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: Binance against Bybit−0.034%7-day average +0.113% · you buy dearer than you sell

Net, funding: paid 7d − costs−$144as in the Funding arb table

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

costs, in and out, $10k−$1441.442% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.134%+$13 · spread now −0.034%, 7d avg +0.113%

Together, before fees+0.134%+$13 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 0.148% cheaper against Bybit than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BRETTUSDT	0.005916	0.0100	pay 0.0050% / 4h	3h 30m	$2.1M	$1.8M	25x
Short	Binance BRETTUSDT	0.005914	0.0100	get 0.0050% / 4h	3h 30m	$1.2M	$2.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.034%Rate

Funding earned: $0
Price spread: −0.034% → +0.113%: −$14.76
Slippage, 4 orders: −$123.19
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$158.94
Costs to cover: 1.442%
Break-even: never at this rate

Slippage from Bybit: 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 Bybit live order book, 1 min ago	6.75 bp	35.2 bp −$35	152.1 bp −$1,521	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	3.38 bp	34.8 bp −$35	128.4 bp −$1,284	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	0.005903	−0.220%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−1.302%	$61	$854	5.5x	as long as short
Binance BRETTUSDTshort	+0.0100%	4h	0.005914	−0.034%	$1.2M	$2.5M	50x
Bybit BRETTUSDTlong	+0.0100%	4h	0.005916	long leg	$2.1M	$1.8M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005923	+0.118%	$134K	$261K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005910	−0.101%	$439K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005913	−0.051%	$12.6M	$212K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005905	−0.186%	$314K	$81K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005903	−0.220%	$1.4M	$640K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005916	0.000%	—	$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	0.005913	−0.058%	$56K	$102K	—	as long as short
BloFin BRETT-USDT	+0.0153%	4h	0.005926	+0.169%	$58K	$187K	50x	as long as short
Hyperliquid BRETT	+0.0256%	1h	0.005915	−0.017%	$319K	$253K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.1043%	1h	0.005897	−0.317%	$48K	$73K	10x	as long as short