Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bybit+0.240%7-day average +0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$451as in the Funding arb table

Net, price: spread back to 7d avg − costs−$438as in the Price arb table

costs, in and out, $10k−$4544.544% of the position

Long on Bybit 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)+0.027%+$3 · spread now +0.240%, 7d avg +0.078%

Together, before fees+0.065%+$7 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 0.162% dearer against Bybit than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.078%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BRETTUSDT	0.005823	0.0100	pay 0.0050% / 4h	39m 40s	$2.2M	$2.3M	25x
Short	KuCoin BRETTUSDTM	0.005837	0.0100	get 0.0050% / 4h	39m 40s	$281K	$118K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.240%Rate

Funding earned: $0
Price spread: +0.240% → +0.078%: $16.2
Slippage, 4 orders: −$431.4
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$438.2
Costs to cover: 4.544%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 62 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 Bybit live order book, 2 min ago	5.98 bp	28.2 bp −$28	134.1 bp −$1,341	doesn't fit	doesn't fit
Sell KuCoin live order book, 62 min ago	12.82 bp	243.7 bp −$244	919.5 bp −$9,195	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	0.005835	+0.206%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.275%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005841	+0.309%	$314K	$290K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005831	+0.144%	$1.2M	$3.0M	50x	as long as short
Bybit BRETTUSDTlong	+0.0100%	4h	0.005823	long leg	$2.2M	$2.3M	25x
Gate BRETT_USDT	+0.0100%	4h	0.005835	+0.206%	$422K	$111K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005838	+0.258%	$12.3M	$234K	200x	as long as short
KuCoin BRETTUSDTMshort	+0.0100%	4h	0.005837	+0.240%	$281K	$118K	30x
Bitget BRETTUSDT	+0.0100%	4h	0.005820	−0.052%	$1.4M	$609K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005854	+0.539%	$43K	$105K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BRETT-USDT	+0.0110%	4h	0.005870	+0.807%	$57K	$213K	50x	as long as short
BingX BRETT-USDT	+0.0654%	4h	0.005835	+0.206%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAP	+0.0721%	4h	0.005826	+0.052%	$147K	$400K	10x	as long as short
Kraken Futures PF_BRETTUSD	+0.1292%	1h	0.005844	+0.353%	$39K	$105K	10x	as long as short