Funding arb · Price arb /

BRKB

RWAall BRKB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0466%/8h= +51.1% APRpaid last 24h −0.192%

Price spread now: edgeX against Binance−0.019%70s7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$510.513% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.019%, 7d avg −0.006%

Together, before fees+0.029%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.027% in total (about 1.4% a year). A funding rate is set anew for every payment. 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	503.91	0.0412	pay 0.0412% / 8h	1h 04m	$2.6M	$1.5M	20x
Short	edgeX BRKBUSDC	503.81	0.0879	get 0.0439% / 4h	1h 04m	$26K	$247K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.019%Rate

Funding earned: $97.95
Price spread: −0.019% → −0.006%: −$1.35
Slippage, 4 orders: −$32.29
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $45.31
Costs to cover: 0.513%
Break-even: 3.8 days

Slippage from Binance: live order book, 16 min ago; edgeX: live order book, 38 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, 16 min ago	0.10 bp	14.3 bp −$14	57.7 bp −$577	doesn't fit	doesn't fit
Sell edgeX live order book, 38 min ago	5.16 bp	10.1 bp −$10	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
QFEX BRK.B-USD	−0.0012%	1h	503.05	−0.171%	$1.1M	$3.2M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.47	−0.088%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	504.86	+0.189%	$98K	$40K	25x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.50	+0.117%	$541K	$33K	20x	as long as short
Bitget BRKBUSDT	0.0000%	8h	504.15	+0.048%	$368K	$72K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.87	−0.008%	$1K	$1.2M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	504.26	+0.069%	$7K	$39K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.97	+0.012%	$1.3M	$62K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.60	+0.137%	$48K	$1.4M	20x	as long as short
Variational Omni BRKB	+0.0184%	8h	503.81	−0.019%	$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	+0.0218%	8h	504.53	+0.123%	$484K	$147K	20x	as long as short
Binance BRKBUSDTlong	+0.0412%	8h	503.91	long leg	$2.6M	$1.5M	20x
GRVT BRKB_USDT_Perp	+0.0820%	8h	503.96	+0.010%	$3K	$232K	10x	as long as short
edgeX BRKBUSDCshort	+0.0879%	4h	503.81	−0.019%	$26K	$247K	10x