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

BREV

all BREV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.034%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$730as in the Funding arb table
Net, price: spread back to 7d avg − costs−$738as in the Price arb table
costs, in and out, $10k−$7347.341% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.034%, 7d avg +0.005%
Together, before fees+0.185%+$19 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: BingX is 0.039% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BREVUSDTM0.089400.0100pay 0.0050% / 4h1h 30m$445K$64K50x
ShortBingX BREV-USDT0.089370.0100get 0.0050% / 4h1h 30m$2.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$0
Price spread: −0.034% → +0.005%
−$3.88
Slippage, 4 orders
−$712.1
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$737.98
Costs to cover
7.341%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 12 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, 4 min ago28.11 bp271.0 bp −$271doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 12 min ago5.60 bp36.0 bp −$3669.4 bp −$694566.6 bp −$56.7K985.7 bp −$492.8K

BREV on 11 exchanges

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+0.0027%4h0.08928−0.133%$15K$4K5xas long as short
OKX BREV-USDT-SWAP+0.0067%4h0.08903−0.414%$532K$1.2M20xas long as short
Binance BREVUSDT+0.0100%4h0.08923−0.188%$1.6M$3.7M50xas long as short
Bybit BREVUSDT+0.0100%4h0.08929−0.123%$557K$1.1M50xas long as short
Gate BREV_USDT+0.0100%8h0.089400.000%$72K$140K50xas long as short
MEXC BREV_USDT+0.0100%4h0.08923−0.190%$4.0M$377K20xas long as short
KuCoin BREVUSDTMlong+0.0100%4h0.08940long leg$445K$64K50x
Bitget BREVUSDT+0.0100%4h0.08923−0.190%$459K$329K20xas long as short
BingX BREV-USDTshort+0.0100%4h0.08937−0.034%$2.7M
Variational Omni BREV+0.0100%4h0.08925−0.169%$175$1as long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BREV-USDT+0.0100%4h0.08930−0.112%$1K$2.6M20xas long as short