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 +0.027%

Price spread now: BingX against Binance−0.086%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$162as in the Funding arb table

Net, price: spread back to 7d avg − costs−$169as in the Price arb table

costs, in and out, $10k−$1641.645% of the position

Long on Binance 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+0.024%+$2 · spread now −0.086%, 7d avg −0.040%

Together, before fees+0.054%+$5 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 0.047% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BRETTUSDT	0.005871	0.0100	pay 0.0050% / 4h	2h 03m	$1.2M	$2.6M	50x
Short	BingX BRETT-USDT	0.005866	0.0100	get 0.0050% / 4h	2h 03m	—	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now −0.086%Rate

Funding earned: $0
Price spread: −0.086% → −0.040%: −$4.66
Slippage, 4 orders: −$144.49
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$169.16
Costs to cover: 1.645%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; BingX: live order book, 12 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 Binance live order book, 2 min ago	2.55 bp	34.8 bp −$35	242.0 bp −$2,420	doesn't fit	doesn't fit
Sell BingX live order book, 12 min ago	9.44 bp	41.7 bp −$42	108.6 bp −$1,086	602.0 bp −$60.2K	875.7 bp −$437.9K

BRETT on 13 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	0.005860	−0.189%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.546%	$61	$854	5.5x	as long as short
Binance BRETTUSDTlong	+0.0100%	4h	0.005871	long leg	$1.2M	$2.6M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005857	−0.240%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005878	+0.118%	$134K	$271K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005863	−0.137%	$434K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005876	+0.084%	$12.5M	$212K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005861	−0.172%	$310K	$87K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005858	−0.223%	$1.4M	$601K	50x	as long as short
BingX BRETT-USDTshort	+0.0100%	4h	0.005866	−0.086%	—	$1.4M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005814	−0.972%	$43K	$105K	—	as long as short
Hyperliquid BRETT	+0.0192%	1h	0.005883	+0.203%	$320K	$253K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.1522%	1h	0.005869	−0.031%	$44K	$75K	10x	as long as short