BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.042%

Price spread now: KuCoin against Binance+0.090%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,300as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,288as in the Price arb table

costs, in and out, $10k−$1,29512.951% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 2 days (all we have)−0.104%−$10 · spread now +0.090%, 7d avg +0.024%

Together, before fees−0.151%−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.066% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BRKBUSDT	503.95	0	get 0.0000% / 8h	17m 49s	$2.6M	$1.4M	20x
Short	KuCoin BRKBUSDTM	504.40	0.0100	get 0.0100% / 8h	17m 49s	$39K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.090%Rate

Funding earned: $21
Price spread: +0.090% → +0.024%: $6.58
Slippage, 4 orders: −$1,273.06
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,267.48
Costs to cover: 12.951%
Break-even: 429.5 days

Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 3 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, 2 min ago	0.60 bp	13.2 bp −$13	48.1 bp −$481	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	32.78 bp	499.3 bp −$499	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	−0.0170%	4h	503.87	−0.015%	$26K	$249K	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	504.22	+0.054%	$285K	$17K	20x	as long as short
Binance BRKBUSDTlong	0.0000%	8h	503.95	long leg	$2.6M	$1.4M	20x
Bybit BRKBUSDT	0.0000%	8h	505.00	+0.209%	$100K	$10K	25x	as long as short
OKX BRKB-USDT-SWAP	0.0000%	8h	504.72	+0.153%	$481K	$135K	20x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.20	+0.050%	$524K	$22K	20x	as long as short
Variational Omni BRKB	0.0000%	8h	503.89	−0.011%	$426K	$12K	—	as long as short
GRVT BRKB_USDT_Perp	0.0000%	8h	503.95	0.000%	$2K	$219K	10x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.94	−0.002%	$1K	$1.4M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	504.32	+0.074%	$6K	$37K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BRKBUSDT	0.0000%	8h	503.97	+0.004%	$1.3M	$57K	10x	as long as short
QFEX BRK.B-USD	+0.0018%	1h	503.70	−0.049%	$1.1M	$3.1M	10x	as long as short
KuCoin BRKBUSDTMshort	+0.0100%	8h	504.40	+0.090%	$39K	$1.3M	20x
Bitget BRKBUSDT	+0.0339%	8h	503.99	+0.008%	$362K	$68K	20x	as long as short