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 0.000%

Price spread now: Gate against Binance−0.274%7-day average −0.116% · you buy dearer than you sell

Net, funding: paid 7d − costs−$639as in the Funding arb table

Net, price: spread back to 7d avg − costs−$655as in the Price arb table

costs, in and out, $10k−$6396.389% of the position

Long on Binance 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)+0.017%+$2 · spread now −0.274%, 7d avg −0.116%

Together, before fees+0.017%+$2 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 0.158% cheaper against Binance than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.116%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BRETTUSDT	0.005842	0.0100	pay 0.0050% / 4h	1h 32m	$1.2M	$2.6M	50x
Short	Gate BRETT_USDT	0.005826	0.0100	get 0.0050% / 4h	1h 32m	$433K	$109K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.274%Rate

Funding earned: $0
Price spread: −0.274% → −0.116%: −$15.81
Slippage, 4 orders: −$613.88
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$654.69
Costs to cover: 6.389%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; Gate: live order book, 29 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, 3 min ago	5.13 bp	39.0 bp −$39	281.4 bp −$2,814	doesn't fit	doesn't fit
Sell Gate live order book, 29 min ago	11.11 bp	344.1 bp −$344	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	0.005831	−0.188%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.051%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005845	+0.051%	$318K	$256K	3x	as long as short
Binance BRETTUSDTlong	+0.0100%	4h	0.005842	long leg	$1.2M	$2.6M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005832	−0.171%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005845	+0.051%	$134K	$274K	10x	as long as short
Gate BRETT_USDTshort	+0.0100%	4h	0.005826	−0.274%	$433K	$109K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005840	−0.034%	$12.5M	$206K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005837	−0.086%	$308K	$86K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005822	−0.342%	$1.4M	$596K	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-USDT	+0.0100%	4h	0.005833	−0.154%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005819	−0.387%	$43K	$104K	—	as long as short
BloFin BRETT-USDT	+0.0116%	4h	0.005845	+0.051%	$58K	$182K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.1804%	1h	0.005831	−0.194%	$43K	$76K	10x	as long as short