Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.072%
Price spread now: Phemex against Binance+0.016%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1331.327% of the position
Funding, last 7 days−0.270%−$27 on $10k
+Price spread, last 2 days (all we have)−0.033%−$3 · spread now +0.016%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BRKBUSDT | 503.95 | 0 | get 0.0000% / 8h | 1h 14m | $2.5M | $1.3M | 20x |
| Short | Phemex BRKBUSDT | 504.03 | 0 | get 0.0000% / 8h | 1h 14m | $1.3M | $53K | 10x |
Binance BRKBUSDT
Phemex BRKBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.016% → +0.006%
- $0.96
- Slippage, 4 orders
- −$110.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$131.71
- Costs to cover
- 1.327%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Phemex: 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, 6 min ago | 0.30 bp | 14.1 bp −$14 | 52.5 bp −$525 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 1.69 bp | 54.8 bp −$55 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BRKBUSDT | 0.0000% | 8h | 504.19 | +0.048% | $285K | $17K | 20x | as long as short |
| Binance BRKBUSDTlong | 0.0000% | 8h | 503.95 | long leg | $2.5M | $1.3M | 20x | |
| Bybit BRKBUSDT | 0.0000% | 8h | 504.17 | +0.044% | $99K | $10K | 25x | as long as short |
| OKX BRKB-USDT-SWAP | 0.0000% | 8h | 504.78 | +0.165% | $481K | $134K | 20x | as long as short |
| Gate BRKB_USDT | 0.0000% | 8h | 504.30 | +0.070% | $523K | $21K | 20x | as long as short |
| Variational Omni BRKB | 0.0000% | 8h | 503.82 | −0.025% | $426K | $12K | — | as long as short |
| GRVT BRKB_USDT_Perp | 0.0000% | 8h | 503.97 | +0.005% | $3K | $224K | 10x | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 503.98 | +0.006% | $1K | $1.4M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 504.36 | +0.081% | $6K | $37K | 20x | as long as short |
| Phemex BRKBUSDTshort | 0.0000% | 8h | 504.03 | +0.016% | $1.3M | $53K | 10x |
Aster BRKBUSDT
Bybit BRKBUSDT
OKX BRKB-USDT-SWAP
Gate BRKB_USDT
Variational Omni BRKB
GRVT BRKB_USDT_Perp
SunX BRKB-USDT
HTX BRKB-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BRK.B-USD | +0.0008% | 1h | 503.66 | −0.057% | $1.1M | $3.1M | 10x | as long as short |
| KuCoin BRKBUSDTM | +0.0100% | 8h | 504.17 | +0.044% | $37K | $1.3M | 20x | as long as short |
| Bitget BRKBUSDT | +0.0262% | 8h | 504.03 | +0.016% | $362K | $68K | 20x | as long as short |
| edgeX BRKBUSDC | +0.0686% | 4h | 503.81 | −0.027% | $26K | $250K | 10x | as long as short |
QFEX BRK.B-USD
KuCoin BRKBUSDTM
Bitget BRKBUSDT
edgeX BRKBUSDC