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 Gate+0.138%7-day average +0.184% · you sell dearer than you buy

Net, funding: paid 7d − costs−$809as in the Funding arb table

Net, price: spread back to 7d avg − costs−$817as in the Price arb table

costs, in and out, $10k−$8128.122% of the position

Long on Gate 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)+0.138%+$14 · spread now +0.138%, 7d avg +0.184%

Together, before fees+0.169%+$17 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 0.046% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.184%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BRETT_USDT	0.005798	0.0100	pay 0.0050% / 4h	1h 14m	$433K	$108K	25x
Short	OKX BRETT-USDT-SWAP	0.005806	0.0100	get 0.0050% / 4h	1h 14m	$131K	$258K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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 GatebpFee OKXbpOrdersPrice spread, now +0.138%Rate

Funding earned: $0
Price spread: +0.138% → +0.184%: −$4.63
Slippage, 4 orders: −$787.17
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$816.8
Costs to cover: 8.122%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; OKX: live order book, 1 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 Gate live order book, 1 min ago	12.95 bp	310.6 bp −$311	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	7.74 bp	79.2 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	0.005789	−0.155%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.707%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0056%	4h	0.005804	+0.103%	$57K	$162K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005812	+0.241%	$307K	$242K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005806	+0.138%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005799	+0.017%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAPshort	+0.0100%	4h	0.005806	+0.138%	$131K	$258K	10x
Gate BRETT_USDTlong	+0.0100%	4h	0.005798	long leg	$433K	$108K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005806	+0.138%	$12.4M	$210K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005800	+0.034%	$325K	$74K	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BRETTUSDT	+0.0100%	4h	0.005794	−0.069%	$1.4M	$630K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005789	−0.155%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005780	−0.306%	$52K	$102K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1399%	1h	0.005801	+0.060%	$44K	$70K	10x	as long as short