Funding you earn now, next payment 08:00 UTC−0.0080%/8h= −8.7% APRnext payment −$0.40 per $10,000 · paid last 24h −0.028%
Price spread now: Gate against OKX−0.245%7-day average −0.186% · you buy dearer than you sell
Net, funding: paid 7d − costs−$893as in the Funding arb table
Net, price: spread back to 7d avg − costs−$895as in the Price arb table
costs, in and out, $10k−$8898.895% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.245%, 7d avg −0.186%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.059% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.186%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BRETT-USDT-SWAP | 0.005708 | 0.0180 | pay 0.0090% / 4h | 2h 29m | $141K | $343K | 10x |
| Short | Gate BRETT_USDT | 0.005694 | 0.0100 | get 0.0050% / 4h | 2h 29m | $412K | $113K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$16.76
- Price spread: −0.245% → −0.186%
- −$5.88
- Slippage, 4 orders
- −$864.45
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$912.09
- Costs to cover
- 8.895%
- Break-even
- never at this rate
Slippage from OKX: live order book, 16 min ago; Gate: live order book, 16 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, 16 min ago | 7.66 bp | 50.5 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 16 min ago | 3.41 bp | 525.1 bp −$525 | 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 | 0.005693 | −0.263% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +2.295% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDT | +0.0063% | 4h | 0.005715 | +0.123% | $57K | $216K | 50x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005700 | −0.140% | $1.2M | $2.8M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005692 | −0.280% | $2.1M | $2.1M | 25x | as long as short |
| Gate BRETT_USDTshort | +0.0100% | 4h | 0.005694 | −0.245% | $412K | $113K | 25x | |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005702 | −0.105% | $12.1M | $233K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005718 | +0.175% | $282K | $112K | 30x | as long as short |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005690 | −0.315% | $1.3M | $611K | 50x | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005691 | −0.296% | $42K | $105K | — | 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 | +0.0112% | 4h | 0.005697 | −0.193% | — | $1.4M | — | as long as short |
| Hyperliquid BRETT | +0.0166% | 1h | 0.005710 | +0.035% | $313K | $276K | 3x | as long as short |
| OKX BRETT-USDT-SWAPlong | +0.0180% | 4h | 0.005708 | long leg | $141K | $343K | 10x | |
| Kraken Futures PF_BRETTUSD | +0.1684% | 1h | 0.005695 | −0.230% | $39K | $89K | 10x | as long as short |
OKX BRETT-USDT-SWAP
Gate BRETT_USDT
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
BloFin BRETT-USDT
Binance BRETTUSDT
Bybit BRETTUSDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDT
Variational Omni BRETT
BingX BRETT-USDT
Hyperliquid BRETT
Kraken Futures PF_BRETTUSD