BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0413%/8h= +45.2% APRnext payment +$2.07 per $10,000 · paid last 24h +0.028%

Price spread now: OKX against Bybit+0.362%7-day average +0.187% · you sell dearer than you buy

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1411.408% of the position

Long on Bybit 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)−0.128%−$13 · spread now +0.362%, 7d avg +0.187%

Together, before fees−0.097%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and OKX is 0.174% dearer against Bybit than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.187%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.031% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BRETTUSDT	0.005806	0.0100	pay 0.0050% / 4h	1h 30m	$2.1M	$2.1M	25x
Short	OKX BRETT-USDT-SWAP	0.005827	0.0513	get 0.0257% / 4h	1h 30m	$146K	$369K	10x

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

Position, each leg$Hold fordaysFee BybitbpFee OKXbpOrdersPrice spread, now +0.362%Rate

Funding earned: $86.76
Price spread: +0.362% → +0.187%: $17.44
Slippage, 4 orders: −$119.77
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$36.57
Costs to cover: 1.408%
Break-even: 10.0 days

Slippage from Bybit: live order book, 7 min ago; OKX: live order book, 10 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 Bybit live order book, 7 min ago	6.03 bp	27.3 bp −$27	136.8 bp −$1,368	doesn't fit	doesn't fit
Sell OKX live order book, 10 min ago	8.58 bp	36.6 bp −$37	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	0.005804	−0.034%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.568%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0099%	4h	0.005823	+0.293%	$57K	$208K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005823	+0.290%	$1.2M	$2.9M	50x	as long as short
Bybit BRETTUSDTlong	+0.0100%	4h	0.005806	long leg	$2.1M	$2.1M	25x
Gate BRETT_USDT	+0.0100%	4h	0.005809	+0.052%	$420K	$112K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005820	+0.241%	$12.3M	$233K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005811	+0.086%	$276K	$113K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005808	+0.034%	$1.4M	$613K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005807	+0.026%	$43K	$105K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid BRETT	+0.0171%	1h	0.005829	+0.396%	$312K	$282K	3x	as long as short
BingX BRETT-USDT	+0.0474%	4h	0.005817	+0.189%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAPshort	+0.0513%	4h	0.005827	+0.362%	$146K	$369K	10x
Kraken Futures PF_BRETTUSD	+0.1218%	1h	0.005816	+0.181%	$40K	$91K	10x	as long as short