Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against MEXC−0.033%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$626as in the Funding arb table

Net, price: spread back to 7d avg − costs−$628as in the Price arb table

costs, in and out, $10k−$6306.298% of the position

Long on MEXC 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)+0.119%+$12 · spread now −0.033%, 7d avg −0.055%

Together, before fees+0.157%+$16 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 0.021% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BRETT_USDT	0.005985	0.0100	pay 0.0050% / 4h	3h 43m	$12.8M	$206K	200x
Short	KuCoin BRETTUSDTM	0.005983	0.0100	get 0.0050% / 4h	3h 43m	$294K	$104K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → −0.055%: $2.11
Slippage, 4 orders: −$617.76
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$627.64
Costs to cover: 6.298%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 28 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 MEXC live order book, 5 min ago	5.03 bp	23.9 bp −$24	180.8 bp −$1,808	292.6 bp −$29.3K	314.7 bp −$157.3K
Sell KuCoin live order book, 28 min ago	13.63 bp	248.2 bp −$248	934.1 bp −$9,341	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	0.005968	−0.284%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−2.439%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005996	+0.184%	$324K	$268K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005974	−0.184%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005972	−0.217%	$2.2M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005982	−0.050%	$139K	$284K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005971	−0.234%	$432K	$109K	25x	as long as short
MEXC BRETT_USDTlong	+0.0100%	4h	0.005985	long leg	$12.8M	$206K	200x
KuCoin BRETTUSDTMshort	+0.0100%	4h	0.005983	−0.033%	$294K	$104K	30x
Bitget BRETTUSDT	+0.0100%	4h	0.005974	−0.184%	$1.4M	$575K	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	0.005970	−0.251%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005965	−0.335%	$44K	$105K	—	as long as short
BloFin BRETT-USDT	+0.0123%	4h	0.005967	−0.301%	$58K	$209K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.0632%	1h	0.005978	−0.113%	$46K	$76K	10x	as long as short