Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

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 Bitget+0.274%7-day average +0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$686as in the Funding arb table

Net, price: spread back to 7d avg − costs−$672as in the Price arb table

costs, in and out, $10k−$6906.900% of the position

Long on Bitget 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)−0.037%−$4 · spread now +0.274%, 7d avg +0.091%

Together, before fees+0.002%$0 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 0.184% dearer against Bitget than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.091%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRETTUSDT	0.005836	0.0100	pay 0.0050% / 4h	1h 29m	$1.4M	$596K	50x
Short	KuCoin BRETTUSDTM	0.005852	0.0100	get 0.0050% / 4h	1h 29m	$309K	$86K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now +0.274%Rate

Funding earned: $0
Price spread: +0.274% → +0.091%: $18.36
Slippage, 4 orders: −$666.03
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$671.66
Costs to cover: 6.900%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 67 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 Bitget live order book, 2 min ago	3.42 bp	92.8 bp −$93	274.7 bp −$2,747	doesn't fit	doesn't fit
Sell KuCoin live order book, 67 min ago	13.72 bp	203.2 bp −$203	928.9 bp −$9,289	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	0.005836	0.000%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.051%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005852	+0.274%	$318K	$256K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005842	+0.103%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005835	−0.017%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005845	+0.154%	$134K	$272K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005840	+0.069%	$434K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005848	+0.206%	$12.5M	$206K	200x	as long as short
KuCoin BRETTUSDTMshort	+0.0100%	4h	0.005852	+0.274%	$309K	$86K	30x
Bitget BRETTUSDTlong	+0.0100%	4h	0.005836	long leg	$1.4M	$596K	50x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDT	+0.0100%	4h	0.005848	+0.206%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005842	+0.108%	$43K	$104K	—	as long as short
BloFin BRETT-USDT	+0.0154%	4h	0.005858	+0.377%	$58K	$183K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.1800%	1h	0.005842	+0.099%	$43K	$76K	10x	as long as short