Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.159%7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$493as in the Funding arb table

Net, price: spread back to 7d avg − costs−$477as in the Price arb table

costs, in and out, $10k−$4974.968% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.159%, 7d avg −0.037%

Together, before fees−0.037%−$4 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: KuCoin is 0.196% dearer against Binance than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BRETTUSDT	0.005671	0.0100	pay 0.0050% / 4h	51m 34s	$1.2M	$2.8M	50x
Short	KuCoin BRETTUSDTM	0.005680	0.0100	get 0.0050% / 4h	51m 34s	$277K	$107K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.159%Rate

Funding earned: $0
Price spread: +0.159% → −0.037%: $19.58
Slippage, 4 orders: −$474.75
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$477.18
Costs to cover: 4.968%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 42 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 Binance live order book, 7 min ago	2.63 bp	24.8 bp −$25	134.0 bp −$1,340	doesn't fit	doesn't fit
Sell KuCoin live order book, 42 min ago	19.37 bp	192.0 bp −$192	919.4 bp −$9,194	doesn't fit	doesn't fit

BRETT on 14 exchanges

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	0.005660	−0.194%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+2.962%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0073%	4h	0.005683	+0.212%	$55K	$197K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005669	−0.035%	$300K	$298K	3x	as long as short
Binance BRETTUSDTlong	+0.0100%	4h	0.005671	long leg	$1.2M	$2.8M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005664	−0.123%	$2.0M	$2.1M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005662	−0.159%	$139K	$410K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005667	−0.071%	$410K	$88K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005671	0.000%	$12.0M	$216K	200x	as long as short
KuCoin BRETTUSDTMshort	+0.0100%	4h	0.005680	+0.159%	$277K	$107K	30x

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BRETTUSDT	+0.0100%	4h	0.005666	−0.088%	$1.3M	$472K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005661	−0.176%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005672	+0.018%	$42K	$95K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.0683%	1h	0.005667	−0.065%	$38K	$105K	10x	as long as short