Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bitget+0.241%7-day average +0.136% · you sell dearer than you buy

Net, funding: paid 7d − costs−$270as in the Funding arb table

Net, price: spread back to 7d avg − costs−$260as in the Price arb table

costs, in and out, $10k−$2702.705% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.128%−$13 · spread now +0.241%, 7d avg +0.136%

Together, before fees−0.128%−$13 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: MEXC is 0.105% dearer against Bitget than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.136%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRETTUSDT	0.005803	0.0100	pay 0.0050% / 4h	2h 56m	$1.4M	$565K	50x
Short	MEXC BRETT_USDT	0.005817	0.0100	get 0.0050% / 4h	2h 56m	$12.3M	$227K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.241%Rate

Funding earned: $0
Price spread: +0.241% → +0.136%: $10.51
Slippage, 4 orders: −$258.49
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$259.98
Costs to cover: 2.705%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; MEXC: 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 Bitget live order book, 5 min ago	10.32 bp	140.2 bp −$140	304.5 bp −$3,045	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.58 bp	19.0 bp −$19	156.5 bp −$1,565	291.8 bp −$29.2K	311.4 bp −$155.7K

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	0.005808	+0.086%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.620%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005817	+0.241%	$315K	$295K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005810	+0.121%	$1.2M	$2.9M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005800	−0.052%	$2.1M	$2.2M	25x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005814	+0.190%	$422K	$97K	25x	as long as short
MEXC BRETT_USDTshort	+0.0100%	4h	0.005817	+0.241%	$12.3M	$227K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005819	+0.276%	$282K	$112K	30x	as long as short
Bitget BRETTUSDTlong	+0.0100%	4h	0.005803	long leg	$1.4M	$565K	50x
Variational Omni BRETT	+0.0100%	4h	0.005813	+0.171%	$43K	$99K	—	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	+0.0108%	4h	0.005826	+0.396%	$57K	$206K	50x	as long as short
OKX BRETT-USDT-SWAP	+0.0267%	4h	0.005806	+0.052%	$145K	$421K	10x	as long as short
BingX BRETT-USDT	+0.0290%	4h	0.005813	+0.172%	—	$1.4M	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1297%	1h	0.005814	+0.183%	$39K	$105K	10x	as long as short