Funding you earn now, next payment 08:00 UTC−0.0416%/8h= −45.5% APRnext payment −$4.16 per $10,000 · paid last 24h −0.072%
Price spread now: Bybit against Binance+0.194%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.209%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.194% dearer against Binance than usual: you sell high and buy low (spread +0.194% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.209% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.209% in total (about -10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.16 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 | 503.90 | 0.0416 | pay 0.0416% / 8h | 1h 06m | $2.6M | $1.5M | 20x |
| Short | Bybit BRKBUSDT | 504.88 | 0 | get 0.0000% / 8h | 1h 06m | $98K | $40K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$87.27
- Price spread: +0.194% → 0.000%
- $19.45
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$88.83
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 13 min ago; Bybit: no order-book sample. Net counts fees only.
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, 13 min ago | 0.10 bp | 14.3 bp −$14 | 57.7 bp −$577 | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 503.05 | −0.169% | $1.1M | $3.2M | 10x | as long as short |
| Aster BRKBUSDT | 0.0000% | 8h | 503.47 | −0.086% | $297K | $30K | 20x | as long as short |
| Bybit BRKBUSDTshort | 0.0000% | 8h | 504.88 | +0.194% | $98K | $40K | 25x | |
| Gate BRKB_USDT | 0.0000% | 8h | 504.60 | +0.139% | $541K | $33K | 20x | as long as short |
| Bitget BRKBUSDT | 0.0000% | 8h | 504.18 | +0.056% | $368K | $72K | 20x | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 503.86 | −0.008% | $1K | $1.2M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 504.26 | +0.071% | $7K | $39K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 503.98 | +0.016% | $1.3M | $62K | 10x | as long as short |
| KuCoin BRKBUSDTM | +0.0100% | 8h | 503.91 | +0.002% | $47K | $1.4M | 20x | as long as short |
| Variational Omni BRKB | +0.0191% | 8h | 503.82 | −0.016% | $427K | $20K | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BRKB-USDT-SWAP | +0.0220% | 8h | 504.53 | +0.125% | $484K | $147K | 20x | as long as short |
| Binance BRKBUSDTlong | +0.0416% | 8h | 503.90 | long leg | $2.6M | $1.5M | 20x | |
| GRVT BRKB_USDT_Perp | +0.0820% | 8h | 503.96 | +0.012% | $3K | $232K | 10x | as long as short |
| edgeX BRKBUSDC | +0.0879% | 4h | 503.81 | −0.017% | $26K | $247K | 10x | as long as short |
Binance BRKBUSDT
Bybit BRKBUSDT
Aster BRKBUSDT
Gate BRKB_USDT
Bitget BRKBUSDT
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDT
KuCoin BRKBUSDTM
Variational Omni BRKB
OKX BRKB-USDT-SWAP
GRVT BRKB_USDT_Perp
edgeX BRKBUSDC