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 Binance−0.170%7-day average −0.116% · you buy dearer than you sell

Net, funding: paid 7d − costs−$154as in the Funding arb table

Net, price: spread back to 7d avg − costs−$159as in the Price arb table

costs, in and out, $10k−$1541.537% of the position

Long on Binance 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 7 days+0.018%+$2 · spread now −0.170%, 7d avg −0.116%

Together, before fees+0.018%+$2 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 0.054% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.116%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BRETTUSDT	0.005851	0.0100	pay 0.0050% / 4h	1h 11m	$1.2M	$2.6M	50x
Short	Bybit BRETTUSDT	0.005841	0.0100	get 0.0050% / 4h	1h 11m	$2.1M	$1.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.170%Rate

Funding earned: $0
Price spread: −0.170% → −0.116%: −$5.4
Slippage, 4 orders: −$132.75
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$159.15
Costs to cover: 1.537%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; Bybit: live order book, just now.

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 Binance live order book, 9 min ago	5.96 bp	39.3 bp −$39	271.8 bp −$2,718	doesn't fit	doesn't fit
Sell Bybit live order book, just now	5.13 bp	30.6 bp −$31	161.5 bp −$1,615	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	0.005845	−0.101%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.204%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005857	+0.104%	$318K	$256K	3x	as long as short
Binance BRETTUSDTlong	+0.0100%	4h	0.005851	long leg	$1.2M	$2.6M	50x
Bybit BRETTUSDTshort	+0.0100%	4h	0.005841	−0.170%	$2.1M	$1.9M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005860	+0.155%	$134K	$274K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005842	−0.152%	$433K	$110K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005850	−0.016%	$12.5M	$207K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005857	+0.104%	$310K	$86K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005837	−0.238%	$1.4M	$588K	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	0.005847	−0.067%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005862	+0.187%	$43K	$104K	—	as long as short
BloFin BRETT-USDT	+0.0104%	4h	0.005861	+0.172%	$58K	$184K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.1801%	1h	0.005840	−0.181%	$43K	$76K	10x	as long as short