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 Bitget+0.241%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$246as in the Funding arb table

Net, price: spread back to 7d avg − costs−$233as in the Price arb table

costs, in and out, $10k−$2492.493% of the position

Long on Bitget 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−0.174%−$17 · spread now +0.241%, 7d avg +0.083%

Together, before fees−0.145%−$14 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 0.159% dearer against Bitget than usual: you sell high and buy low, +$16 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	Bitget BRETTUSDT	0.005800	0.0100	pay 0.0050% / 4h	1h 36m	$1.4M	$596K	50x
Short	BingX BRETT-USDT	0.005814	0.0100	get 0.0050% / 4h	1h 36m	—	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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 BitgetbpFee BingXbpOrdersPrice spread, now +0.241%Rate

Funding earned: $0
Price spread: +0.241% → +0.083%: $15.86
Slippage, 4 orders: −$227.28
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$233.42
Costs to cover: 2.493%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; BingX: live order book, 9 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 Bitget live order book, 5 min ago	7.74 bp	61.0 bp −$61	290.4 bp −$2,904	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	0.86 bp	67.0 bp −$67	129.3 bp −$1,293	583.0 bp −$58.3K	832.3 bp −$416.1K

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	0.005801	+0.017%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.672%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0059%	4h	0.005819	+0.328%	$58K	$181K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005816	+0.276%	$316K	$255K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005814	+0.236%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005803	+0.052%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005816	+0.276%	$133K	$272K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005814	+0.241%	$432K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005815	+0.259%	$12.4M	$206K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005829	+0.500%	$308K	$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 BRETTUSDTlong	+0.0100%	4h	0.005800	long leg	$1.4M	$596K	50x
BingX BRETT-USDTshort	+0.0100%	4h	0.005814	+0.241%	—	$1.4M	—
Variational Omni BRETT	+0.0100%	4h	0.005829	+0.498%	$43K	$104K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1810%	1h	0.005809	+0.158%	$43K	$76K	10x	as long as short