Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.050%

Price spread now: OKX against KuCoin+0.247%7-day average +0.107% · you sell dearer than you buy

Net, funding: paid 7d − costs−$546as in the Funding arb table

Net, price: spread back to 7d avg − costs−$533as in the Price arb table

costs, in and out, $10k−$5475.470% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.262%−$26 · spread now +0.247%, 7d avg +0.107%

Together, before fees−0.248%−$25 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: OKX is 0.140% dearer against KuCoin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.107%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BRETTUSDTM	0.005662	0.0100	pay 0.0050% / 4h	43m 54s	$277K	$108K	30x
Short	OKX BRETT-USDT-SWAP	0.005676	0.0100	get 0.0050% / 4h	43m 54s	$139K	$413K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.247%Rate

Funding earned: $0
Price spread: +0.247% → +0.107%: $14.04
Slippage, 4 orders: −$524.97
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$532.94
Costs to cover: 5.470%
Break-even: never at this rate

Slippage from KuCoin: live order book, 50 min ago; OKX: live order book, 60 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	19.37 bp	245.3 bp −$245	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 60 min ago	10.45 bp	54.1 bp −$54	doesn't fit	doesn't fit	doesn't fit

BRETT on 14 exchanges

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	0.005666	+0.071%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+3.126%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0093%	4h	0.005678	+0.283%	$55K	$197K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005678	+0.283%	$298K	$300K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005677	+0.264%	$1.2M	$2.8M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005666	+0.071%	$2.0M	$2.1M	25x	as long as short
OKX BRETT-USDT-SWAPshort	+0.0100%	4h	0.005676	+0.247%	$139K	$413K	10x
Gate BRETT_USDT	+0.0100%	4h	0.005658	−0.071%	$409K	$88K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005676	+0.247%	$12.0M	$216K	200x	as long as short
KuCoin BRETTUSDTMlong	+0.0100%	4h	0.005662	long leg	$277K	$108K	30x

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BRETTUSDT	+0.0100%	4h	0.005656	−0.106%	$1.3M	$472K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005669	+0.124%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005659	−0.052%	$41K	$95K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.0682%	1h	0.005672	+0.184%	$38K	$105K	10x	as long as short