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: Gate against Bybit+0.104%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,215as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,204as in the Price arb table

costs, in and out, $10k−$1,21512.145% of the position

Long on Bybit 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)−0.133%−$13 · spread now +0.104%, 7d avg 0.000%

Together, before fees−0.133%−$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: Gate is 0.104% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BRETTUSDT	0.005790	0.0100	pay 0.0050% / 4h	2h 06m	$2.1M	$1.8M	25x
Short	Gate BRETT_USDT	0.005796	0.0100	get 0.0050% / 4h	2h 06m	$433K	$109K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.104%Rate

Funding earned: $0
Price spread: +0.104% → 0.000%: $10.39
Slippage, 4 orders: −$1,188.53
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,204.14
Costs to cover: 12.145%
Break-even: never at this rate

Slippage from Bybit: live order book, just now; Gate: live order book, 14 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, just now	6.91 bp	41.7 bp −$42	204.5 bp −$2,045	doesn't fit	doesn't fit
Sell Gate live order book, 14 min ago	8.57 bp	402.8 bp −$403	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	0.005788	−0.035%	—	—	100x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005792	+0.035%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDTlong	+0.0100%	4h	0.005790	long leg	$2.1M	$1.8M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005790	0.000%	$132K	$255K	10x	as long as short
Gate BRETT_USDTshort	+0.0100%	4h	0.005796	+0.104%	$433K	$109K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005803	+0.225%	$12.4M	$212K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005811	+0.363%	$325K	$72K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005785	−0.086%	$1.4M	$623K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005794	+0.069%	—	$1.3M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005815	+0.430%	$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	+0.0104%	4h	0.005837	+0.812%	$58K	$178K	50x	as long as short
Hyperliquid BRETT	+0.0705%	1h	0.005809	+0.328%	$340K	$212K	3x	as long as short
Injective BRETT/USDC PERP	+0.0825%	1h	0.005839	+0.846%	$61	$854	5.5x	as long as short
Kraken Futures PF_BRETTUSD	+0.1062%	1h	0.005800	+0.168%	$44K	$70K	10x	as long as short