Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.028%

Price spread now: BingX against Bybit+0.155%7-day average +0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$143as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1461.459% of the position

Long on Bybit Short on BingX

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−0.091%−$9 · spread now +0.155%, 7d avg +0.076%

Together, before fees−0.062%−$6 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: BingX is 0.079% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BRETTUSDT	0.005807	0.0100	pay 0.0050% / 4h	30m 56s	$2.1M	$1.8M	25x
Short	BingX BRETT-USDT	0.005816	0.0100	get 0.0050% / 4h	30m 56s	—	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.155%Rate

Funding earned: $0
Price spread: +0.155% → +0.076%: $7.9
Slippage, 4 orders: −$124.88
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$137.98
Costs to cover: 1.459%
Break-even: never at this rate

Slippage from Bybit: live order book, 8 min ago; BingX: live order book, 13 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, 8 min ago	6.01 bp	42.7 bp −$43	197.9 bp −$1,979	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	7.70 bp	36.2 bp −$36	99.6 bp −$996	612.3 bp −$61.2K	900.5 bp −$450.2K

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	0.005810	+0.052%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005389	−7.198%	$791	$5K	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005821	+0.241%	$316K	$193K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005808	+0.019%	$1.2M	$2.3M	50x	as long as short
Bybit BRETTUSDTlong	+0.0100%	4h	0.005807	long leg	$2.1M	$1.8M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005820	+0.224%	$132K	$262K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005805	−0.034%	$435K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005816	+0.155%	$12.4M	$200K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005809	+0.034%	$331K	$73K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005801	−0.103%	$1.4M	$672K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDTshort	+0.0100%	4h	0.005816	+0.155%	—	$1.4M	—
Variational Omni BRETT	+0.0100%	4h	0.005798	−0.154%	$52K	$127K	—	as long as short
BloFin BRETT-USDT	+0.0130%	4h	0.005829	+0.379%	$60K	$162K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.0277%	1h	0.005816	+0.154%	$35K	$61K	10x	as long as short