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: Binance against KuCoin−0.264%7-day average +0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$851as in the Funding arb table

Net, price: spread back to 7d avg − costs−$878as in the Price arb table

costs, in and out, $10k−$8478.468% of the position

Long on KuCoin Short on Binance

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)+0.108%+$11 · spread now −0.264%, 7d avg +0.047%

Together, before fees+0.069%+$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: Binance is 0.311% cheaper against KuCoin than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of +0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BRETTUSDTM	0.005870	0.0100	pay 0.0050% / 4h	44m 50s	$329K	$74K	30x
Short	Binance BRETTUSDT	0.005855	0.0100	get 0.0050% / 4h	44m 50s	$1.2M	$2.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.264%Rate

Funding earned: $0
Price spread: −0.264% → +0.047%: −$31.09
Slippage, 4 orders: −$824.78
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$877.88
Costs to cover: 8.468%
Break-even: never at this rate

Slippage from KuCoin: live order book, 16 min ago; Binance: 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, 16 min ago	17.10 bp	572.8 bp −$573	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	3.41 bp	27.8 bp −$28	119.7 bp −$1,197	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	0.005843	−0.460%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.528%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0096%	4h	0.005876	+0.102%	$57K	$167K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005860	−0.170%	$308K	$243K	3x	as long as short
Binance BRETTUSDTshort	+0.0100%	4h	0.005855	−0.264%	$1.2M	$2.5M	50x
Bybit BRETTUSDT	+0.0100%	4h	0.005852	−0.307%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005868	−0.034%	$132K	$259K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005855	−0.256%	$437K	$108K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005856	−0.239%	$12.5M	$207K	200x	as long as short
KuCoin BRETTUSDTMlong	+0.0100%	4h	0.005870	long leg	$329K	$74K	30x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BRETTUSDT	+0.0100%	4h	0.005851	−0.324%	$1.4M	$638K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005855	−0.256%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005858	−0.200%	$59K	$108K	—	as long as short
Kraken Futures PF_BRETTUSD	+0.1336%	1h	0.005860	−0.177%	$44K	$70K	10x	as long as short