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: KuCoin against Binance+0.085%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$494as in the Funding arb table

Net, price: spread back to 7d avg − costs−$485as in the Price arb table

costs, in and out, $10k−$4984.981% of the position

Long on Binance Short on KuCoin

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)+0.071%+$7 · spread now +0.085%, 7d avg −0.045%

Together, before fees+0.110%+$11 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 0.130% dearer against Binance than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BRETTUSDT	0.005876	0.0100	pay 0.0050% / 4h	2h 47m	$1.2M	$2.7M	50x
Short	KuCoin BRETTUSDTM	0.005881	0.0100	get 0.0050% / 4h	2h 47m	$288K	$106K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.085%Rate

Funding earned: $0
Price spread: +0.085% → −0.045%: $13.01
Slippage, 4 orders: −$476.09
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$485.08
Costs to cover: 4.981%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 10 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 Binance live order book, 3 min ago	4.25 bp	43.3 bp −$43	263.4 bp −$2,634	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	17.83 bp	194.4 bp −$194	896.2 bp −$8,962	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	0.005868	−0.136%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.630%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0057%	4h	0.005886	+0.170%	$58K	$221K	50x	as long as short
Binance BRETTUSDTlong	+0.0100%	4h	0.005876	long leg	$1.2M	$2.7M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005878	+0.034%	$2.1M	$2.0M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005893	+0.289%	$151K	$305K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005875	−0.017%	$425K	$107K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005880	+0.068%	$12.5M	$209K	200x	as long as short
KuCoin BRETTUSDTMshort	+0.0100%	4h	0.005881	+0.085%	$288K	$106K	30x
Bitget BRETTUSDT	+0.0100%	4h	0.005877	+0.017%	$1.4M	$591K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDT	+0.0100%	4h	0.005880	+0.068%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005878	+0.034%	$43K	$105K	—	as long as short
Hyperliquid BRETT	+0.0741%	1h	0.005889	+0.221%	$319K	$269K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.1631%	1h	0.005878	+0.028%	$45K	$77K	10x	as long as short