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: OKX against MEXC+0.186%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$252as in the Funding arb table

Net, price: spread back to 7d avg − costs−$243as in the Price arb table

costs, in and out, $10k−$2552.555% 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)−0.061%−$6 · spread now +0.186%, 7d avg +0.063%

Together, before fees−0.030%−$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: 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 +0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BRETT_USDT	0.005906	0.0100	pay 0.0050% / 4h	3h 07m	$12.6M	$210K	200x
Short	OKX BRETT-USDT-SWAP	0.005917	0.0100	get 0.0050% / 4h	3h 07m	$150K	$300K	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 +0.186%Rate

Funding earned: $0
Price spread: +0.186% → +0.063%: $12.32
Slippage, 4 orders: −$245.47
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$243.15
Costs to cover: 2.555%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; OKX: live order book, 43 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, 6 min ago	3.37 bp	31.8 bp −$32	189.4 bp −$1,894	292.1 bp −$29.2K	308.0 bp −$154.0K
Sell OKX live order book, 43 min ago	10.01 bp	100.5 bp −$101	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	0.005890	−0.271%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−1.134%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0076%	4h	0.005922	+0.271%	$58K	$209K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005908	+0.042%	$1.2M	$2.7M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005893	−0.220%	$2.1M	$2.0M	25x	as long as short
OKX BRETT-USDT-SWAPshort	+0.0100%	4h	0.005917	+0.186%	$150K	$300K	10x
Gate BRETT_USDT	+0.0100%	4h	0.005897	−0.152%	$426K	$109K	25x	as long as short
MEXC BRETT_USDTlong	+0.0100%	4h	0.005906	long leg	$12.6M	$210K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005916	+0.169%	$290K	$105K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005898	−0.135%	$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	0.005906	0.000%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005910	+0.066%	$44K	$105K	—	as long as short
Hyperliquid BRETT	+0.0299%	1h	0.005915	+0.152%	$321K	$269K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.0639%	1h	0.005906	+0.001%	$45K	$77K	10x	as long as short