BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0390%/8h= −42.7% APRnext payment −$1.95 per $10,000 · paid last 24h −0.028%

Price spread now: Binance against OKX−0.011%7-day average −0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs−$159as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1561.558% of the position

Long on OKX Short on Binance

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)−0.129%−$13 · spread now −0.011%, 7d avg −0.071%

Together, before fees−0.160%−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.060% dearer against OKX than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.071%): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.031% in total) that is about 13 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.031% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BRETT-USDT-SWAP	0.005838	0.0490	pay 0.0245% / 4h	1h 37m	$146K	$368K	10x
Short	Binance BRETTUSDT	0.005837	0.0100	get 0.0050% / 4h	1h 37m	$1.2M	$2.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.011%Rate

Funding earned: −$81.9
Price spread: −0.011% → −0.071%: $5.99
Slippage, 4 orders: −$135.84
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$231.75
Costs to cover: 1.558%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Binance: live order book, 13 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 OKX live order book, 3 min ago	8.58 bp	43.1 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	4.28 bp	41.3 bp −$41	158.3 bp −$1,583	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	0.005825	−0.223%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.017%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0051%	4h	0.005842	+0.069%	$57K	$209K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005845	+0.120%	$313K	$281K	3x	as long as short
Binance BRETTUSDTshort	+0.0100%	4h	0.005837	−0.011%	$1.2M	$2.9M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005824	−0.240%	$2.1M	$2.1M	25x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005825	−0.223%	$421K	$112K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005837	−0.017%	$12.3M	$232K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005843	+0.086%	$278K	$113K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005820	−0.308%	$1.4M	$613K	50x	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	0.005828	−0.163%	$43K	$105K	—	as long as short
BingX BRETT-USDT	+0.0442%	4h	0.005829	−0.154%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAPlong	+0.0490%	4h	0.005838	long leg	$146K	$368K	10x
Kraken Futures PF_BRETTUSD	+0.1216%	1h	0.005826	−0.212%	$40K	$91K	10x	as long as short