Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: KuCoin against Bitget−0.052%7-day average +0.092% · you buy dearer than you sell

Net, funding: paid 7d − costs−$487as in the Funding arb table

Net, price: spread back to 7d avg − costs−$505as in the Price arb table

costs, in and out, $10k−$4914.911% of the position

Long on Bitget Short on KuCoin

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)+0.249%+$25 · spread now −0.052%, 7d avg +0.092%

Together, before fees+0.288%+$29 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: KuCoin is 0.144% cheaper against Bitget than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.092%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRETTUSDT	0.005800	0.0100	pay 0.0050% / 4h	1h 06m	$1.4M	$630K	50x
Short	KuCoin BRETTUSDTM	0.005797	0.0100	get 0.0050% / 4h	1h 06m	$325K	$74K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → +0.092%: −$14.4
Slippage, 4 orders: −$467.09
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$505.49
Costs to cover: 4.911%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 64 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 Bitget live order book, 5 min ago	8.64 bp	31.1 bp −$31	247.0 bp −$2,470	doesn't fit	doesn't fit
Sell KuCoin live order book, 64 min ago	6.01 bp	247.3 bp −$247	875.6 bp −$8,756	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	0.005797	−0.052%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.672%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005818	+0.310%	$307K	$243K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005816	+0.273%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005803	+0.052%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005814	+0.241%	$131K	$257K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005800	0.000%	$433K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005815	+0.259%	$12.4M	$210K	200x	as long as short
KuCoin BRETTUSDTMshort	+0.0100%	4h	0.005797	−0.052%	$325K	$74K	30x
Bitget BRETTUSDTlong	+0.0100%	4h	0.005800	long leg	$1.4M	$630K	50x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDT	+0.0100%	4h	0.005798	−0.034%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005793	−0.126%	$52K	$102K	—	as long as short
BloFin BRETT-USDT	+0.0135%	4h	0.005812	+0.207%	$57K	$163K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.1397%	1h	0.005807	+0.113%	$44K	$70K	10x	as long as short