Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against KuCoin+0.017%7-day average −0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,197as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,184as in the Price arb table

costs, in and out, $10k−$1,19311.931% of the position

Long on KuCoin Short on Gate

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)−0.313%−$31 · spread now +0.017%, 7d avg −0.071%

Together, before fees−0.352%−$35 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: Gate is 0.088% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BRETTUSDTM	0.005838	0.0100	pay 0.0050% / 4h	2h 06m	$284K	$112K	30x
Short	Gate BRETT_USDT	0.005839	0.0100	get 0.0050% / 4h	2h 06m	$423K	$114K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → −0.071%: $8.77
Slippage, 4 orders: −$1,166.07
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,184.3
Costs to cover: 11.931%
Break-even: never at this rate

Slippage from KuCoin: live order book, 50 min ago; Gate: live order book, 39 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, 50 min ago	17.83 bp	223.6 bp −$224	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 39 min ago	3.41 bp	525.1 bp −$525	doesn't fit	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	−0.034%	—	—	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	+0.0069%	4h	0.005838	0.000%	$56K	$220K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005853	+0.257%	$314K	$283K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005847	+0.154%	$1.2M	$2.8M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005837	−0.017%	$2.1M	$2.1M	25x	as long as short
Gate BRETT_USDTshort	+0.0100%	4h	0.005839	+0.017%	$423K	$114K	25x
MEXC BRETT_USDT	+0.0100%	4h	0.005847	+0.154%	$12.4M	$238K	200x	as long as short
KuCoin BRETTUSDTMlong	+0.0100%	4h	0.005838	long leg	$284K	$112K	30x
Bitget BRETTUSDT	+0.0100%	4h	0.005837	−0.017%	$1.4M	$617K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETT	+0.0100%	4h	0.005799	−0.660%	$43K	$105K	—	as long as short
BingX BRETT-USDT	+0.0356%	4h	0.005842	+0.069%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAP	+0.0400%	4h	0.005847	+0.154%	$145K	$361K	10x	as long as short
Kraken Futures PF_BRETTUSD	+0.1641%	1h	0.005842	+0.072%	$40K	$91K	10x	as long as short