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

BREV

all BREV markets
SwapBacktest
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 0.000%
Price spread now: Bitget against BingX+0.067%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1621.619% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.067%, 7d avg −0.007%
Together, before fees−0.114%−$11 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: Bitget is 0.074% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BREV-USDT0.089350.0100pay 0.0050% / 4h3h 01m$2.3M
ShortBitget BREVUSDT0.089410.0100get 0.0050% / 4h3h 01m$453K$154K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: +0.067% → −0.007%
$7.37
Slippage, 4 orders
−$139.95
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$154.58
Costs to cover
1.619%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Bitget: live order book, 45 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, 2 min ago5.59 bp43.8 bp −$44171.6 bp −$1,716861.9 bp −$86.2K1251.1 bp −$625.6K
Sell Bitget live order book, 45 min ago9.55 bp41.3 bp −$41343.1 bp −$3,431doesn't fitdoesn't fit

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-SWAP+0.0051%4h0.08929−0.067%$530K$673K20xas long as short
Aster BREVUSDT+0.0098%4h0.089350.000%$15K$4K5xas long as short
Binance BREVUSDT+0.0100%4h0.08930−0.051%$1.6M$2.3M50xas long as short
Bybit BREVUSDT+0.0100%4h0.08943+0.090%$567K$568K50xas long as short
Gate BREV_USDT+0.0100%8h0.08930−0.056%$50K$52K50xas long as short
MEXC BREV_USDT+0.0100%4h0.08928−0.078%$3.7M$173K20xas long as short
KuCoin BREVUSDTM+0.0100%4h0.08930−0.056%$455K$52K50xas long as short
Bitget BREVUSDTshort+0.0100%4h0.08941+0.067%$453K$154K20x
BingX BREV-USDTlong+0.0100%4h0.08935long leg$2.3M
Variational Omni BREV+0.0100%4h0.08942+0.083%$175$105as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BREV-USDT+0.0100%4h0.08930−0.056%$1K$1.6M20xas long as short