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: Gate against Bitget+0.068%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$692as in the Funding arb table

Net, price: spread back to 7d avg − costs−$687as in the Price arb table

costs, in and out, $10k−$6926.921% of the position

Long on Bitget 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)−0.103%−$10 · spread now +0.068%, 7d avg +0.021%

Together, before fees−0.103%−$10 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 0.046% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRETTUSDT	0.005925	0.0100	pay 0.0050% / 4h	3h 09m	$1.4M	$631K	50x
Short	Gate BRETT_USDT	0.005929	0.0100	get 0.0050% / 4h	3h 09m	$440K	$109K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.068%Rate

Funding earned: $0
Price spread: +0.068% → +0.021%: $4.65
Slippage, 4 orders: −$665.06
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$687.41
Costs to cover: 6.921%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 61 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, 2 min ago	6.77 bp	40.0 bp −$40	255.6 bp −$2,556	doesn't fit	doesn't fit
Sell Gate live order book, 61 min ago	10.27 bp	316.4 bp −$316	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	0.005926	+0.017%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−1.451%	$61	$854	5.5x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005945	+0.343%	$1.3M	$2.5M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005931	+0.101%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005956	+0.523%	$135K	$264K	10x	as long as short
Gate BRETT_USDTshort	+0.0100%	4h	0.005929	+0.068%	$440K	$109K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005944	+0.321%	$12.7M	$213K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005924	−0.017%	$318K	$85K	30x	as long as short
Bitget BRETTUSDTlong	+0.0100%	4h	0.005925	long leg	$1.4M	$631K	50x
BingX BRETT-USDT	+0.0100%	4h	0.005929	+0.068%	—	$1.4M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005916	−0.160%	$44K	$114K	—	as long as short
BloFin BRETT-USDT	+0.0107%	4h	0.005938	+0.219%	$58K	$187K	50x	as long as short
Hyperliquid BRETT	+0.0367%	1h	0.005951	+0.439%	$323K	$253K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.1036%	1h	0.005934	+0.148%	$48K	$73K	10x	as long as short