BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0315%/8h= −34.5% APRnext payment −$3.15 per $10,000 · paid last 24h −0.072%

Price spread now: Gate against Binance+0.062%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$502as in the Funding arb table

Net, price: spread back to 7d avg − costs−$476as in the Price arb table

costs, in and out, $10k−$4814.809% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.209%−$21 on $10k

Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.062%, 7d avg +0.009%

Together, before fees−0.260%−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.053% dearer against Binance than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.009%): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.209% in total) that is about 42 hours.

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 −$3.15 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	503.29	0.0315	pay 0.0315% / 8h	4h 25m	$2.6M	$1.5M	20x
Short	Gate BRKB_USDT	503.60	0	get 0.0000% / 8h	4h 25m	$527K	$25K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.062%Rate

Funding earned: −$66.08
Price spread: +0.062% → +0.009%: $5.25
Slippage, 4 orders: −$455.92
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$541.75
Costs to cover: 4.809%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Gate: live order book, 31 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, 10 min ago	0.10 bp	21.9 bp −$22	59.2 bp −$592	doesn't fit	doesn't fit
Sell Gate live order book, 31 min ago	12.88 bp	177.0 bp −$177	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	−0.0448%	4h	503.28	−0.002%	$26K	$247K	10x	as long as short
QFEX BRK.B-USD	−0.0006%	1h	502.67	−0.123%	$1.1M	$3.1M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.82	+0.106%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	503.79	+0.099%	$104K	$37K	25x	as long as short
Gate BRKB_USDTshort	0.0000%	8h	503.60	+0.062%	$527K	$25K	20x
Bitget BRKBUSDT	0.0000%	8h	503.53	+0.048%	$367K	$70K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.30	+0.002%	$1K	$1.3M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	503.72	+0.085%	$7K	$39K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.35	+0.012%	$1.3M	$61K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	503.81	+0.103%	$43K	$1.4M	20x	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	+0.0132%	8h	503.24	−0.011%	$425K	$18K	—	as long as short
Binance BRKBUSDTlong	+0.0315%	8h	503.29	long leg	$2.6M	$1.5M	20x
OKX BRKB-USDT-SWAP	+0.0548%	8h	503.59	+0.060%	$487K	$140K	20x	as long as short
GRVT BRKB_USDT_Perp	+0.1100%	8h	503.43	+0.028%	$2K	$217K	10x	as long as short