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 MEXC+0.188%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$211as in the Funding arb table

Net, price: spread back to 7d avg − costs−$201as in the Price arb table

costs, in and out, $10k−$2142.137% of the position

Long on MEXC 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)−0.050%−$5 · spread now +0.188%, 7d avg +0.065%

Together, before fees−0.019%−$2 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 0.123% dearer against MEXC than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BRETT_USDT	0.005855	0.0100	pay 0.0050% / 4h	47m 05s	$12.5M	$207K	200x
Short	OKX BRETT-USDT-SWAP	0.005866	0.0100	get 0.0050% / 4h	47m 05s	$132K	$259K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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 MEXCbpFee OKXbpOrdersPrice spread, now +0.188%Rate

Funding earned: $0
Price spread: +0.188% → +0.065%: $12.33
Slippage, 4 orders: −$203.65
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$201.32
Costs to cover: 2.137%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; OKX: live order book, 28 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 MEXC live order book, 1 min ago	4.26 bp	17.5 bp −$18	157.1 bp −$1,571	283.4 bp −$28.3K	302.1 bp −$151.0K
Sell OKX live order book, 28 min ago	7.74 bp	79.2 bp −$79	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	0.005841	−0.239%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.273%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005866	+0.188%	$309K	$243K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005856	+0.010%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005851	−0.068%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAPshort	+0.0100%	4h	0.005866	+0.188%	$132K	$259K	10x
Gate BRETT_USDT	+0.0100%	4h	0.005857	+0.034%	$437K	$108K	25x	as long as short
MEXC BRETT_USDTlong	+0.0100%	4h	0.005855	long leg	$12.5M	$207K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005871	+0.273%	$329K	$74K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005847	−0.137%	$1.4M	$637K	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	0.005859	+0.068%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005867	+0.210%	$59K	$108K	—	as long as short
BloFin BRETT-USDT	+0.0153%	4h	0.005852	−0.051%	$57K	$166K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.1337%	1h	0.005856	+0.024%	$44K	$70K	10x	as long as short