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: Gate against Bitget+0.240%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,085as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,063as in the Price arb table

costs, in and out, $10k−$1,08510.845% of the position

Long on Bitget 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)−0.283%−$28 · spread now +0.240%, 7d avg +0.023%

Together, before fees−0.283%−$28 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 0.216% dearer against Bitget than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRETTUSDT	0.005840	0.0100	pay 0.0050% / 4h	40m 44s	$1.4M	$609K	50x
Short	Gate BRETT_USDT	0.005854	0.0100	get 0.0050% / 4h	40m 44s	$424K	$111K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.240%Rate

Funding earned: $0
Price spread: +0.240% → +0.023%: $21.63
Slippage, 4 orders: −$1,057.54
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,062.91
Costs to cover: 10.845%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 60 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, 1 min ago	11.96 bp	163.7 bp −$164	307.1 bp −$3,071	doesn't fit	doesn't fit
Sell Gate live order book, 60 min ago	8.59 bp	354.7 bp −$355	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	0.005850	+0.171%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.017%	$61	$854	5.5x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005854	+0.240%	$1.2M	$3.0M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005843	+0.051%	$2.2M	$2.3M	25x	as long as short
Gate BRETT_USDTshort	+0.0100%	4h	0.005854	+0.240%	$424K	$111K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005855	+0.257%	$12.4M	$234K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005859	+0.325%	$282K	$118K	30x	as long as short
Bitget BRETTUSDTlong	+0.0100%	4h	0.005840	long leg	$1.4M	$609K	50x
Variational Omni BRETT	+0.0100%	4h	0.005854	+0.246%	$43K	$105K	—	as long as short
Hyperliquid BRETT	+0.0103%	1h	0.005860	+0.342%	$315K	$291K	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	+0.0110%	4h	0.005870	+0.514%	$57K	$213K	50x	as long as short
BingX BRETT-USDT	+0.0654%	4h	0.005851	+0.188%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAP	+0.0721%	4h	0.005853	+0.223%	$148K	$402K	10x	as long as short
Kraken Futures PF_BRETTUSD	+0.1288%	1h	0.005863	+0.398%	$39K	$105K	10x	as long as short