BREV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0414%/8h= +45.3% APRnext payment +$2.07 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against OKX−0.055%7-day average +0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$800as in the Funding arb table

Net, price: spread back to 7d avg − costs−$807as in the Price arb table

costs, in and out, $10k−$7967.963% of the position

Long on OKX 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)+0.029%+$3 · spread now −0.055%, 7d avg +0.047%

Together, before fees−0.010%−$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.102% cheaper against OKX than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of +0.047%). If the spread goes back, that is −$10 on $10k: about 20 hours of funding at the current rate (+$12 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.039% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BREV-USDT-SWAP	0.09145	−0.0314	get 0.0157% / 4h	56m 48s	$547K	$1.0M	20x
Short	KuCoin BREVUSDTM	0.09140	0.0100	get 0.0050% / 4h	56m 48s	$463K	$65K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.055%Rate

Funding earned: $86.93
Price spread: −0.055% → +0.047%: −$10.21
Slippage, 4 orders: −$774.3
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$719.58
Costs to cover: 7.963%
Break-even: 64.9 days

Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 47 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 OKX live order book, 4 min ago	3.84 bp	35.9 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 47 min ago	64.93 bp	322.9 bp −$323	doesn't fit	doesn't fit	doesn't fit

BREV on 11 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
OKX BREV-USDT-SWAPlong	−0.0314%	4h	0.09145	long leg	$547K	$1.0M	20x
Aster BREVUSDT	−0.0074%	4h	0.09138	−0.074%	$16K	$4K	5x	as long as short
Binance BREVUSDT	+0.0100%	4h	0.09159	+0.153%	$1.6M	$3.2M	50x	as long as short
Bybit BREVUSDT	+0.0100%	4h	0.09156	+0.120%	$560K	$884K	50x	as long as short
Gate BREV_USDT	+0.0100%	8h	0.09140	−0.055%	$55K	$84K	50x	as long as short
MEXC BREV_USDT	+0.0100%	4h	0.09139	−0.066%	$3.9M	$224K	20x	as long as short
KuCoin BREVUSDTMshort	+0.0100%	4h	0.09140	−0.055%	$463K	$65K	50x
Bitget BREVUSDT	+0.0100%	4h	0.09151	+0.066%	$456K	$254K	20x	as long as short
BingX BREV-USDT	+0.0100%	4h	0.09172	+0.295%	—	$2.3M	—	as long as short
Variational Omni BREV	+0.0100%	4h	0.09124	−0.225%	$179	$105	—	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BREV-USDT	+0.0100%	4h	0.09110	−0.383%	$2K	$2.2M	20x	as long as short