BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.002%

Price spread now: BingX against OKX−0.359%7-day average −0.118% · you buy dearer than you sell

Net, funding: paid 7d − costs−$203as in the Funding arb table

Net, price: spread back to 7d avg − costs−$227as in the Price arb table

costs, in and out, $10k−$2032.027% of the position

Long on OKX Short on BingX

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)+0.162%+$16 · spread now −0.359%, 7d avg −0.118%

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.241% cheaper against OKX than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.118%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BRETT-USDT-SWAP	0.005845	0.0445	pay 0.0222% / 4h	1h 48m	$147K	$364K	10x
Short	BingX BRETT-USDT	0.005824	0.0408	get 0.0204% / 4h	1h 48m	—	$1.4M	—

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

Position, each leg$Hold fordaysFee OKXbpFee BingXbpOrdersPrice spread, now −0.359%Rate

Funding earned: −$7.68
Price spread: −0.359% → −0.118%: −$24.1
Slippage, 4 orders: −$182.7
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$234.49
Costs to cover: 2.027%
Break-even: never at this rate

Slippage from OKX: live order book, 57 min ago; BingX: 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, 57 min ago	7.66 bp	50.5 bp −$50	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	10.27 bp	41.7 bp −$42	136.9 bp −$1,369	630.9 bp −$63.1K	964.3 bp −$482.2K

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	0.005816	−0.496%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.103%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0059%	4h	0.005838	−0.120%	$57K	$220K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005838	−0.120%	$313K	$283K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005835	−0.171%	$1.2M	$2.9M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005827	−0.308%	$2.1M	$2.1M	25x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005824	−0.359%	$421K	$112K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005829	−0.274%	$12.3M	$232K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005845	0.000%	$284K	$111K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005819	−0.445%	$1.4M	$610K	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	0.005807	−0.658%	$43K	$105K	—	as long as short
BingX BRETT-USDTshort	+0.0408%	4h	0.005824	−0.359%	—	$1.4M	—
OKX BRETT-USDT-SWAPlong	+0.0445%	4h	0.005845	long leg	$147K	$364K	10x
Kraken Futures PF_BRETTUSD	+0.1216%	1h	0.005825	−0.341%	$40K	$91K	10x	as long as short