Funding arb · Price arb /

BRKB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0918%/8h= +100.5% APRpaid last 24h −0.060%

Price spread now: edgeX against Aster+0.002%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$441as in the Funding arb table

Net, price: spread back to 7d avg − costs−$461as in the Price arb table

costs, in and out, $10k−$4644.637% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.231%+$23 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.002%, 7d avg −0.020%

Together, before fees+0.225%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and edgeX is 0.022% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.020%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.231% in total (about 12.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BRKBUSDT	503.64	0	get 0.0000% / 8h	4h 51m	$297K	$30K	20x
Short	edgeX BRKBUSDC	503.65	0.0918	get 0.0459% / 4h	51m 21s	$26K	$246K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.002%Rate

Funding earned: $192.78
Price spread: +0.002% → −0.020%: $2.25
Slippage, 4 orders: −$446.67
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$268.64
Costs to cover: 4.637%
Break-even: 16.8 days

Slippage from Aster: live order book, 54 min ago; edgeX: live order book, 54 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, 54 min ago	34.70 bp	379.7 bp −$380	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 54 min ago	5.76 bp	10.7 bp −$11	doesn't fit	doesn't fit	doesn't fit

BRKB on 14 exchanges

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
Aster BRKBUSDTlong	0.0000%	8h	503.64	long leg	$297K	$30K	20x
Bybit BRKBUSDT	0.0000%	8h	504.70	+0.211%	$98K	$41K	25x	as long as short
QFEX BRK.B-USD	0.0000%	1h	502.80	−0.167%	$1.1M	$2.5M	10x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.30	+0.131%	$541K	$33K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.76	+0.024%	$1K	$1.0M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	504.14	+0.099%	$7K	$39K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.89	+0.050%	$1.3M	$62K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.10	+0.091%	$48K	$1.5M	20x	as long as short
Bitget BRKBUSDT	+0.0227%	8h	503.88	+0.048%	$396K	$61K	20x	as long as short
Variational Omni BRKB	+0.0264%	8h	503.65	+0.002%	$426K	$21K	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BRKB-USDT-SWAP	+0.0399%	8h	504.31	+0.133%	$487K	$148K	20x	as long as short
Binance BRKBUSDT	+0.0467%	8h	503.77	+0.027%	$2.6M	$1.5M	20x	as long as short
GRVT BRKB_USDT_Perp	+0.0859%	8h	503.84	+0.039%	$2K	$255K	10x	as long as short
edgeX BRKBUSDCshort	+0.0918%	4h	503.65	+0.002%	$26K	$246K	10x