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: Bitget against BingX−0.154%7-day average −0.083% · you buy dearer than you sell

Net, funding: paid 7d − costs−$254as in the Funding arb table

Net, price: spread back to 7d avg − costs−$258as in the Price arb table

costs, in and out, $10k−$2512.507% of the position

Long on BingX Short on Bitget

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+0.087%+$9 · spread now −0.154%, 7d avg −0.083%

Together, before fees+0.058%+$6 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 BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BRETT-USDT	0.005834	0.0100	pay 0.0050% / 4h	1h 34m	—	$1.4M	—
Short	Bitget BRETTUSDT	0.005825	0.0100	get 0.0050% / 4h	1h 34m	$1.4M	$596K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now −0.154%Rate

Funding earned: $0
Price spread: −0.154% → −0.083%: −$7.15
Slippage, 4 orders: −$228.68
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$257.83
Costs to cover: 2.507%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; Bitget: live order book, 2 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 BingX live order book, 11 min ago	0.86 bp	32.9 bp −$33	141.4 bp −$1,414	679.8 bp −$68.0K	913.5 bp −$456.8K
Sell Bitget live order book, 2 min ago	9.46 bp	72.7 bp −$73	270.1 bp −$2,701	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	0.005824	−0.171%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.086%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0074%	4h	0.005826	−0.137%	$58K	$181K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005830	−0.069%	$317K	$256K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005828	−0.103%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005825	−0.154%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005845	+0.189%	$134K	$274K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005827	−0.120%	$433K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005843	+0.154%	$12.5M	$206K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005822	−0.206%	$307K	$86K	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BRETTUSDTshort	+0.0100%	4h	0.005825	−0.154%	$1.4M	$596K	50x
BingX BRETT-USDTlong	+0.0100%	4h	0.005834	long leg	—	$1.4M	—
Variational Omni BRETT	+0.0100%	4h	0.005819	−0.251%	$43K	$104K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1803%	1h	0.005834	+0.008%	$43K	$76K	10x	as long as short