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: Bitget against Gate−0.069%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$907as in the Funding arb table

Net, price: spread back to 7d avg − costs−$911as in the Price arb table

costs, in and out, $10k−$9079.066% of the position

Long on Gate Short on Bitget

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)+0.109%+$11 · spread now −0.069%, 7d avg −0.023%

Together, before fees+0.109%+$11 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: Bitget is 0.046% cheaper against Gate than usual: you would sell low and buy high, −$5 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	Gate BRETT_USDT	0.005756	0.0100	pay 0.0050% / 4h	2h 18m	$416K	$113K	25x
Short	Bitget BRETTUSDT	0.005752	0.0100	get 0.0050% / 4h	2h 18m	$1.3M	$614K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → −0.023%: −$4.63
Slippage, 4 orders: −$879.59
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$911.22
Costs to cover: 9.066%
Break-even: never at this rate

Slippage from Gate: live order book, 28 min ago; Bitget: live order book, 3 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, 28 min ago	3.41 bp	250.0 bp −$250	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	7.87 bp	58.9 bp −$59	223.1 bp −$2,231	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	0.005760	+0.069%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+1.442%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005771	+0.261%	$311K	$282K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005769	+0.226%	$1.2M	$2.8M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005762	+0.104%	$2.1M	$2.1M	25x	as long as short
Gate BRETT_USDTlong	+0.0100%	4h	0.005756	long leg	$416K	$113K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005774	+0.313%	$12.2M	$236K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005778	+0.382%	$282K	$112K	30x	as long as short
Bitget BRETTUSDTshort	+0.0100%	4h	0.005752	−0.069%	$1.3M	$614K	50x
Variational Omni BRETT	+0.0100%	4h	0.005730	−0.452%	$42K	$105K	—	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	+0.0106%	4h	0.005747	−0.156%	$56K	$217K	50x	as long as short
BingX BRETT-USDT	+0.0212%	4h	0.005769	+0.226%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAP	+0.0274%	4h	0.005780	+0.417%	$144K	$352K	10x	as long as short
Kraken Futures PF_BRETTUSD	+0.1663%	1h	0.005766	+0.173%	$40K	$91K	10x	as long as short