BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.003%

Price spread now: OKX against BloFin+0.034%7-day average +0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs−$289as in the Funding arb table

Net, price: spread back to 7d avg − costs−$278as in the Price arb table

costs, in and out, $10k−$2722.725% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.167%−$17 on $10k

Price spread, last 4 days (all we have)+0.458%+$46 · spread now +0.034%, 7d avg +0.086%

Together, before fees+0.291%+$29 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.052% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.086%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BRETT-USDT	0.005895	0.0141	pay 0.0070% / 4h	2h 54m	$59K	$221K	50x
Short	OKX BRETT-USDT-SWAP	0.005897	0.0100	get 0.0050% / 4h	2h 54m	$150K	$303K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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 BloFinbpFee OKXbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$8.51
Price spread: +0.034% → +0.086%: −$5.23
Slippage, 4 orders: −$250.45
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$286.2
Costs to cover: 2.725%
Break-even: never at this rate

Slippage from BloFin: live order book, 26 min ago; OKX: live order book, 56 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 BloFin live order book, 26 min ago	6.74 bp	33.3 bp −$33	113.5 bp −$1,135	doesn't fit	doesn't fit
Sell OKX live order book, 56 min ago	10.01 bp	100.5 bp −$101	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	0.005874	−0.356%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.950%	$61	$854	5.5x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005885	−0.167%	$1.2M	$2.7M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005878	−0.288%	$2.1M	$2.0M	25x	as long as short
OKX BRETT-USDT-SWAPshort	+0.0100%	4h	0.005897	+0.034%	$150K	$303K	10x
Gate BRETT_USDT	+0.0100%	4h	0.005874	−0.356%	$425K	$107K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005886	−0.153%	$12.5M	$207K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005889	−0.102%	$288K	$106K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005878	−0.288%	$1.4M	$590K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005886	−0.153%	—	$1.4M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005892	−0.043%	$43K	$105K	—	as long as short
BloFin BRETT-USDTlong	+0.0141%	4h	0.005895	long leg	$59K	$221K	50x
Hyperliquid BRETT	+0.0552%	1h	0.005895	0.000%	$320K	$269K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.1629%	1h	0.005885	−0.174%	$45K	$77K	10x	as long as short