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: Gate against MEXC−0.190%7-day average −0.121% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,166as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,173as in the Price arb table

costs, in and out, $10k−$1,16611.659% of the position

Long on MEXC Short on Gate

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)+0.038%+$4 · spread now −0.190%, 7d avg −0.121%

Together, before fees+0.038%+$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: Gate is 0.068% cheaper against MEXC than usual: you would sell low and buy high, −$7 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	MEXC BRETT_USDT	0.005804	0.0100	pay 0.0050% / 4h	1h 22m	$12.4M	$210K	200x
Short	Gate BRETT_USDT	0.005793	0.0100	get 0.0050% / 4h	1h 22m	$433K	$108K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.190%Rate

Funding earned: $0
Price spread: −0.190% → −0.121%: −$6.81
Slippage, 4 orders: −$1,150.87
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,172.68
Costs to cover: 11.659%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 58 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, 5 min ago	5.17 bp	15.7 bp −$16	137.6 bp −$1,376	289.8 bp −$29.0K	312.2 bp −$156.1K
Sell Gate live order book, 58 min ago	8.57 bp	402.8 bp −$403	doesn't fit	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	0.005790	−0.241%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.603%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0089%	4h	0.005799	−0.086%	$57K	$163K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005808	+0.069%	$308K	$241K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005804	0.000%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005792	−0.207%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005809	+0.086%	$131K	$258K	10x	as long as short
Gate BRETT_USDTshort	+0.0100%	4h	0.005793	−0.190%	$433K	$108K	25x
MEXC BRETT_USDTlong	+0.0100%	4h	0.005804	long leg	$12.4M	$210K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005805	+0.017%	$326K	$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	0.005791	−0.224%	$1.4M	$629K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005803	−0.017%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005793	−0.193%	$52K	$102K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1399%	1h	0.005801	−0.053%	$44K	$70K	10x	as long as short