Settings8H · net · $10k
Funding arb · Price arb /

BREV

all BREV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.152%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1491.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.152%, 7d avg +0.054%
Together, before fees−0.035%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.097% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BREV-USDT-SWAP0.092350.0061pay 0.0030% / 4h1h 59m$532K$878K20x
ShortBingX BREV-USDT0.092490.0100get 0.0050% / 4h1h 59m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$8.2
Price spread: +0.152% → +0.054%
$9.72
Slippage, 4 orders
−$129.19
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$131.26
Costs to cover
1.492%
Break-even
119.0 days
Slippage from OKX: live order book, 47 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 47 min ago7.22 bp40.1 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago7.53 bp42.4 bp −$42177.4 bp −$1,7741024.3 bp −$102.4K1431.8 bp −$715.9K

BREV on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BREV-USDT-SWAPlong+0.0061%4h0.09235long leg$532K$878K20x
Aster BREVUSDT+0.0100%4h0.09242+0.076%$16K$3K5xas long as short
Binance BREVUSDT+0.0100%4h0.09238+0.032%$1.7M$2.7M50xas long as short
Bybit BREVUSDT+0.0100%4h0.09233−0.022%$554K$715K50xas long as short
Gate BREV_USDT+0.0100%8h0.09220−0.162%$49K$66K50xas long as short
MEXC BREV_USDT+0.0100%4h0.09244+0.097%$3.7M$169K20xas long as short
KuCoin BREVUSDTM+0.0100%4h0.09240+0.054%$465K$57K50xas long as short
Bitget BREVUSDT+0.0100%4h0.09251+0.173%$462K$196K20xas long as short
BingX BREV-USDTshort+0.0100%4h0.09249+0.152%$2.3M
Variational Omni BREV+0.0100%4h0.09212−0.246%$181$105as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BREV-USDT+0.0100%4h0.09240+0.054%$2K$1.8M20xas long as short