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: MEXC against Bitget+0.205%7-day average +0.128% · you sell dearer than you buy

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1101.103% of the position

Long on Bitget 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−0.239%−$24 · spread now +0.205%, 7d avg +0.128%

Together, before fees−0.239%−$24 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 0.077% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.128%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRETTUSDT	0.005848	0.0100	pay 0.0050% / 4h	3h 27m	$1.4M	$670K	50x
Short	MEXC BRETT_USDT	0.005860	0.0100	get 0.0050% / 4h	3h 27m	$12.5M	$208K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.205%Rate

Funding earned: $0
Price spread: +0.205% → +0.128%: $7.75
Slippage, 4 orders: −$98.25
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$102.5
Costs to cover: 1.103%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 6 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, 5 min ago	8.52 bp	34.2 bp −$34	239.9 bp −$2,399	doesn't fit	doesn't fit
Sell MEXC live order book, 6 min ago	5.09 bp	20.3 bp −$20	141.1 bp −$1,411	292.5 bp −$29.2K	312.9 bp −$156.4K

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	0.005851	+0.051%	—	—	100x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005862	+0.239%	$1.2M	$2.5M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005849	+0.017%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005857	+0.154%	$134K	$268K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005857	+0.154%	$438K	$110K	25x	as long as short
MEXC BRETT_USDTshort	+0.0100%	4h	0.005860	+0.205%	$12.5M	$208K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005856	+0.137%	$332K	$76K	30x	as long as short
Bitget BRETTUSDTlong	+0.0100%	4h	0.005848	long leg	$1.4M	$670K	50x
BingX BRETT-USDT	+0.0100%	4h	0.005843	−0.085%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005874	+0.452%	$53K	$127K	—	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	+0.0146%	4h	0.005867	+0.325%	$58K	$167K	50x	as long as short
Hyperliquid BRETT	+0.0333%	1h	0.005871	+0.393%	$338K	$209K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.0412%	1h	0.005861	+0.219%	$42K	$72K	10x	as long as short
Injective BRETT/USDC PERP	+0.1245%	1h	0.005839	−0.154%	$61	$854	5.5x	as long as short