Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%

Price spread now: KuCoin against BingX+0.085%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$497as in the Funding arb table

Net, price: spread back to 7d avg − costs−$490as in the Price arb table

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

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.085%, 7d avg +0.005%

Together, before fees+0.023%+$2 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 0.080% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BRETT-USDT	0.005877	0.0100	pay 0.0050% / 4h	3h 30m	—	$1.4M	—
Short	KuCoin BRETTUSDTM	0.005882	0.0100	get 0.0050% / 4h	3h 30m	$334K	$76K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.085%Rate

Funding earned: $0
Price spread: +0.085% → +0.005%: $7.98
Slippage, 4 orders: −$476.06
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$490.08
Costs to cover: 4.981%
Break-even: never at this rate

Slippage from BingX: live order book, 9 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 BingX live order book, 9 min ago	8.55 bp	30.2 bp −$30	76.6 bp −$766	631.5 bp −$63.1K	1013.1 bp −$506.5K
Sell KuCoin live order book, 10 min ago	9.42 bp	251.2 bp −$251	948.1 bp −$9,481	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	0.005873	−0.068%	—	—	100x	as long as short
BloFin BRETT-USDT	+0.0084%	4h	0.005886	+0.153%	$58K	$168K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005878	+0.016%	$1.2M	$2.5M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005867	−0.170%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005884	+0.119%	$134K	$269K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005869	−0.136%	$439K	$110K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005876	−0.017%	$12.6M	$207K	200x	as long as short
KuCoin BRETTUSDTMshort	+0.0100%	4h	0.005882	+0.085%	$334K	$76K	30x
Bitget BRETTUSDT	+0.0100%	4h	0.005863	−0.238%	$1.4M	$670K	50x	as long as short
BingX BRETT-USDTlong	+0.0100%	4h	0.005877	long leg	—	$1.4M	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005886	+0.146%	$53K	$127K	—	as long as short
Hyperliquid BRETT	+0.0314%	1h	0.005885	+0.136%	$338K	$209K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.0410%	1h	0.005881	+0.074%	$42K	$72K	10x	as long as short
Injective BRETT/USDC PERP	+0.1245%	1h	0.005839	−0.647%	$61	$854	5.5x	as long as short