Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0177%/8hpaid last 24h −0.259%

Price spread now: MEXC against Kraken Futures−0.008%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BRETTUSD	0.005813	0.0277	pay 0.0035% / 1h	23m 27s	$35K	$61K	10x
Short	MEXC BRETT_USDT	0.005813	0.0100	get 0.0050% / 4h	23m 27s	$12.4M	$203K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Kraken Futures. 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 Kraken FuturesbpFee MEXCbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$37.25
Price spread: −0.008% → 0.000%: −$0.81
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$48.06
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 9 min ago. Net counts fees only.

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 Kraken Futures no order-book sample	—	—	—	—	—
Sell MEXC live order book, 9 min ago	1.72 bp	14.3 bp −$14	143.0 bp −$1,430	281.9 bp −$28.2K	300.1 bp −$150.1K

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.008%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005389	−7.302%	$791	$5K	5.5x	as long as short
BloFin BRETT-USDT	+0.0089%	4h	0.005813	−0.008%	$59K	$162K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005828	+0.250%	$317K	$195K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005814	+0.017%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005808	−0.094%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005815	+0.026%	$132K	$263K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005806	−0.129%	$435K	$109K	25x	as long as short
MEXC BRETT_USDTshort	+0.0100%	4h	0.005813	−0.008%	$12.4M	$203K	200x
KuCoin BRETTUSDTM	+0.0100%	4h	0.005801	−0.215%	$330K	$75K	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BRETTUSDT	+0.0100%	4h	0.005801	−0.215%	$1.4M	$673K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005812	−0.025%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005793	−0.344%	$52K	$127K	—	as long as short
Kraken Futures PF_BRETTUSDlong	+0.0277%	1h	0.005813	long leg	$35K	$61K	10x