BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0277%/8h= +30.3% APRnext payment +$1.38 per $10,000 · paid last 24h +0.050%

Price spread now: OKX against MEXC+0.173%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1331.327% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.173%, 7d avg +0.069%

Together, before fees+0.018%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.104% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.069%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.053% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.38 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	MEXC BRETT_USDT	0.005792	0.0100	pay 0.0050% / 4h	3h 18m	$12.2M	$237K	200x
Short	OKX BRETT-USDT-SWAP	0.005802	0.0377	get 0.0188% / 4h	3h 18m	$147K	$416K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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 MEXCbpFee OKXbpOrdersPrice spread, now +0.173%Rate

Funding earned: $58.17
Price spread: +0.173% → +0.069%: $10.41
Slippage, 4 orders: −$122.69
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$64.11
Costs to cover: 1.327%
Break-even: 14.7 days

Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 12 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 MEXC live order book, 4 min ago	4.32 bp	17.6 bp −$18	130.5 bp −$1,305	287.4 bp −$28.7K	311.7 bp −$155.8K
Sell OKX live order book, 12 min ago	10.47 bp	46.9 bp −$47	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	0.005781	−0.190%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.811%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0097%	4h	0.005799	+0.121%	$57K	$205K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005799	+0.121%	$1.2M	$3.0M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005790	−0.035%	$2.1M	$2.3M	25x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005785	−0.121%	$420K	$106K	25x	as long as short
MEXC BRETT_USDTlong	+0.0100%	4h	0.005792	long leg	$12.2M	$237K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005784	−0.138%	$279K	$114K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005782	−0.173%	$1.4M	$590K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005783	−0.153%	$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	+0.0121%	1h	0.005800	+0.138%	$315K	$295K	3x	as long as short
BingX BRETT-USDT	+0.0356%	4h	0.005792	0.000%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAPshort	+0.0377%	4h	0.005802	+0.173%	$147K	$416K	10x
Kraken Futures PF_BRETTUSD	+0.1513%	1h	0.005785	−0.122%	$38K	$105K	10x	as long as short