Settings8H · net · $10k
Funding arb · Price arb /

BREV

all BREV markets
SwapBacktest
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 BingX+0.119%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$718as in the Funding arb table
Net, price: spread back to 7d avg − costs−$694as in the Price arb table
costs, in and out, $10k−$7077.067% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.113%−$11 on $10k
Price spread, last 4 days (all we have)−0.225%−$23 · spread now +0.119%, 7d avg −0.008%
Together, before fees−0.338%−$34 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 0.126% dearer against BingX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BREV-USDT0.084300.0100pay 0.0050% / 4h1h 48m$2.3M
ShortKuCoin BREVUSDTM0.084400.0100get 0.0050% / 4h1h 48m$426K$46K50x

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

Funding earned
$0
Price spread: +0.119% → −0.008%
$12.62
Slippage, 4 orders
−$684.72
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$694.1
Costs to cover
7.067%
Break-even
never at this rate
Slippage from BingX: live order book, 14 min ago; KuCoin: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 14 min ago6.54 bp27.2 bp −$2790.8 bp −$908957.7 bp −$95.8Kdoesn't fit
Sell KuCoin live order book, 23 min ago17.72 bp371.7 bp −$372doesn't fitdoesn't fitdoesn't fit

BREV on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BREVUSDT+0.0100%4h0.08434+0.045%$14K$2K5xas long as short
Binance BREVUSDT+0.0100%4h0.084300.000%$1.6M$1.3M50xas long as short
Bybit BREVUSDT+0.0100%4h0.08434+0.047%$501K$143K50xas long as short
OKX BREV-USDT-SWAP+0.0100%4h0.08426−0.047%$503K$295K20xas long as short
Gate BREV_USDT+0.0100%8h0.084300.000%$47K$22K50xas long as short
MEXC BREV_USDT+0.0100%4h0.084300.000%$3.5M$177K20xas long as short
KuCoin BREVUSDTMshort+0.0100%4h0.08440+0.119%$426K$46K50x
Bitget BREVUSDT+0.0100%4h0.08423−0.083%$429K$71K20xas long as short
BingX BREV-USDTlong+0.0100%4h0.08430long leg$2.3M
Variational Omni BREV+0.0100%4h0.08436+0.069%$165$105as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BREV-USDT+0.0100%4h0.084300.000%$2K$796K20xas long as short