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: Binance against Bybit+0.173%7-day average +0.115% · you sell dearer than you buy

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1361.363% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.075%−$7 · spread now +0.173%, 7d avg +0.115%

Together, before fees−0.075%−$7 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: Binance is 0.058% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.115%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BRETTUSDT	0.005787	0.0100	pay 0.0050% / 4h	1h 12m	$2.1M	$1.8M	25x
Short	Binance BRETTUSDT	0.005797	0.0100	get 0.0050% / 4h	1h 12m	$1.2M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.173%Rate

Funding earned: $0
Price spread: +0.173% → +0.115%: $5.83
Slippage, 4 orders: −$115.33
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$130.5
Costs to cover: 1.363%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 7 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 Bybit live order book, 4 min ago	6.91 bp	42.3 bp −$42	152.9 bp −$1,529	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	3.45 bp	24.0 bp −$24	106.8 bp −$1,068	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	0.005782	−0.086%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.899%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0079%	4h	0.005809	+0.380%	$57K	$162K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005799	+0.207%	$307K	$242K	3x	as long as short
Binance BRETTUSDTshort	+0.0100%	4h	0.005797	+0.173%	$1.2M	$2.4M	50x
Bybit BRETTUSDTlong	+0.0100%	4h	0.005787	long leg	$2.1M	$1.8M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005801	+0.242%	$131K	$258K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005791	+0.069%	$432K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005798	+0.190%	$12.4M	$210K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005792	+0.086%	$325K	$74K	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BRETTUSDT	+0.0100%	4h	0.005784	−0.052%	$1.4M	$631K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005795	+0.138%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005780	−0.116%	$52K	$102K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1400%	1h	0.005797	+0.170%	$44K	$70K	10x	as long as short