BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.048%

Price spread now: Gate against BingX−0.104%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$679as in the Funding arb table

Net, price: spread back to 7d avg − costs−$677as in the Price arb table

costs, in and out, $10k−$6746.735% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.104%, 7d avg −0.068%

Together, before fees−0.026%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.036% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.068%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BRETT-USDT	0.005768	0.0110	pay 0.0055% / 4h	2h 21m	—	$1.4M	—
Short	Gate BRETT_USDT	0.005762	0.0100	get 0.0050% / 4h	2h 21m	$418K	$98K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now −0.104%Rate

Funding earned: −$2.1
Price spread: −0.104% → −0.068%: −$3.64
Slippage, 4 orders: −$648.55
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$679.28
Costs to cover: 6.735%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; Gate: live order book, 26 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 BingX live order book, 3 min ago	9.52 bp	32.7 bp −$33	95.9 bp −$959	625.0 bp −$62.5K	849.5 bp −$424.8K
Sell Gate live order book, 26 min ago	13.06 bp	379.2 bp −$379	doesn't fit	doesn't fit	doesn't fit

BRETT on 14 exchanges

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	0.005763	−0.087%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+1.231%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005785	+0.295%	$313K	$294K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005776	+0.134%	$1.2M	$2.9M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005758	−0.173%	$2.1M	$2.2M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005780	+0.208%	$144K	$422K	10x	as long as short
Gate BRETT_USDTshort	+0.0100%	4h	0.005762	−0.104%	$418K	$98K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005774	+0.104%	$12.2M	$229K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005778	+0.173%	$279K	$112K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005756	−0.208%	$1.3M	$545K	50x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005765	−0.055%	$43K	$95K	—	as long as short
BingX BRETT-USDTlong	+0.0110%	4h	0.005768	long leg	—	$1.4M	—
BloFin BRETT-USDT	+0.0158%	4h	0.005786	+0.312%	$56K	$202K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.1305%	1h	0.005779	+0.193%	$38K	$105K	10x	as long as short