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 MEXC−0.168%7-day average −0.137% · you buy dearer than you sell

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs−$186as in the Price arb table

costs, in and out, $10k−$1831.832% of the position

Long on MEXC 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 7 days+0.034%+$3 · spread now −0.168%, 7d avg −0.137%

Together, before fees+0.034%+$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: Bitget is 0.031% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.137%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BRETT_USDT	0.005947	0.0100	pay 0.0050% / 4h	3h 28m	$12.7M	$208K	200x
Short	Bitget BRETTUSDT	0.005937	0.0100	get 0.0050% / 4h	3h 28m	$1.4M	$579K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now −0.168%Rate

Funding earned: $0
Price spread: −0.168% → −0.137%: −$3.14
Slippage, 4 orders: −$171.25
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$186.39
Costs to cover: 1.832%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 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 MEXC live order book, 5 min ago	2.51 bp	7.2 bp −$7	123.7 bp −$1,237	285.9 bp −$28.6K	311.8 bp −$155.9K
Sell Bitget live order book, 3 min ago	9.20 bp	51.1 bp −$51	243.7 bp −$2,437	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	0.005932	−0.252%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−1.816%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005970	+0.387%	$324K	$268K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005949	+0.036%	$1.2M	$2.7M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005938	−0.151%	$2.2M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005960	+0.219%	$152K	$297K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005940	−0.118%	$429K	$109K	25x	as long as short
MEXC BRETT_USDTlong	+0.0100%	4h	0.005947	long leg	$12.7M	$208K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005951	+0.067%	$292K	$104K	30x	as long as short
Bitget BRETTUSDTshort	+0.0100%	4h	0.005937	−0.168%	$1.4M	$579K	50x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDT	+0.0100%	4h	0.005947	0.000%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005978	+0.520%	$44K	$105K	—	as long as short
BloFin BRETT-USDT	+0.0114%	4h	0.005965	+0.303%	$59K	$211K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.0635%	1h	0.005950	+0.052%	$46K	$77K	10x	as long as short