BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0479%/8h= −52.4% APRnext payment −$4.79 per $10,000 · paid last 24h +0.043%

Price spread now: Bitget against Binance−0.014%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$920.923% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)−0.039%−$4 · spread now −0.014%, 7d avg +0.016%

Together, before fees−0.033%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.030% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.016%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.006% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.79 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	Binance BRKBUSDT	504.10	0.0479	pay 0.0479% / 8h	1h 58m	$2.6M	$1.5M	20x
Short	Bitget BRKBUSDT	504.03	0	get 0.0000% / 8h	1h 58m	$368K	$71K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$100.58
Price spread: −0.014% → +0.016%: −$3.02
Slippage, 4 orders: −$70.26
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$195.87
Costs to cover: 0.923%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 42 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 Binance live order book, 6 min ago	0.60 bp	16.5 bp −$16	54.5 bp −$545	doesn't fit	doesn't fit
Sell Bitget live order book, 42 min ago	9.91 bp	42.1 bp −$42	46.1 bp −$461	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
QFEX BRK.B-USD	−0.0012%	1h	502.78	−0.262%	$1.2M	$3.1M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.46	−0.128%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	504.41	+0.061%	$98K	$40K	25x	as long as short
Gate BRKB_USDT	0.0000%	8h	503.90	−0.040%	$540K	$32K	20x	as long as short
Bitget BRKBUSDTshort	0.0000%	8h	504.03	−0.014%	$368K	$71K	20x
SunX BRKB-USDT	0.0000%	8h	504.34	+0.048%	$1K	$1.2M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	504.56	+0.091%	$6K	$39K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	504.34	+0.048%	$1.3M	$62K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.11	+0.002%	$45K	$1.4M	20x	as long as short
edgeX BRKBUSDC	+0.0245%	4h	504.03	−0.014%	$26K	$249K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRKB	+0.0266%	8h	504.03	−0.014%	$427K	$19K	—	as long as short
OKX BRKB-USDT-SWAP	+0.0375%	8h	504.68	+0.115%	$484K	$147K	20x	as long as short
Binance BRKBUSDTlong	+0.0479%	8h	504.10	long leg	$2.6M	$1.5M	20x
GRVT BRKB_USDT_Perp	+0.0902%	8h	503.93	−0.034%	$2K	$230K	10x	as long as short