Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%

Price spread now: OKX against Bitget+0.397%7-day average +0.205% · you sell dearer than you buy

Net, funding: paid 7d − costs−$250as in the Funding arb table

Net, price: spread back to 7d avg − costs−$234as in the Price arb table

costs, in and out, $10k−$2542.535% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.397%, 7d avg +0.205%

Together, before fees−0.120%−$12 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 0.193% dearer against Bitget than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.205%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRETTUSDT	0.005787	0.0100	pay 0.0050% / 4h	2h 07m	$1.4M	$623K	50x
Short	OKX BRETT-USDT-SWAP	0.005810	0.0100	get 0.0050% / 4h	2h 07m	$132K	$255K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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 BitgetbpFee OKXbpOrdersPrice spread, now +0.397%Rate

Funding earned: $0
Price spread: +0.397% → +0.205%: $19.26
Slippage, 4 orders: −$231.53
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$234.27
Costs to cover: 2.535%
Break-even: never at this rate

Slippage from Bitget: live order book, 9 min ago; OKX: live order book, 13 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 Bitget live order book, 9 min ago	7.71 bp	33.2 bp −$33	242.7 bp −$2,427	doesn't fit	doesn't fit
Sell OKX live order book, 13 min ago	8.55 bp	79.0 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	0.005788	+0.017%	—	—	100x	as long as short
BloFin BRETT-USDT	+0.0079%	4h	0.005811	+0.415%	$58K	$172K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005802	+0.263%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005793	+0.104%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAPshort	+0.0100%	4h	0.005810	+0.397%	$132K	$255K	10x
Gate BRETT_USDT	+0.0100%	4h	0.005800	+0.225%	$434K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005804	+0.294%	$12.4M	$212K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005810	+0.397%	$325K	$72K	30x	as long as short
Bitget BRETTUSDTlong	+0.0100%	4h	0.005787	long leg	$1.4M	$623K	50x
BingX BRETT-USDT	+0.0100%	4h	0.005793	+0.104%	—	$1.3M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005815	+0.482%	$53K	$102K	—	as long as short
Hyperliquid BRETT	+0.0703%	1h	0.005808	+0.363%	$340K	$212K	3x	as long as short
Injective BRETT/USDC PERP	+0.0825%	1h	0.005839	+0.899%	$61	$854	5.5x	as long as short
Kraken Futures PF_BRETTUSD	+0.1062%	1h	0.005800	+0.220%	$44K	$70K	10x	as long as short