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 0.000%

Price spread now: Bybit against Gate−0.187%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$613as in the Funding arb table

Net, price: spread back to 7d avg − costs−$631as in the Price arb table

costs, in and out, $10k−$6136.128% of the position

Long on Gate Short on Bybit

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)+0.306%+$31 · spread now −0.187%, 7d avg −0.001%

Together, before fees+0.306%+$31 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: Bybit is 0.186% cheaper against Gate than usual: you would sell low and buy high, −$19 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	Gate BRETT_USDT	0.005874	0.0100	pay 0.0050% / 4h	1h 18m	$436K	$110K	25x
Short	Bybit BRETTUSDT	0.005863	0.0100	get 0.0050% / 4h	1h 18m	$2.1M	$1.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now −0.187%Rate

Funding earned: $0
Price spread: −0.187% → −0.001%: −$18.63
Slippage, 4 orders: −$586.81
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$631.44
Costs to cover: 6.128%
Break-even: never at this rate

Slippage from Gate: live order book, 42 min ago; Bybit: live order book, 3 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 Gate live order book, 42 min ago	11.11 bp	207.4 bp −$207	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	6.81 bp	31.2 bp −$31	135.7 bp −$1,357	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	0.005874	0.000%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.596%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005875	+0.017%	$319K	$256K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005875	+0.017%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDTshort	+0.0100%	4h	0.005863	−0.187%	$2.1M	$1.9M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005874	0.000%	$135K	$274K	10x	as long as short
Gate BRETT_USDTlong	+0.0100%	4h	0.005874	long leg	$436K	$110K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005884	+0.170%	$12.6M	$206K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005887	+0.221%	$311K	$86K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005865	−0.153%	$1.4M	$586K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDT	+0.0100%	4h	0.005875	+0.017%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005869	−0.078%	$43K	$104K	—	as long as short
BloFin BRETT-USDT	+0.0122%	4h	0.005884	+0.170%	$58K	$184K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.1792%	1h	0.005870	−0.068%	$44K	$76K	10x	as long as short