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 +0.028%

Price spread now: BingX against Gate+0.136%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$658as in the Funding arb table

Net, price: spread back to 7d avg − costs−$654as in the Price arb table

costs, in and out, $10k−$6616.614% of the position

Long on Gate 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 4 days (all we have)−0.052%−$5 · spread now +0.136%, 7d avg +0.065%

Together, before fees−0.023%−$2 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 0.071% dearer against Gate than usual: you sell high and buy low, +$7 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	Gate BRETT_USDT	0.005876	0.0100	pay 0.0050% / 4h	3h 56m	$437K	$108K	25x
Short	BingX BRETT-USDT	0.005884	0.0100	get 0.0050% / 4h	3h 56m	—	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.136%Rate

Funding earned: $0
Price spread: +0.136% → +0.065%: $7.1
Slippage, 4 orders: −$636.37
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$654.27
Costs to cover: 6.614%
Break-even: never at this rate

Slippage from Gate: live order book, 14 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 Gate live order book, 14 min ago	10.27 bp	271.5 bp −$271	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	11.13 bp	36.4 bp −$36	93.8 bp −$938	583.7 bp −$58.4K	854.7 bp −$427.3K

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	0.005878	+0.034%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.630%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0067%	4h	0.005893	+0.289%	$57K	$182K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005889	+0.221%	$311K	$250K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005887	+0.187%	$1.2M	$2.5M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005874	−0.034%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005881	+0.085%	$132K	$261K	10x	as long as short
Gate BRETT_USDTlong	+0.0100%	4h	0.005876	long leg	$437K	$108K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005884	+0.136%	$12.6M	$208K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005868	−0.136%	$315K	$79K	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	0.005874	−0.034%	$1.4M	$644K	50x	as long as short
BingX BRETT-USDTshort	+0.0100%	4h	0.005884	+0.136%	—	$1.4M	—
Variational Omni BRETT	+0.0100%	4h	0.005885	+0.157%	$59K	$108K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1047%	1h	0.005875	−0.017%	$47K	$73K	10x	as long as short