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 0.000%

Price spread now: KuCoin against Bitget+0.017%7-day average +0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$581as in the Funding arb table

Net, price: spread back to 7d avg − costs−$592as in the Price arb table

costs, in and out, $10k−$5855.849% of the position

Long on Bitget 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)+0.131%+$13 · spread now +0.017%, 7d avg +0.090%

Together, before fees+0.170%+$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: KuCoin is 0.073% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRETTUSDT	0.005821	0.0100	pay 0.0050% / 4h	2h 31m	$1.4M	$623K	50x
Short	KuCoin BRETTUSDTM	0.005822	0.0100	get 0.0050% / 4h	2h 31m	$325K	$72K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → +0.090%: −$7.28
Slippage, 4 orders: −$560.94
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$592.22
Costs to cover: 5.849%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 49 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 Bitget live order book, 5 min ago	7.73 bp	31.5 bp −$32	243.5 bp −$2,435	doesn't fit	doesn't fit
Sell KuCoin live order book, 49 min ago	13.69 bp	186.0 bp −$186	905.1 bp −$9,051	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	0.005816	−0.086%	—	—	100x	as long as short
BloFin BRETT-USDT	+0.0043%	4h	0.005832	+0.189%	$59K	$171K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005827	+0.111%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005819	−0.034%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005824	+0.052%	$133K	$255K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005822	+0.017%	$435K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005824	+0.052%	$12.5M	$210K	200x	as long as short
KuCoin BRETTUSDTMshort	+0.0100%	4h	0.005822	+0.017%	$325K	$72K	30x
Bitget BRETTUSDTlong	+0.0100%	4h	0.005821	long leg	$1.4M	$623K	50x
BingX BRETT-USDT	+0.0100%	4h	0.005824	+0.052%	—	$1.4M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005826	+0.091%	$53K	$102K	—	as long as short
Hyperliquid BRETT	+0.0645%	1h	0.005832	+0.189%	$338K	$209K	3x	as long as short
Injective BRETT/USDC PERP	+0.0825%	1h	0.005839	+0.309%	$61	$854	5.5x	as long as short
Kraken Futures PF_BRETTUSD	+0.1056%	1h	0.005830	+0.149%	$44K	$70K	10x	as long as short