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: Gate against MEXC−0.052%7-day average −0.120% · you buy dearer than you sell

Net, funding: paid 7d − costs−$917as in the Funding arb table

Net, price: spread back to 7d avg − costs−$910as in the Price arb table

costs, in and out, $10k−$9179.173% of the position

Long on MEXC Short on Gate

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)−0.126%−$13 · spread now −0.052%, 7d avg −0.120%

Together, before fees−0.126%−$13 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: Gate is 0.068% dearer against MEXC than usual: you sell high and buy low, +$7 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	MEXC BRETT_USDT	0.005753	0.0100	pay 0.0050% / 4h	3h 33m	$12.2M	$235K	200x
Short	Gate BRETT_USDT	0.005750	0.0100	get 0.0050% / 4h	3h 33m	$417K	$106K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → −0.120%: $6.8
Slippage, 4 orders: −$902.27
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$910.47
Costs to cover: 9.173%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 62 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	3.45 bp	15.9 bp −$16	133.9 bp −$1,339	289.9 bp −$29.0K	312.2 bp −$156.1K
Sell Gate live order book, 62 min ago	9.47 bp	425.8 bp −$426	doesn't fit	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	0.005742	−0.191%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+1.495%	$61	$854	5.5x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005752	−0.024%	$1.2M	$3.0M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005741	−0.209%	$2.1M	$2.3M	25x	as long as short
Gate BRETT_USDTshort	+0.0100%	4h	0.005750	−0.052%	$417K	$106K	25x
MEXC BRETT_USDTlong	+0.0100%	4h	0.005753	long leg	$12.2M	$235K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005747	−0.104%	$278K	$116K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005743	−0.174%	$1.3M	$604K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005764	+0.192%	$43K	$105K	—	as long as short
BloFin BRETT-USDT	+0.0123%	4h	0.005748	−0.087%	$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	+0.0282%	1h	0.005766	+0.226%	$312K	$289K	3x	as long as short
OKX BRETT-USDT-SWAP	+0.0390%	4h	0.005753	0.000%	$146K	$415K	10x	as long as short
BingX BRETT-USDT	+0.0390%	4h	0.005746	−0.122%	—	$1.4M	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1523%	1h	0.005748	−0.092%	$38K	$105K	10x	as long as short