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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRETTUSDTM | 0.005832 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $284K | $111K | 30x |
| Short | OKX BRETT-USDT-SWAP | 0.005815 | 0.0436 | get 0.0218% / 4h | 1h 55m | $146K | $361K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 62 min ago | 17.83 bp | 223.6 bp −$224 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 50 min ago | 7.66 bp | 63.9 bp −$64 | doesn't fit | 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 | 0.005798 | −0.583% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +0.120% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDT | +0.0052% | 4h | 0.005840 | +0.137% | $57K | $220K | 50x | as long as short |
| Hyperliquid BRETT | +0.0100% | 1h | 0.005820 | −0.206% | $312K | $283K | 3x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005811 | −0.360% | $1.2M | $2.9M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005800 | −0.549% | $2.1M | $2.1M | 25x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005803 | −0.497% | $420K | $112K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005815 | −0.291% | $12.3M | $231K | 200x | as long as short |
| KuCoin BRETTUSDTMlong | +0.0100% | 4h | 0.005832 | long leg | $284K | $111K | 30x | |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005799 | −0.566% | $1.3M | $610K | 50x | 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 | 0.005816 | −0.275% | $43K | $105K | — | as long as short |
| BingX BRETT-USDT | +0.0382% | 4h | 0.005812 | −0.343% | — | $1.4M | — | as long as short |
| OKX BRETT-USDT-SWAPshort | +0.0436% | 4h | 0.005815 | −0.291% | $146K | $361K | 10x | |
| Kraken Futures PF_BRETTUSD | +0.1221% | 1h | 0.005803 | −0.491% | $40K | $91K | 10x | as long as short |
KuCoin BRETTUSDTM
OKX BRETT-USDT-SWAP
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
BloFin BRETT-USDT
Hyperliquid BRETT
Binance BRETTUSDT
Bybit BRETTUSDT
Gate BRETT_USDT
MEXC BRETT_USDT
Bitget BRETTUSDT
Variational Omni BRETT
BingX BRETT-USDT
Kraken Futures PF_BRETTUSD