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 −0.027%

Price spread now: Binance against BingX+0.017%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$175as in the Funding arb table

Net, price: spread back to 7d avg − costs−$174as in the Price arb table

costs, in and out, $10k−$1721.722% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 7 days+0.045%+$4 · spread now +0.017%, 7d avg +0.040%

Together, before fees+0.015%+$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: Binance is 0.023% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BRETT-USDT	0.005849	0.0100	pay 0.0050% / 4h	2h 00m	—	$1.4M	—
Short	Binance BRETTUSDT	0.005850	0.0100	get 0.0050% / 4h	2h 00m	$1.2M	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → +0.040%: −$2.26
Slippage, 4 orders: −$152.21
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$174.48
Costs to cover: 1.722%
Break-even: never at this rate

Slippage from BingX: live order book, 1 min ago; Binance: live order book, 5 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 BingX live order book, 1 min ago	11.10 bp	41.9 bp −$42	126.3 bp −$1,263	652.5 bp −$65.2K	908.8 bp −$454.4K
Sell Binance live order book, 5 min ago	2.55 bp	46.8 bp −$47	179.9 bp −$1,799	doesn't fit	doesn't fit

BRETT on 13 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	0.005840	−0.154%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.171%	$61	$854	5.5x	as long as short
Binance BRETTUSDTshort	+0.0100%	4h	0.005850	+0.017%	$1.2M	$2.6M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005846	−0.051%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005857	+0.137%	$134K	$269K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005851	+0.034%	$433K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005850	+0.017%	$12.5M	$212K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005863	+0.239%	$310K	$87K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005841	−0.137%	$1.4M	$597K	50x	as long as short
BingX BRETT-USDTlong	+0.0100%	4h	0.005849	long leg	—	$1.4M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005851	+0.042%	$43K	$104K	—	as long as short
Hyperliquid BRETT	+0.0163%	1h	0.005862	+0.222%	$319K	$254K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.1526%	1h	0.005851	+0.027%	$44K	$75K	10x	as long as short