Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against MEXC−0.169%7-day average −0.137% · you buy dearer than you sell

Net, funding: paid 7d − costs−$193as in the Funding arb table

Net, price: spread back to 7d avg − costs−$196as in the Price arb table

costs, in and out, $10k−$1931.930% of the position

Long on MEXC 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+0.035%+$4 · spread now −0.169%, 7d avg −0.137%

Together, before fees+0.035%+$4 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 0.032% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.137%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BRETT_USDT	0.005920	0.0100	pay 0.0050% / 4h	3h 12m	$12.6M	$210K	200x
Short	Bitget BRETTUSDT	0.005910	0.0100	get 0.0050% / 4h	3h 12m	$1.4M	$584K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now −0.169%Rate

Funding earned: $0
Price spread: −0.169% → −0.137%: −$3.22
Slippage, 4 orders: −$180.99
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$196.21
Costs to cover: 1.930%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 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 MEXC live order book, 1 min ago	3.37 bp	31.8 bp −$32	189.4 bp −$1,894	292.1 bp −$29.2K	308.0 bp −$154.0K
Sell Bitget live order book, 4 min ago	11.82 bp	73.5 bp −$73	236.2 bp −$2,362	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	0.005906	−0.236%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−1.368%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0064%	4h	0.005925	+0.084%	$59K	$209K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005918	−0.034%	$1.2M	$2.7M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005909	−0.186%	$2.1M	$2.0M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005929	+0.152%	$150K	$301K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005911	−0.152%	$427K	$109K	25x	as long as short
MEXC BRETT_USDTlong	+0.0100%	4h	0.005920	long leg	$12.6M	$210K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005931	+0.186%	$290K	$105K	30x	as long as short
Bitget BRETTUSDTshort	+0.0100%	4h	0.005910	−0.169%	$1.4M	$584K	50x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDT	+0.0100%	4h	0.005915	−0.084%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005923	+0.050%	$44K	$105K	—	as long as short
Hyperliquid BRETT	+0.0248%	1h	0.005927	+0.118%	$322K	$270K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.0638%	1h	0.005919	−0.011%	$45K	$77K	10x	as long as short