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

BREV

all BREV markets
SwapBacktest
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: BingX against KuCoin−0.057%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$777as in the Funding arb table
Net, price: spread back to 7d avg − costs−$793as in the Price arb table
costs, in and out, $10k−$7867.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.092%+$9 on $10k
Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.057%, 7d avg +0.010%
Together, before fees+0.249%+$25 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: BingX is 0.067% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BREVUSDTM0.087700.0100pay 0.0050% / 4h3h 04m$437K$48K50x
ShortBingX BREV-USDT0.087650.0100get 0.0050% / 4h3h 04m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$0
Price spread: −0.057% → +0.010%
−$6.68
Slippage, 4 orders
−$764.09
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$792.77
Costs to cover
7.861%
Break-even
never at this rate
Slippage from KuCoin: live order book, 48 min ago; BingX: live order book, 14 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 KuCoin live order book, 48 min ago23.28 bp292.5 bp −$292doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 14 min ago7.99 bp25.0 bp −$2589.4 bp −$894839.5 bp −$83.9K1218.8 bp −$609.4K

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%4h0.08767−0.031%$15K$2K5xas long as short
Binance BREVUSDT+0.0100%4h0.08768−0.017%$1.6M$1.4M50xas long as short
Bybit BREVUSDT+0.0100%4h0.08769−0.011%$503K$210K50xas long as short
OKX BREV-USDT-SWAP+0.0100%4h0.08761−0.103%$519K$351K20xas long as short
Gate BREV_USDT+0.0100%8h0.08760−0.114%$49K$24K50xas long as short
MEXC BREV_USDT+0.0100%4h0.08752−0.205%$3.7M$191K20xas long as short
KuCoin BREVUSDTMlong+0.0100%4h0.08770long leg$437K$48K50x
Bitget BREVUSDT+0.0100%4h0.08768−0.023%$445K$83K20xas long as short
BingX BREV-USDTshort+0.0100%4h0.08765−0.057%$2.3M
Variational Omni BREV+0.0100%4h0.08741−0.326%$171$105as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BREV-USDT+0.0100%4h0.08760−0.114%$968$938K20xas long as short