BRETT arbitrage explained
Right now Brett (BRETT) trades on 9 venues we scan: 9 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.005402 and the highest bid on MEXC perp at $0.005414.
The widest BRETT perpetual spread is between Bybit and MEXC: long BRETT on Bybit at $0.005402 and short on MEXC at $0.005414 for +0.22% gross, or +0.06% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best BRETT route is to buy spot on Bybit and short the perpetual on MEXC: +0.07% gross, -0.13% net, with +0.030% a day of funding on the short leg.
Spot–spot BRETT arbitrage (buy on Bybit, withdraw, deposit and sell on Gate) shows -0.09% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small BRETT gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: BRETT funding rates · BRETT spread charts · Brett price · arbitrage scanner for all coins.