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

BREV

all BREV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.046%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$917as in the Funding arb table
Net, price: spread back to 7d avg − costs−$905as in the Price arb table
costs, in and out, $10k−$9149.138% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.046%, 7d avg −0.043%
Together, before fees−0.168%−$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 0.089% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BREVUSDT0.087360.0100pay 0.0050% / 4h3h 38m$504K$194K50x
ShortKuCoin BREVUSDTM0.087400.0100get 0.0050% / 4h3h 38m$442K$46K50x

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

Funding earned
$0
Price spread: +0.046% → −0.043%
$8.91
Slippage, 4 orders
−$890.82
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$904.91
Costs to cover
9.138%
Break-even
never at this rate
Slippage from Bybit: live order book, 27 min ago; KuCoin: live order book, 14 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 Bybit live order book, 27 min ago4.09 bp95.1 bp −$95doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 14 min ago23.28 bp431.9 bp −$432doesn't fitdoesn't fitdoesn't fit

BREV on 11 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
Aster BREVUSDT+0.0100%4h0.08735−0.017%$15K$2K5xas long as short
Binance BREVUSDT+0.0100%4h0.08727−0.104%$1.6M$1.4M50xas long as short
Bybit BREVUSDTlong+0.0100%4h0.08736long leg$504K$194K50x
OKX BREV-USDT-SWAP+0.0100%4h0.08737+0.011%$511K$330K20xas long as short
Gate BREV_USDT+0.0100%8h0.08720−0.183%$48K$21K50xas long as short
MEXC BREV_USDT+0.0100%4h0.08731−0.057%$3.7M$188K20xas long as short
KuCoin BREVUSDTMshort+0.0100%4h0.08740+0.046%$442K$46K50x
Bitget BREVUSDT+0.0100%4h0.08730−0.069%$445K$74K20xas long as short
Variational Omni BREV+0.0100%4h0.08686−0.571%$170$105as long as short
SunX BREV-USDT+0.0100%4h0.08710−0.298%$1K$880K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BREV-USDT+0.0584%4h0.08749+0.149%$2.3Mas long as short