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 Gate+0.035%7-day average +0.120% · you sell dearer than you buy

Net, funding: paid 7d − costs−$913as in the Funding arb table

Net, price: spread back to 7d avg − costs−$922as in the Price arb table

costs, in and out, $10k−$9139.133% of the position

Long on Gate 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 4 days (all we have)+0.143%+$14 · spread now +0.035%, 7d avg +0.120%

Together, before fees+0.143%+$14 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 0.085% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.120%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BRETT_USDT	0.005744	0.0100	pay 0.0050% / 4h	3h 31m	$417K	$106K	25x
Short	MEXC BRETT_USDT	0.005746	0.0100	get 0.0050% / 4h	3h 31m	$12.2M	$235K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.035%Rate

Funding earned: $0
Price spread: +0.035% → +0.120%: −$8.53
Slippage, 4 orders: −$898.29
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$921.82
Costs to cover: 9.133%
Break-even: never at this rate

Slippage from Gate: live order book, 64 min ago; MEXC: live order book, 1 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, 64 min ago	9.47 bp	451.9 bp −$452	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	3.47 bp	16.4 bp −$16	157.4 bp −$1,574	289.3 bp −$28.9K	306.2 bp −$153.1K

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	0.005741	−0.052%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+1.654%	$61	$854	5.5x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005746	+0.035%	$1.2M	$3.0M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005736	−0.139%	$2.1M	$2.3M	25x	as long as short
Gate BRETT_USDTlong	+0.0100%	4h	0.005744	long leg	$417K	$106K	25x
MEXC BRETT_USDTshort	+0.0100%	4h	0.005746	+0.035%	$12.2M	$235K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005746	+0.035%	$278K	$116K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005740	−0.070%	$1.3M	$604K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005764	+0.349%	$43K	$105K	—	as long as short
BloFin BRETT-USDT	+0.0123%	4h	0.005748	+0.070%	$56K	$203K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid BRETT	+0.0285%	1h	0.005751	+0.122%	$311K	$290K	3x	as long as short
OKX BRETT-USDT-SWAP	+0.0382%	4h	0.005741	−0.052%	$145K	$414K	10x	as long as short
BingX BRETT-USDT	+0.0390%	4h	0.005743	−0.017%	—	$1.4M	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1524%	1h	0.005744	+0.004%	$38K	$105K	10x	as long as short