Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.028%

Price spread now: OKX against Gate+0.051%7-day average +0.185% · you sell dearer than you buy

Net, funding: paid 7d − costs−$700as in the Funding arb table

Net, price: spread back to 7d avg − costs−$716as in the Price arb table

costs, in and out, $10k−$7037.026% of the position

Long on Gate 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)+0.265%+$26 · spread now +0.051%, 7d avg +0.185%

Together, before fees+0.296%+$30 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 0.134% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.185%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BRETT_USDT	0.005832	0.0100	pay 0.0050% / 4h	1h 41m	$433K	$109K	25x
Short	OKX BRETT-USDT-SWAP	0.005835	0.0100	get 0.0050% / 4h	1h 41m	$134K	$273K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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 GatebpFee OKXbpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → +0.185%: −$13.36
Slippage, 4 orders: −$677.63
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$715.99
Costs to cover: 7.026%
Break-even: never at this rate

Slippage from Gate: live order book, 19 min ago; OKX: live order book, 18 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 Gate live order book, 19 min ago	11.11 bp	207.4 bp −$207	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 18 min ago	10.25 bp	72.5 bp −$73	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	0.005835	+0.051%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.120%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0097%	4h	0.005840	+0.137%	$58K	$182K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005838	+0.103%	$317K	$255K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005830	−0.034%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005823	−0.154%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAPshort	+0.0100%	4h	0.005835	+0.051%	$134K	$273K	10x
Gate BRETT_USDTlong	+0.0100%	4h	0.005832	long leg	$433K	$109K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005833	+0.017%	$12.4M	$205K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005831	−0.017%	$308K	$86K	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BRETTUSDT	+0.0100%	4h	0.005824	−0.137%	$1.4M	$601K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005832	0.000%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005803	−0.498%	$43K	$104K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1800%	1h	0.005843	+0.192%	$43K	$76K	10x	as long as short