Settings8H · net · $10k
Funding arb · Price arb /

BRETT

all BRETT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0336%/8h= +36.8% APRnext payment +$1.68 per $10,000 · paid last 24h +0.028%
Price spread now: OKX against KuCoin−0.291%7-day average +0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$533as in the Funding arb table
Net, price: spread back to 7d avg − costs−$573as in the Price arb table
costs, in and out, $10k−$5325.324% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.277%+$28 · spread now −0.291%, 7d avg +0.116%
Together, before fees+0.269%+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.407% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.291% now, against its 7-day average of +0.116%). If the spread goes back, that is −$41 on $10k: about 4.0 days of funding at the current rate (+$10 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.007% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BRETTUSDTM0.0058320.0100pay 0.0050% / 4h1h 55m$284K$111K30x
ShortOKX BRETT-USDT-SWAP0.0058150.0436get 0.0218% / 4h1h 55m$146K$361K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$70.53
Price spread: −0.291% → +0.116%
−$40.73
Slippage, 4 orders
−$510.38
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$502.58
Costs to cover
5.324%
Break-even
56.9 days
Slippage from KuCoin: live order book, 62 min ago; OKX: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 62 min ago17.83 bp223.6 bp −$224doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 50 min ago7.66 bp63.9 bp −$64doesn't fitdoesn't fitdoesn't fit

BRETT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BRETT/USD [ETH-USDC]L 0.0000% / S 0.0000%1h0.005798−0.583%100xas long as short
Injective BRETT/USDC PERP+0.0033%1h0.005839+0.120%$61$8545.5xas long as short
BloFin BRETT-USDT+0.0052%4h0.005840+0.137%$57K$220K50xas long as short
Hyperliquid BRETT+0.0100%1h0.005820−0.206%$312K$283K3xas long as short
Binance BRETTUSDT+0.0100%4h0.005811−0.360%$1.2M$2.9M50xas long as short
Bybit BRETTUSDT+0.0100%4h0.005800−0.549%$2.1M$2.1M25xas long as short
Gate BRETT_USDT+0.0100%4h0.005803−0.497%$420K$112K25xas long as short
MEXC BRETT_USDT+0.0100%4h0.005815−0.291%$12.3M$231K200xas long as short
KuCoin BRETTUSDTMlong+0.0100%4h0.005832long leg$284K$111K30x
Bitget BRETTUSDT+0.0100%4h0.005799−0.566%$1.3M$610K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BRETT+0.0100%4h0.005816−0.275%$43K$105Kas long as short
BingX BRETT-USDT+0.0382%4h0.005812−0.343%$1.4Mas long as short
OKX BRETT-USDT-SWAPshort+0.0436%4h0.005815−0.291%$146K$361K10x
Kraken Futures PF_BRETTUSD+0.1221%1h0.005803−0.491%$40K$91K10xas long as short