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

BREV

all BREV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against OKX−0.229%7-day average −0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.232%+$23 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.229%, 7d avg −0.029%
Together, before fees+0.319%+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.201% cheaper against OKX than usual: you would sell low and buy high (spread −0.229% now, against its 7-day average of −0.029%). If the spread goes back, that is −$20 on $10k: about 13 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.232% in total) that is about 6.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BREV-USDT-SWAP0.091610.0050pay 0.0025% / 4h2h 04m$551K$764K20x
ShortSunX BREV-USDT0.091400.0100get 0.0050% / 4h2h 04m$2K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$10.43
Price spread: −0.229% → −0.029%
−$20.06
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$27.63
Costs to cover
0.180%
Break-even
25.5 days
Slippage unknown: OKX: live order book, 41 min ago; SunX: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 41 min ago7.22 bp40.1 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 10 min ago506.61 bpdoesn't fitdoesn'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
OKX BREV-USDT-SWAPlong+0.0050%4h0.09161long leg$551K$764K20x
Aster BREVUSDT+0.0100%4h0.09154−0.079%$16K$3K5xas long as short
Binance BREVUSDT+0.0100%4h0.09155−0.060%$1.6M$2.4M50xas long as short
Bybit BREVUSDT+0.0100%4h0.09162+0.011%$564K$628K50xas long as short
Gate BREV_USDT+0.0100%8h0.09150−0.120%$48K$64K50xas long as short
MEXC BREV_USDT+0.0100%4h0.09141−0.218%$3.7M$175K20xas long as short
KuCoin BREVUSDTM+0.0100%4h0.09140−0.229%$466K$55K50xas long as short
Bitget BREVUSDT+0.0100%4h0.09138−0.251%$451K$172K20xas long as short
BingX BREV-USDT+0.0100%4h0.09152−0.098%$2.3Mas long as short
Variational Omni BREV+0.0100%4h0.09140−0.230%$179$105as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BREV-USDTshort+0.0100%4h0.09140−0.229%$2K$1.7M20x