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 Bitget−0.155%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,203as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,221as in the Price arb table

costs, in and out, $10k−$1,20312.033% of the position

Long on Bitget 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)+0.145%+$15 · spread now −0.155%, 7d avg +0.022%

Together, before fees+0.145%+$15 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 0.178% cheaper against Bitget than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRETTUSDT	0.005797	0.0100	pay 0.0050% / 4h	1h 55m	$1.4M	$625K	50x
Short	Gate BRETT_USDT	0.005788	0.0100	get 0.0050% / 4h	1h 55m	$432K	$108K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.155%Rate

Funding earned: $0
Price spread: −0.155% → +0.022%: −$17.75
Slippage, 4 orders: −$1,176.31
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,221.06
Costs to cover: 12.033%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 25 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	6.90 bp	38.5 bp −$38	249.4 bp −$2,494	doesn't fit	doesn't fit
Sell Gate live order book, 25 min ago	8.57 bp	402.8 bp −$403	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	0.005797	0.000%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.725%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0087%	4h	0.005783	−0.242%	$58K	$167K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005813	+0.276%	$308K	$234K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005811	+0.245%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005796	−0.017%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005811	+0.242%	$132K	$255K	10x	as long as short
Gate BRETT_USDTshort	+0.0100%	4h	0.005788	−0.155%	$432K	$108K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005810	+0.224%	$12.4M	$208K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005784	−0.224%	$323K	$72K	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BRETTUSDTlong	+0.0100%	4h	0.005797	long leg	$1.4M	$625K	50x
BingX BRETT-USDT	+0.0100%	4h	0.005790	−0.121%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005785	−0.211%	$52K	$102K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1397%	1h	0.005809	+0.204%	$44K	$70K	10x	as long as short