Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bitget+0.228%7-day average +0.139% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$157as in the Price arb table

costs, in and out, $10k−$1661.655% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.025%−$3 · spread now +0.228%, 7d avg +0.139%

Together, before fees−0.025%−$3 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: MEXC is 0.089% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.139%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRETTUSDT	0.005698	0.0100	pay 0.0050% / 4h	2h 30m	$1.3M	$611K	50x
Short	MEXC BRETT_USDT	0.005711	0.0100	get 0.0050% / 4h	2h 30m	$12.1M	$229K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.228%Rate

Funding earned: $0
Price spread: +0.228% → +0.139%: $8.94
Slippage, 4 orders: −$153.5
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$156.56
Costs to cover: 1.655%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; MEXC: live order book, 3 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, 1 min ago	9.67 bp	48.8 bp −$49	303.0 bp −$3,030	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.63 bp	23.9 bp −$24	183.5 bp −$1,835	290.8 bp −$29.1K	309.7 bp −$154.9K

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	0.005700	+0.035%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+2.475%	$61	$854	5.5x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005714	+0.287%	$1.2M	$2.8M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005694	−0.070%	$2.1M	$2.1M	25x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005693	−0.088%	$412K	$113K	25x	as long as short
MEXC BRETT_USDTshort	+0.0100%	4h	0.005711	+0.228%	$12.1M	$229K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005719	+0.369%	$282K	$112K	30x	as long as short
Bitget BRETTUSDTlong	+0.0100%	4h	0.005698	long leg	$1.3M	$611K	50x
Variational Omni BRETT	+0.0100%	4h	0.005691	−0.121%	$42K	$105K	—	as long as short
BingX BRETT-USDT	+0.0112%	4h	0.005699	+0.018%	—	$1.4M	—	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	+0.0143%	4h	0.005706	+0.140%	$58K	$216K	50x	as long as short
OKX BRETT-USDT-SWAP	+0.0162%	4h	0.005719	+0.369%	$141K	$343K	10x	as long as short
Hyperliquid BRETT	+0.0174%	1h	0.005719	+0.369%	$313K	$276K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.1681%	1h	0.005704	+0.102%	$39K	$89K	10x	as long as short