Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%

Price spread now: MEXC against OKX−0.187%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$264as in the Funding arb table

Net, price: spread back to 7d avg − costs−$273as in the Price arb table

costs, in and out, $10k−$2602.604% of the position

Long on OKX Short on MEXC

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)+0.062%+$6 · spread now −0.187%, 7d avg −0.063%

Together, before fees+0.031%+$3 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: MEXC is 0.124% cheaper against OKX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BRETT-USDT-SWAP	0.005888	0.0100	pay 0.0050% / 4h	3h 01m	$150K	$301K	10x
Short	MEXC BRETT_USDT	0.005877	0.0100	get 0.0050% / 4h	3h 01m	$12.5M	$210K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.187%Rate

Funding earned: $0
Price spread: −0.187% → −0.063%: −$12.38
Slippage, 4 orders: −$250.43
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$272.81
Costs to cover: 2.604%
Break-even: never at this rate

Slippage from OKX: live order book, 49 min ago; MEXC: live order book, 2 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, 49 min ago	10.01 bp	98.8 bp −$99	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	5.09 bp	33.2 bp −$33	193.6 bp −$1,936	296.0 bp −$29.6K	310.7 bp −$155.3K

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	0.005868	−0.340%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.832%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0095%	4h	0.005867	−0.357%	$58K	$211K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005881	−0.116%	$1.2M	$2.7M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005876	−0.204%	$2.1M	$2.0M	25x	as long as short
OKX BRETT-USDT-SWAPlong	+0.0100%	4h	0.005888	long leg	$150K	$301K	10x
Gate BRETT_USDT	+0.0100%	4h	0.005876	−0.204%	$425K	$109K	25x	as long as short
MEXC BRETT_USDTshort	+0.0100%	4h	0.005877	−0.187%	$12.5M	$210K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005896	+0.136%	$289K	$105K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005878	−0.170%	$1.4M	$584K	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	0.005881	−0.119%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005904	+0.271%	$44K	$105K	—	as long as short
Hyperliquid BRETT	+0.0344%	1h	0.005884	−0.068%	$320K	$270K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.0642%	1h	0.005883	−0.083%	$45K	$77K	10x	as long as short