Funding arb · Price arb /

BRKB

RWAall BRKB 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: Bybit against Aster+0.173%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$595as in the Funding arb table

Net, price: spread back to 7d avg − costs−$584as in the Price arb table

costs, in and out, $10k−$5955.953% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.239%−$24 · spread now +0.173%, 7d avg +0.060%

Together, before fees−0.239%+ Points / potential airdropAster: Stage 5 · farm board−$24 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: Bybit is 0.114% dearer against Aster than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BRKBUSDT	504.20	0	get 0.0000% / 8h	6h 50m	$297K	$30K	20x
Short	Bybit BRKBUSDT	505.07	0	get 0.0000% / 8h	6h 50m	$105K	$13K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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 AsterbpFee BybitbpOrdersPrice spread, now +0.173%Rate

Funding earned: $0
Price spread: +0.173% → +0.060%: $11.36
Slippage, 4 orders: −$576.32
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$583.97
Costs to cover: 5.953%
Break-even: never at this rate

Slippage from Aster: live order book, 16 min ago; Bybit: live order book, 14 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 Aster live order book, 16 min ago	59.69 bp	287.1 bp −$287	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 14 min ago	16.23 bp	122.5 bp −$122	doesn't fit	doesn't fit	doesn't fit

BRKB 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
edgeX BRKBUSDC	−0.0486%	4h	504.11	−0.018%	$26K	$249K	10x	as long as short
Aster BRKBUSDTlong	0.0000%	8h	504.20	long leg	$297K	$30K	20x
Binance BRKBUSDT	0.0000%	8h	504.47	+0.053%	$2.6M	$1.4M	20x	as long as short
Bybit BRKBUSDTshort	0.0000%	8h	505.07	+0.173%	$105K	$13K	25x
OKX BRKB-USDT-SWAP	0.0000%	8h	505.22	+0.203%	$484K	$138K	20x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.30	+0.020%	$523K	$22K	20x	as long as short
Variational Omni BRKB	0.0000%	8h	504.35	+0.030%	$426K	$13K	—	as long as short
SunX BRKB-USDT	0.0000%	8h	504.40	+0.040%	$2K	$1.4M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	504.75	+0.110%	$7K	$37K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	504.39	+0.038%	$1.3M	$59K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX BRK.B-USD	+0.0043%	1h	503.22	−0.194%	$1.1M	$3.1M	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.12	−0.015%	$40K	$1.4M	20x	as long as short
Bitget BRKBUSDT	+0.0232%	8h	504.37	+0.034%	$365K	$70K	20x	as long as short
GRVT BRKB_USDT_Perp	+0.0998%	8h	504.27	+0.014%	$2K	$216K	10x	as long as short