Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%

Price spread now: Bitget against OKX−0.340%7-day average −0.208% · you buy dearer than you sell

Net, funding: paid 7d − costs−$308as in the Funding arb table

Net, price: spread back to 7d avg − costs−$318as in the Price arb table

costs, in and out, $10k−$3053.050% of the position

Long on OKX Short on Bitget

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)+0.166%+$17 · spread now −0.340%, 7d avg −0.208%

Together, before fees+0.135%+$13 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: Bitget is 0.132% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.208%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BRETT-USDT-SWAP	0.005878	0.0100	pay 0.0050% / 4h	2h 03m	$134K	$271K	10x
Short	Bitget BRETTUSDT	0.005858	0.0100	get 0.0050% / 4h	2h 03m	$1.4M	$601K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now −0.340%Rate

Funding earned: $0
Price spread: −0.340% → −0.208%: −$13.23
Slippage, 4 orders: −$283.01
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$318.24
Costs to cover: 3.050%
Break-even: never at this rate

Slippage from OKX: live order book, 62 min ago; Bitget: live order book, 3 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 OKX live order book, 62 min ago	8.42 bp	94.2 bp −$94	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	11.18 bp	73.9 bp −$74	236.7 bp −$2,367	doesn't fit	doesn't fit

BRETT on 13 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	0.005860	−0.306%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.663%	$61	$854	5.5x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005871	−0.118%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005857	−0.357%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAPlong	+0.0100%	4h	0.005878	long leg	$134K	$271K	10x
Gate BRETT_USDT	+0.0100%	4h	0.005863	−0.255%	$434K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005876	−0.034%	$12.5M	$212K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005861	−0.289%	$310K	$87K	30x	as long as short
Bitget BRETTUSDTshort	+0.0100%	4h	0.005858	−0.340%	$1.4M	$601K	50x
BingX BRETT-USDT	+0.0100%	4h	0.005866	−0.204%	—	$1.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005814	−1.089%	$43K	$105K	—	as long as short
Hyperliquid BRETT	+0.0192%	1h	0.005883	+0.085%	$320K	$253K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.1522%	1h	0.005869	−0.148%	$44K	$75K	10x	as long as short