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 Gate+0.069%7-day average +0.121% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,171as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,176as in the Price arb table

costs, in and out, $10k−$1,17111.709% of the position

Long on Gate 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 4 days (all we have)+0.083%+$8 · spread now +0.069%, 7d avg +0.121%

Together, before fees+0.083%+$8 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 0.053% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.121%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BRETT_USDT	0.005828	0.0100	pay 0.0050% / 4h	1h 42m	$435K	$108K	25x
Short	MEXC BRETT_USDT	0.005832	0.0100	get 0.0050% / 4h	1h 42m	$12.5M	$208K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → +0.121%: −$5.28
Slippage, 4 orders: −$1,155.85
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$1,176.13
Costs to cover: 11.709%
Break-even: never at this rate

Slippage from Gate: live order book, 38 min ago; MEXC: live order book, 1 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, 38 min ago	8.57 bp	729.8 bp −$730	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	2.57 bp	20.7 bp −$21	158.4 bp −$1,584	288.5 bp −$28.8K	307.4 bp −$153.7K

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	0.005827	−0.017%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.189%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0080%	4h	0.005813	−0.257%	$57K	$164K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005846	+0.309%	$313K	$238K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005837	+0.154%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005830	+0.034%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005832	+0.069%	$132K	$256K	10x	as long as short
Gate BRETT_USDTlong	+0.0100%	4h	0.005828	long leg	$435K	$108K	25x
MEXC BRETT_USDTshort	+0.0100%	4h	0.005832	+0.069%	$12.5M	$208K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005822	−0.103%	$327K	$73K	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	0.005825	−0.051%	$1.4M	$621K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005824	−0.069%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005789	−0.661%	$52K	$102K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1391%	1h	0.005835	+0.119%	$44K	$70K	10x	as long as short