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 Binance−0.239%7-day average −0.125% · you buy dearer than you sell

Net, funding: paid 7d − costs−$289as in the Funding arb table

Net, price: spread back to 7d avg − costs−$300as in the Price arb table

costs, in and out, $10k−$2892.889% of the position

Long on Binance 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+0.082%+$8 · spread now −0.239%, 7d avg −0.125%

Together, before fees+0.082%+$8 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 0.114% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.125%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BRETTUSDT	0.005821	0.0100	pay 0.0050% / 4h	1h 32m	$1.2M	$2.9M	50x
Short	Bitget BRETTUSDT	0.005807	0.0100	get 0.0050% / 4h	1h 32m	$1.4M	$613K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.239%Rate

Funding earned: $0
Price spread: −0.239% → −0.125%: −$11.4
Slippage, 4 orders: −$266.87
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$300.28
Costs to cover: 2.889%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 4 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	2.58 bp	35.2 bp −$35	177.7 bp −$1,777	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	9.48 bp	107.3 bp −$107	270.9 bp −$2,709	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	0.005803	−0.308%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.311%	$61	$854	5.5x	as long as short
Binance BRETTUSDTlong	+0.0100%	4h	0.005821	long leg	$1.2M	$2.9M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005809	−0.204%	$2.1M	$2.1M	25x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005811	−0.170%	$420K	$112K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005819	−0.033%	$12.3M	$233K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005811	−0.170%	$276K	$113K	30x	as long as short
Bitget BRETTUSDTshort	+0.0100%	4h	0.005807	−0.239%	$1.4M	$613K	50x
Variational Omni BRETT	+0.0100%	4h	0.005802	−0.316%	$43K	$105K	—	as long as short
Hyperliquid BRETT	+0.0121%	1h	0.005827	+0.105%	$312K	$282K	3x	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	+0.0135%	4h	0.005814	−0.119%	$57K	$208K	50x	as long as short
BingX BRETT-USDT	+0.0466%	4h	0.005814	−0.119%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAP	+0.0499%	4h	0.005829	+0.139%	$146K	$370K	10x	as long as short
Kraken Futures PF_BRETTUSD	+0.1219%	1h	0.005811	−0.168%	$40K	$91K	10x	as long as short