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 +0.027%

Price spread now: BingX against KuCoin−0.034%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$607as in the Funding arb table

Net, price: spread back to 7d avg − costs−$609as in the Price arb table

costs, in and out, $10k−$6066.061% of the position

Long on KuCoin Short on BingX

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)−0.065%−$6 · spread now −0.034%, 7d avg −0.002%

Together, before fees−0.074%−$7 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: BingX is 0.032% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BRETTUSDTM	0.005840	0.0100	pay 0.0050% / 4h	1h 26m	$308K	$86K	30x
Short	BingX BRETT-USDT	0.005838	0.0100	get 0.0050% / 4h	1h 26m	—	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now −0.034%Rate

Funding earned: $0
Price spread: −0.034% → −0.002%: −$3.21
Slippage, 4 orders: −$584.1
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$609.31
Costs to cover: 6.061%
Break-even: never at this rate

Slippage from KuCoin: live order book, 70 min ago; BingX: live order book, 5 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 KuCoin live order book, 70 min ago	13.72 bp	314.6 bp −$315	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	10.25 bp	46.0 bp −$46	125.6 bp −$1,256	616.2 bp −$61.6K	876.3 bp −$438.1K

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	0.005821	−0.325%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.017%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0078%	4h	0.005841	+0.017%	$57K	$183K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005846	+0.103%	$318K	$256K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005840	−0.007%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005829	−0.188%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005838	−0.034%	$134K	$272K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005835	−0.086%	$433K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005837	−0.051%	$12.5M	$206K	200x	as long as short
KuCoin BRETTUSDTMlong	+0.0100%	4h	0.005840	long leg	$308K	$86K	30x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BRETTUSDT	+0.0100%	4h	0.005825	−0.257%	$1.4M	$590K	50x	as long as short
BingX BRETT-USDTshort	+0.0100%	4h	0.005838	−0.034%	—	$1.4M	—
Variational Omni BRETT	+0.0100%	4h	0.005842	+0.039%	$43K	$104K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1804%	1h	0.005830	−0.168%	$43K	$76K	10x	as long as short