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: MEXC against Bybit−0.052%7-day average +0.128% · you buy dearer than you sell

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$970.965% of the position

Long on Bybit 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+0.031%+$3 · spread now −0.052%, 7d avg +0.128%

Together, before fees+0.031%+$3 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 0.180% cheaper against Bybit than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.128%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BRETTUSDT	0.005816	0.0100	pay 0.0050% / 4h	11m 29s	$2.2M	$2.3M	25x
Short	MEXC BRETT_USDT	0.005813	0.0100	get 0.0050% / 4h	11m 29s	$12.3M	$236K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → +0.128%: −$18
Slippage, 4 orders: −$85.5
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: −$114.5
Costs to cover: 0.965%
Break-even: never at this rate

Slippage from Bybit: live order book, just now; 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 Bybit live order book, just now	6.89 bp	26.2 bp −$26	130.6 bp −$1,306	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	4.28 bp	17.8 bp −$18	155.1 bp −$1,551	290.7 bp −$29.1K	313.0 bp −$156.5K

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	0.005813	−0.052%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.395%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0096%	4h	0.005848	+0.550%	$57K	$207K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005813	−0.051%	$1.2M	$3.0M	50x	as long as short
Bybit BRETTUSDTlong	+0.0100%	4h	0.005816	long leg	$2.2M	$2.3M	25x
Gate BRETT_USDT	+0.0100%	4h	0.005817	+0.017%	$422K	$111K	25x	as long as short
MEXC BRETT_USDTshort	+0.0100%	4h	0.005813	−0.052%	$12.3M	$236K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005820	+0.069%	$280K	$118K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005821	+0.086%	$1.4M	$607K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005803	−0.230%	$43K	$105K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid BRETT	+0.0235%	1h	0.005812	−0.069%	$314K	$290K	3x	as long as short
BingX BRETT-USDT	+0.0590%	4h	0.005822	+0.103%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAP	+0.0617%	4h	0.005820	+0.069%	$148K	$406K	10x	as long as short
Kraken Futures PF_BRETTUSD	+0.1298%	1h	0.005816	+0.003%	$39K	$105K	10x	as long as short