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: Bybit against MEXC−0.087%7-day average −0.128% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$950.949% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.118%+$12 · spread now −0.087%, 7d avg −0.128%

Together, before fees+0.118%+$12 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: Bybit is 0.041% dearer against MEXC than usual: you sell high and buy low, +$4 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	MEXC BRETT_USDT	0.005734	0.0100	pay 0.0050% / 4h	3h 30m	$12.1M	$235K	200x
Short	Bybit BRETTUSDT	0.005729	0.0100	get 0.0050% / 4h	3h 30m	$2.1M	$2.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.087%Rate

Funding earned: $0
Price spread: −0.087% → −0.128%: $4.11
Slippage, 4 orders: −$83.95
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$90.84
Costs to cover: 0.949%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Bybit: 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 MEXC live order book, 3 min ago	3.47 bp	19.2 bp −$19	136.4 bp −$1,364	286.8 bp −$28.7K	306.6 bp −$153.3K
Sell Bybit live order book, 1 min ago	6.11 bp	31.0 bp −$31	130.8 bp −$1,308	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	0.005731	−0.052%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+1.831%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0100%	4h	0.005745	+0.192%	$56K	$203K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005736	+0.032%	$1.2M	$3.0M	50x	as long as short
Bybit BRETTUSDTshort	+0.0100%	4h	0.005729	−0.087%	$2.1M	$2.3M	25x
Gate BRETT_USDT	+0.0100%	4h	0.005735	+0.017%	$416K	$106K	25x	as long as short
MEXC BRETT_USDTlong	+0.0100%	4h	0.005734	long leg	$12.1M	$235K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005733	−0.017%	$277K	$116K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005734	0.000%	$1.3M	$604K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005732	−0.034%	$42K	$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	+0.0297%	1h	0.005741	+0.122%	$310K	$290K	3x	as long as short
OKX BRETT-USDT-SWAP	+0.0366%	4h	0.005740	+0.105%	$145K	$414K	10x	as long as short
BingX BRETT-USDT	+0.0398%	4h	0.005733	−0.017%	—	$1.4M	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1526%	1h	0.005735	+0.021%	$38K	$105K	10x	as long as short