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 Gate+0.120%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,046as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,045as in the Price arb table

costs, in and out, $10k−$1,05010.498% of the position

Long on Gate 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)+0.038%+$4 · spread now +0.120%, 7d avg +0.069%

Together, before fees+0.076%+$8 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 0.052% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BRETT_USDT	0.005817	0.0100	pay 0.0050% / 4h	40m 21s	$432K	$105K	25x
Short	KuCoin BRETTUSDTM	0.005824	0.0100	get 0.0050% / 4h	40m 21s	$307K	$79K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now +0.120%Rate

Funding earned: $0
Price spread: +0.120% → +0.069%: $5.17
Slippage, 4 orders: −$1,022.77
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,044.6
Costs to cover: 10.498%
Break-even: never at this rate

Slippage from Gate: live order book, 15 min ago; KuCoin: live order book, 41 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 Gate live order book, 15 min ago	14.61 bp	255.7 bp −$256	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 41 min ago	11.05 bp	239.7 bp −$240	933.1 bp −$9,331	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	0.005813	−0.069%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.378%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0087%	4h	0.005826	+0.155%	$57K	$185K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005834	+0.292%	$316K	$260K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005818	+0.017%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005809	−0.138%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005819	+0.034%	$134K	$270K	10x	as long as short
Gate BRETT_USDTlong	+0.0100%	4h	0.005817	long leg	$432K	$105K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005830	+0.223%	$12.4M	$203K	200x	as long as short
KuCoin BRETTUSDTMshort	+0.0100%	4h	0.005824	+0.120%	$307K	$79K	30x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BRETTUSDT	+0.0100%	4h	0.005810	−0.120%	$1.4M	$577K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005827	+0.172%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005811	−0.104%	$43K	$104K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.0620%	1h	0.005814	−0.045%	$43K	$76K	10x	as long as short