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: Binance against KuCoin+0.124%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$478as in the Funding arb table

Net, price: spread back to 7d avg − costs−$466as in the Price arb table

costs, in and out, $10k−$4754.746% of the position

Long on KuCoin Short on Binance

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)−0.297%−$30 · spread now +0.124%, 7d avg +0.042%

Together, before fees−0.335%−$34 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: Binance is 0.082% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BRETTUSDTM	0.005835	0.0100	pay 0.0050% / 4h	1h 06m	$281K	$118K	30x
Short	Binance BRETTUSDT	0.005842	0.0100	get 0.0050% / 4h	1h 06m	$1.2M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.124%Rate

Funding earned: $0
Price spread: +0.124% → +0.042%: $8.18
Slippage, 4 orders: −$452.65
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$466.47
Costs to cover: 4.746%
Break-even: never at this rate

Slippage from KuCoin: live order book, 35 min ago; Binance: live order book, 14 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 KuCoin live order book, 35 min ago	12.82 bp	155.1 bp −$155	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	1.71 bp	43.1 bp −$43	149.1 bp −$1,491	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	0.005828	−0.120%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.069%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0075%	4h	0.005839	+0.069%	$57K	$208K	50x	as long as short
Binance BRETTUSDTshort	+0.0100%	4h	0.005842	+0.124%	$1.2M	$3.0M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005825	−0.171%	$2.2M	$2.3M	25x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005832	−0.051%	$422K	$113K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005842	+0.120%	$12.4M	$236K	200x	as long as short
KuCoin BRETTUSDTMlong	+0.0100%	4h	0.005835	long leg	$281K	$118K	30x
Bitget BRETTUSDT	+0.0100%	4h	0.005822	−0.223%	$1.4M	$613K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005820	−0.258%	$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	+0.0214%	1h	0.005846	+0.189%	$316K	$289K	3x	as long as short
BingX BRETT-USDT	+0.0590%	4h	0.005838	+0.051%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAP	+0.0656%	4h	0.005845	+0.171%	$148K	$396K	10x	as long as short
Kraken Futures PF_BRETTUSD	+0.1214%	1h	0.005836	+0.016%	$39K	$109K	10x	as long as short