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: Bybit against Bitget+0.051%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$169as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1691.693% of the position

Long on Bitget 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−0.193%−$19 · spread now +0.051%, 7d avg +0.003%

Together, before fees−0.193%−$19 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 0.048% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRETTUSDT	0.005838	0.0100	pay 0.0050% / 4h	2h 20m	$1.4M	$623K	50x
Short	Bybit BRETTUSDT	0.005841	0.0100	get 0.0050% / 4h	2h 20m	$2.1M	$1.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → +0.003%: $4.84
Slippage, 4 orders: −$146.31
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$164.46
Costs to cover: 1.693%
Break-even: never at this rate

Slippage from Bitget: live order book, 6 min ago; Bybit: 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 Bitget live order book, 6 min ago	7.71 bp	37.1 bp −$37	242.0 bp −$2,420	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	5.14 bp	43.8 bp −$44	187.5 bp −$1,875	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	0.005839	+0.017%	—	—	100x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005850	+0.206%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDTshort	+0.0100%	4h	0.005841	+0.051%	$2.1M	$1.8M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005856	+0.308%	$134K	$257K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005832	−0.103%	$437K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005852	+0.240%	$12.5M	$210K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005832	−0.103%	$326K	$72K	30x	as long as short
Bitget BRETTUSDTlong	+0.0100%	4h	0.005838	long leg	$1.4M	$623K	50x
BingX BRETT-USDT	+0.0100%	4h	0.005844	+0.103%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005840	+0.031%	$53K	$102K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BRETT-USDT	+0.0151%	4h	0.005854	+0.274%	$58K	$172K	50x	as long as short
Hyperliquid BRETT	+0.0612%	1h	0.005861	+0.394%	$341K	$210K	3x	as long as short
Injective BRETT/USDC PERP	+0.0825%	1h	0.005839	+0.017%	$61	$854	5.5x	as long as short
Kraken Futures PF_BRETTUSD	+0.1053%	1h	0.005851	+0.224%	$44K	$70K	10x	as long as short