Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.005%

Price spread now: Injective against MEXC+0.069%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 0.069% dearer against MEXC than usual: you sell high and buy low (spread +0.069% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BRETT_USDT	0.005835	0.0100	pay 0.0050% / 4h	18m 52s	$12.5M	$209K	200x
Short	Injective BRETT/USDC PERP	0.005839	0.0033	get 0.0004% / 1h	18m 52s	$61	$854	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now +0.069%Rate

Funding earned: −$14
Price spread: +0.069% → 0.000%: $6.86
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$7.16
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: MEXC: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.

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, 4 min ago	5.14 bp	18.9 bp −$19	159.4 bp −$1,594	285.5 bp −$28.6K	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.005825	−0.171%	—	—	100x	as long as short
Injective BRETT/USDC PERPshort	+0.0033%	1h	0.005839	+0.069%	$61	$854	5.5x
Hyperliquid BRETT	+0.0100%	1h	0.005844	+0.154%	$309K	$248K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005835	0.000%	$1.2M	$2.5M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005829	−0.103%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005835	0.000%	$131K	$259K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005831	−0.069%	$436K	$109K	25x	as long as short
MEXC BRETT_USDTlong	+0.0100%	4h	0.005835	long leg	$12.5M	$209K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005842	+0.120%	$313K	$79K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005823	−0.206%	$1.4M	$641K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDT	+0.0100%	4h	0.005832	−0.051%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005830	−0.082%	$59K	$108K	—	as long as short
BloFin BRETT-USDT	+0.0127%	4h	0.005862	+0.463%	$58K	$178K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.1343%	1h	0.005831	−0.072%	$44K	$70K	10x	as long as short