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: Bitget against Bybit−0.068%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$164as in the Funding arb table

Net, price: spread back to 7d avg − costs−$170as in the Price arb table

costs, in and out, $10k−$1641.636% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.210%+$21 · spread now −0.068%, 7d avg −0.001%

Together, before fees+0.210%+$21 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: Bitget is 0.068% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BRETTUSDT	0.005855	0.0100	pay 0.0050% / 4h	2h 57m	$2.1M	$1.8M	25x
Short	Bitget BRETTUSDT	0.005851	0.0100	get 0.0050% / 4h	2h 57m	$1.4M	$668K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.068%Rate

Funding earned: $0
Price spread: −0.068% → −0.001%: −$6.77
Slippage, 4 orders: −$140.59
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$170.37
Costs to cover: 1.636%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 4 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	6.80 bp	43.7 bp −$44	189.5 bp −$1,895	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	9.36 bp	43.4 bp −$43	219.0 bp −$2,190	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	0.005854	−0.017%	—	—	100x	as long as short
BloFin BRETT-USDT	+0.0091%	4h	0.005861	+0.102%	$59K	$170K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005866	+0.195%	$1.2M	$2.5M	50x	as long as short
Bybit BRETTUSDTlong	+0.0100%	4h	0.005855	long leg	$2.1M	$1.8M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005864	+0.154%	$134K	$265K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005861	+0.102%	$438K	$108K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005865	+0.171%	$12.5M	$208K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005857	+0.034%	$332K	$76K	30x	as long as short
Bitget BRETTUSDTshort	+0.0100%	4h	0.005851	−0.068%	$1.4M	$668K	50x
BingX BRETT-USDT	+0.0100%	4h	0.005861	+0.102%	—	$1.4M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005891	+0.608%	$53K	$127K	—	as long as short
Hyperliquid BRETT	+0.0332%	1h	0.005873	+0.307%	$340K	$211K	3x	as long as short
Injective BRETT/USDC PERP	+0.0825%	1h	0.005839	−0.273%	$61	$854	5.5x	as long as short
Kraken Futures PF_BRETTUSD	+0.1049%	1h	0.005870	+0.256%	$44K	$73K	10x	as long as short