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

BRETT

all BRETT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.002%
Price spread now: OKX against BingX+0.275%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$2032.027% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.275%, 7d avg +0.118%
Together, before fees−0.076%−$8 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 OKX is 0.156% dearer against BingX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.118%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BRETT-USDT0.0058230.0408pay 0.0204% / 4h1h 48m$1.4M
ShortOKX BRETT-USDT-SWAP0.0058390.0444get 0.0222% / 4h1h 48m$147K$363K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BingX. 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
$7.61
Price spread: +0.275% → +0.118%
$15.65
Slippage, 4 orders
−$182.7
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$179.44
Costs to cover
2.027%
Break-even
172.0 days
Slippage from BingX: live order book, 12 min ago; OKX: live order book, 56 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 BingX live order book, 12 min ago10.27 bp46.7 bp −$47138.1 bp −$1,381597.8 bp −$59.8K892.5 bp −$446.2K
Sell OKX live order book, 56 min ago7.66 bp63.9 bp −$64doesn't fitdoesn't fitdoesn't fit

BRETT on 14 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
GMX BRETT/USD [ETH-USDC]L 0.0000% / S 0.0000%1h0.005811−0.206%100xas long as short
Injective BRETT/USDC PERP+0.0033%1h0.005839+0.275%$61$8545.5xas long as short
BloFin BRETT-USDT+0.0059%4h0.005838+0.258%$57K$220K50xas long as short
Hyperliquid BRETT+0.0100%1h0.005838+0.258%$313K$283K3xas long as short
Binance BRETTUSDT+0.0100%4h0.005828+0.083%$1.2M$2.9M50xas long as short
Bybit BRETTUSDT+0.0100%4h0.005818−0.086%$2.1M$2.1M25xas long as short
Gate BRETT_USDT+0.0100%4h0.005822−0.017%$421K$112K25xas long as short
MEXC BRETT_USDT+0.0100%4h0.005831+0.137%$12.3M$232K200xas long as short
KuCoin BRETTUSDTM+0.0100%4h0.005842+0.326%$284K$111K30xas long as short
Bitget BRETTUSDT+0.0100%4h0.005815−0.137%$1.4M$610K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BRETT+0.0100%4h0.005807−0.283%$43K$105Kas long as short
BingX BRETT-USDTlong+0.0408%4h0.005823long leg$1.4M
OKX BRETT-USDT-SWAPshort+0.0444%4h0.005839+0.275%$147K$363K10x
Kraken Futures PF_BRETTUSD+0.1218%1h0.005815−0.137%$40K$91K10xas long as short