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

BREV

all BREV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.067%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$475as in the Funding arb table
Net, price: spread back to 7d avg − costs−$474as in the Price arb table
costs, in and out, $10k−$4764.760% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.067%, 7d avg −0.087%
Together, before fees−0.005%−$1 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 0.020% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BREVUSDT0.089300.0100pay 0.0050% / 4h2h 18m$545K$338K50x
ShortOKX BREV-USDT-SWAP0.089240.0100get 0.0050% / 4h2h 18m$529K$417K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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% → −0.087%
$2.02
Slippage, 4 orders
−$455.05
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$474.02
Costs to cover
4.760%
Break-even
never at this rate
Slippage from Bybit: live order book, 41 min ago; OKX: live order book, 47 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 Bybit live order book, 41 min ago5.14 bp204.9 bp −$205doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 47 min ago6.88 bp48.6 bp −$49doesn't fitdoesn'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
Aster BREVUSDT+0.0100%4h0.08921−0.100%$15K$4K5xas long as short
Binance BREVUSDT+0.0100%4h0.08928−0.018%$1.6M$1.7M50xas long as short
Bybit BREVUSDTlong+0.0100%4h0.08930long leg$545K$338K50x
OKX BREV-USDT-SWAPshort+0.0100%4h0.08924−0.067%$529K$417K20x
Gate BREV_USDT+0.0100%8h0.08920−0.112%$49K$29K50xas long as short
MEXC BREV_USDT+0.0100%4h0.08929−0.011%$3.7M$191K20xas long as short
KuCoin BREVUSDTM+0.0100%4h0.089300.000%$446K$47K50xas long as short
Bitget BREVUSDT+0.0100%4h0.08922−0.090%$462K$115K20xas long as short
BingX BREV-USDT+0.0100%4h0.08913−0.190%$2.3Mas long as short
Variational Omni BREV+0.0100%4h0.08897−0.371%$174$105as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BREV-USDT+0.0100%4h0.089300.000%$1K$1.1M20xas long as short