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: Bitget against MEXC−0.211%7-day average −0.139% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$173as in the Price arb table

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

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.008%+$1 · spread now −0.211%, 7d avg −0.139%

Together, before fees+0.008%+$1 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: Bitget is 0.072% cheaper against MEXC than usual: you would sell low and buy high, −$7 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	MEXC BRETT_USDT	0.005692	0.0100	pay 0.0050% / 4h	2h 28m	$12.0M	$233K	200x
Short	Bitget BRETTUSDT	0.005680	0.0100	get 0.0050% / 4h	2h 28m	$1.3M	$610K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now −0.211%Rate

Funding earned: $0
Price spread: −0.211% → −0.139%: −$7.21
Slippage, 4 orders: −$153.5
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$172.71
Costs to cover: 1.655%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Bitget: 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 MEXC live order book, 5 min ago	2.63 bp	22.4 bp −$22	172.3 bp −$1,723	291.0 bp −$29.1K	311.1 bp −$155.5K
Sell Bitget live order book, 3 min ago	9.67 bp	70.5 bp −$70	244.6 bp −$2,446	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	0.005693	+0.018%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+2.583%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0063%	4h	0.005715	+0.404%	$57K	$216K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005685	−0.123%	$1.2M	$2.8M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005683	−0.158%	$2.1M	$2.1M	25x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005687	−0.088%	$411K	$113K	25x	as long as short
MEXC BRETT_USDTlong	+0.0100%	4h	0.005692	long leg	$12.0M	$233K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005719	+0.474%	$283K	$112K	30x	as long as short
Bitget BRETTUSDTshort	+0.0100%	4h	0.005680	−0.211%	$1.3M	$610K	50x
Variational Omni BRETT	+0.0100%	4h	0.005691	−0.015%	$42K	$105K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDT	+0.0112%	4h	0.005689	−0.053%	—	$1.4M	—	as long as short
Hyperliquid BRETT	+0.0152%	1h	0.005702	+0.176%	$312K	$276K	3x	as long as short
OKX BRETT-USDT-SWAP	+0.0175%	4h	0.005698	+0.105%	$141K	$341K	10x	as long as short
Kraken Futures PF_BRETTUSD	+0.1684%	1h	0.005695	+0.050%	$39K	$89K	10x	as long as short