Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against KuCoin−0.121%7-day average +0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$500as in the Funding arb table

Net, price: spread back to 7d avg − costs−$514as in the Price arb table

costs, in and out, $10k−$4974.965% of the position

Long on KuCoin Short on MEXC

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)+0.121%+$12 · spread now −0.121%, 7d avg +0.053%

Together, before fees+0.082%+$8 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: MEXC is 0.173% cheaper against KuCoin than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BRETTUSDTM	0.005795	0.0100	pay 0.0050% / 4h	35m 57s	$306K	$79K	30x
Short	MEXC BRETT_USDT	0.005788	0.0100	get 0.0050% / 4h	35m 57s	$12.3M	$205K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.121%Rate

Funding earned: $0
Price spread: −0.121% → +0.053%: −$17.34
Slippage, 4 orders: −$484.55
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$513.89
Costs to cover: 4.965%
Break-even: never at this rate

Slippage from KuCoin: live order book, 46 min ago; MEXC: live order book, 2 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, 46 min ago	11.05 bp	206.9 bp −$207	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	6.01 bp	25.4 bp −$25	191.0 bp −$1,910	298.4 bp −$29.8K	317.6 bp −$158.8K

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	0.005774	−0.362%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.759%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005797	+0.035%	$313K	$260K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005790	−0.087%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005784	−0.190%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005786	−0.155%	$132K	$268K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005784	−0.190%	$422K	$118K	25x	as long as short
MEXC BRETT_USDTshort	+0.0100%	4h	0.005788	−0.121%	$12.3M	$205K	200x
KuCoin BRETTUSDTMlong	+0.0100%	4h	0.005795	long leg	$306K	$79K	30x
Bitget BRETTUSDT	+0.0100%	4h	0.005779	−0.276%	$1.4M	$578K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDT	+0.0100%	4h	0.005790	−0.086%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005776	−0.328%	$42K	$104K	—	as long as short
BloFin BRETT-USDT	+0.0121%	4h	0.005830	+0.604%	$57K	$185K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.0624%	1h	0.005780	−0.252%	$43K	$76K	10x	as long as short