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 +0.027%

Price spread now: BingX against Bitget+0.155%7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$244as in the Funding arb table

Net, price: spread back to 7d avg − costs−$240as in the Price arb table

costs, in and out, $10k−$2472.472% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 7 days−0.192%−$19 · spread now +0.155%, 7d avg +0.079%

Together, before fees−0.162%−$16 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: BingX is 0.076% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.079%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRETTUSDT	0.005801	0.0100	pay 0.0050% / 4h	2h 55m	$1.4M	$637K	50x
Short	BingX BRETT-USDT	0.005810	0.0100	get 0.0050% / 4h	2h 55m	—	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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 BitgetbpFee BingXbpOrdersPrice spread, now +0.155%Rate

Funding earned: $0
Price spread: +0.155% → +0.079%: $7.59
Slippage, 4 orders: −$225.22
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$239.64
Costs to cover: 2.472%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 5 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 Bitget live order book, 1 min ago	12.08 bp	86.9 bp −$87	302.2 bp −$3,022	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	5.97 bp	41.1 bp −$41	108.5 bp −$1,085	542.6 bp −$54.3K	821.9 bp −$410.9K

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	0.005794	−0.121%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.655%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005817	+0.276%	$316K	$255K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005807	+0.103%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005804	+0.052%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005814	+0.224%	$133K	$271K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005807	+0.103%	$431K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005811	+0.172%	$12.4M	$208K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005820	+0.328%	$312K	$88K	30x	as long as short
Bitget BRETTUSDTlong	+0.0100%	4h	0.005801	long leg	$1.4M	$637K	50x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDTshort	+0.0100%	4h	0.005810	+0.155%	—	$1.4M	—
Variational Omni BRETT	+0.0100%	4h	0.005795	−0.102%	$43K	$114K	—	as long as short
BloFin BRETT-USDT	+0.0101%	4h	0.005856	+0.948%	$59K	$182K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.1539%	1h	0.005802	+0.020%	$44K	$76K	10x	as long as short