$91K	10x	as long as short