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 Bybit−0.106%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$826as in the Funding arb table
Net, price: spread back to 7d avg − costs−$827as in the Price arb table
costs, in and out, $10k−$8218.209% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.056%−$6 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.106%, 7d avg −0.040%
Together, before fees−0.018%−$2 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 0.066% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BREVUSDT0.085190.0100pay 0.0050% / 4h44m 25s$505K$141K50x
ShortKuCoin BREVUSDTM0.085100.0100get 0.0050% / 4h44m 25s$429K$46K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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: −0.106% → −0.040%
−$6.57
Slippage, 4 orders
−$797.87
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$827.44
Costs to cover
8.209%
Break-even
never at this rate
Slippage from Bybit: live order book, 26 min ago; KuCoin: live order book, 18 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 Bybit live order book, 26 min ago5.32 bp89.7 bp −$90doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 18 min ago29.39 bp284.3 bp −$284doesn'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%4h0.08507−0.139%$14K$2K5xas long as short
Binance BREVUSDT+0.0100%4h0.08512−0.082%$1.6M$1.3M50xas long as short
Bybit BREVUSDTlong+0.0100%4h0.08519long leg$505K$141K50x
OKX BREV-USDT-SWAP+0.0100%4h0.08510−0.106%$508K$298K20xas long as short
Gate BREV_USDT+0.0100%8h0.08510−0.106%$47K$22K50xas long as short
MEXC BREV_USDT+0.0100%4h0.08512−0.082%$3.6M$177K20xas long as short
KuCoin BREVUSDTMshort+0.0100%4h0.08510−0.106%$429K$46K50x
Bitget BREVUSDT+0.0100%4h0.08505−0.164%$434K$67K20xas long as short
BingX BREV-USDT+0.0100%4h0.08509−0.117%$2.3Mas long as short
Variational Omni BREV+0.0100%4h0.08519+0.005%$166$105as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BREV-USDT+0.0100%4h0.08510−0.106%$1K$807K20xas long as short