Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%

Price spread now: OKX against Bitget+0.274%7-day average +0.205% · you sell dearer than you buy

Net, funding: paid 7d − costs−$242as in the Funding arb table

Net, price: spread back to 7d avg − costs−$238as in the Price arb table

costs, in and out, $10k−$2452.453% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.274%, 7d avg +0.205%

Together, before fees+0.004%$0 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: OKX is 0.069% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.205%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRETTUSDT	0.005844	0.0100	pay 0.0050% / 4h	2h 44m	$1.4M	$623K	50x
Short	OKX BRETT-USDT-SWAP	0.005860	0.0100	get 0.0050% / 4h	2h 44m	$134K	$258K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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 BitgetbpFee OKXbpOrdersPrice spread, now +0.274%Rate

Funding earned: $0
Price spread: +0.274% → +0.205%: $6.89
Slippage, 4 orders: −$223.31
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$238.41
Costs to cover: 2.453%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 41 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 Bitget live order book, 2 min ago	5.99 bp	39.2 bp −$39	241.0 bp −$2,410	doesn't fit	doesn't fit
Sell OKX live order book, 41 min ago	6.83 bp	81.0 bp −$81	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	0.005844	0.000%	—	—	100x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005856	+0.199%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005849	+0.086%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAPshort	+0.0100%	4h	0.005860	+0.274%	$134K	$258K	10x
Gate BRETT_USDT	+0.0100%	4h	0.005849	+0.086%	$437K	$108K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005854	+0.171%	$12.5M	$209K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005847	+0.051%	$327K	$73K	30x	as long as short
Bitget BRETTUSDTlong	+0.0100%	4h	0.005844	long leg	$1.4M	$623K	50x
BingX BRETT-USDT	+0.0100%	4h	0.005850	+0.103%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005847	+0.052%	$53K	$102K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BRETT-USDT	+0.0109%	4h	0.005852	+0.137%	$59K	$171K	50x	as long as short
Hyperliquid BRETT	+0.0694%	1h	0.005861	+0.291%	$340K	$210K	3x	as long as short
Injective BRETT/USDC PERP	+0.0825%	1h	0.005839	−0.086%	$61	$854	5.5x	as long as short
Kraken Futures PF_BRETTUSD	+0.1052%	1h	0.005854	+0.175%	$44K	$70K	10x	as long as short