BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0554%/8h= −60.7% APRnext payment −$2.77 per $10,000 · paid last 24h −0.027%

Price spread now: KuCoin against BingX−0.052%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$465as in the Funding arb table

Net, price: spread back to 7d avg − costs−$472as in the Price arb table

costs, in and out, $10k−$4664.661% of the position

Long on BingX Short on KuCoin

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)+0.236%+$24 · spread now −0.052%, 7d avg +0.008%

Together, before fees+0.245%+$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and KuCoin is 0.060% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.008%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BRETT-USDT	0.005816	0.0654	pay 0.0327% / 4h	37m 07s	—	$1.4M	—
Short	KuCoin BRETTUSDTM	0.005813	0.0100	get 0.0050% / 4h	37m 07s	$279K	$119K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$116.34
Price spread: −0.052% → +0.008%: −$5.96
Slippage, 4 orders: −$444.09
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$588.38
Costs to cover: 4.661%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 65 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 BingX live order book, 9 min ago	10.29 bp	36.0 bp −$36	109.2 bp −$1,092	577.0 bp −$57.7K	844.5 bp −$422.2K
Sell KuCoin live order book, 65 min ago	12.82 bp	243.7 bp −$244	919.5 bp −$9,195	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	0.005809	−0.120%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.395%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0087%	4h	0.005831	+0.258%	$57K	$212K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005820	+0.073%	$1.2M	$3.0M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005811	−0.086%	$2.1M	$2.3M	25x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005818	+0.034%	$422K	$111K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005819	+0.052%	$12.3M	$234K	200x	as long as short
KuCoin BRETTUSDTMshort	+0.0100%	4h	0.005813	−0.052%	$279K	$119K	30x
Bitget BRETTUSDT	+0.0100%	4h	0.005812	−0.069%	$1.4M	$609K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005854	+0.660%	$43K	$105K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid BRETT	+0.0145%	1h	0.005829	+0.224%	$314K	$290K	3x	as long as short
BingX BRETT-USDTlong	+0.0654%	4h	0.005816	long leg	—	$1.4M	—
OKX BRETT-USDT-SWAP	+0.0711%	4h	0.005826	+0.172%	$148K	$403K	10x	as long as short
Kraken Futures PF_BRETTUSD	+0.1298%	1h	0.005817	+0.021%	$39K	$105K	10x	as long as short