Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: OKX against BingX+0.207%7-day average +0.122% · you sell dearer than you buy

Net, funding: paid 7d − costs−$236as in the Funding arb table

Net, price: spread back to 7d avg − costs−$228as in the Price arb table

costs, in and out, $10k−$2362.362% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 3 days (all we have)−0.101%−$10 · spread now +0.207%, 7d avg +0.122%

Together, before fees−0.100%−$10 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 0.084% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.122%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BRETT-USDT	0.005811	0.0100	pay 0.0050% / 4h	5m 28s	—	$1.4M	—
Short	OKX BRETT-USDT-SWAP	0.005823	0.0100	get 0.0050% / 4h	5m 28s	$132K	$264K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BingXbpFee OKXbpOrdersPrice spread, now +0.207%Rate

Funding earned: $0
Price spread: +0.207% → +0.122%: $8.42
Slippage, 4 orders: −$216.2
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$227.78
Costs to cover: 2.362%
Break-even: never at this rate

Slippage from BingX: live order book, 18 min ago; OKX: live order book, 24 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 BingX live order book, 18 min ago	8.59 bp	32.1 bp −$32	118.0 bp −$1,180	662.7 bp −$66.3K	1031.9 bp −$516.0K
Sell OKX live order book, 24 min ago	7.76 bp	78.8 bp −$79	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	0.005805	−0.103%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005389	−7.262%	$791	$5K	5.5x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005814	+0.056%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005806	−0.086%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAPshort	+0.0100%	4h	0.005823	+0.207%	$132K	$264K	10x
Gate BRETT_USDT	+0.0100%	4h	0.005809	−0.034%	$436K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005811	0.000%	$12.4M	$204K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005813	+0.034%	$330K	$74K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005803	−0.138%	$1.4M	$671K	50x	as long as short
BingX BRETT-USDTlong	+0.0100%	4h	0.005811	long leg	—	$1.4M	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005814	+0.051%	$53K	$127K	—	as long as short
BloFin BRETT-USDT	+0.0102%	4h	0.005812	+0.017%	$58K	$162K	50x	as long as short
Hyperliquid BRETT	+0.0117%	1h	0.005824	+0.224%	$316K	$195K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.0277%	1h	0.005817	+0.096%	$35K	$61K	10x	as long as short