Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%

Price spread now: Gate against BingX+0.069%7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,206as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,190as in the Price arb table

costs, in and out, $10k−$1,20312.034% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.069%, 7d avg −0.065%

Together, before fees−0.171%−$17 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 0.134% dearer against BingX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BRETT-USDT	0.005784	0.0100	pay 0.0050% / 4h	1h 30m	—	$1.4M	—
Short	Gate BRETT_USDT	0.005788	0.0100	get 0.0050% / 4h	1h 30m	$432K	$108K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → −0.065%: $13.38
Slippage, 4 orders: −$1,178.36
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,189.98
Costs to cover: 12.034%
Break-even: never at this rate

Slippage from BingX: live order book, 1 min ago; Gate: live order book, 50 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, 1 min ago	10.36 bp	35.5 bp −$35	110.6 bp −$1,106	640.6 bp −$64.1K	957.8 bp −$478.9K
Sell Gate live order book, 50 min ago	8.57 bp	402.8 bp −$403	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	0.005782	−0.035%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.951%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0048%	4h	0.005801	+0.294%	$57K	$163K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005794	+0.173%	$310K	$238K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005787	+0.057%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005783	−0.017%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005795	+0.190%	$131K	$257K	10x	as long as short
Gate BRETT_USDTshort	+0.0100%	4h	0.005788	+0.069%	$432K	$108K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005787	+0.052%	$12.4M	$209K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005804	+0.346%	$326K	$74K	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BRETTUSDT	+0.0100%	4h	0.005780	−0.069%	$1.4M	$626K	50x	as long as short
BingX BRETT-USDTlong	+0.0100%	4h	0.005784	long leg	—	$1.4M	—
Variational Omni BRETT	+0.0100%	4h	0.005812	+0.481%	$53K	$102K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1400%	1h	0.005793	+0.164%	$44K	$70K	10x	as long as short