BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0205%/8h= −22.5% APRnext payment −$2.05 per $10,000 · paid last 24h −0.030%

Price spread now: Variational Omni against Binance−0.012%7-day average −0.011% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.054%−$5 on $10k

Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.012%, 7d avg −0.011%

Together, before fees−0.074%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.054% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.05 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	503.70	0.0434	pay 0.0434% / 8h	2h 36m	$2.6M	$1.5M	20x
Short	Variational Omni BRKB	503.64	0.0229	get 0.0229% / 8h	2h 36m	$427K	$19K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.012%Rate

Funding earned: −$43.11
Price spread: −0.012% → −0.011%: −$0.17
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$53.29
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 14 min ago; Variational Omni: RFQ quote, 13 min ago. 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, 14 min ago	0.69 bp	19.4 bp −$19	63.1 bp −$631	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 13 min ago	3.99 bp	doesn't fit	31.6 bp −$316	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	−0.0003%	1h	502.61	−0.216%	$1.1M	$3.1M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.35	−0.069%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	503.87	+0.034%	$98K	$40K	25x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.20	+0.099%	$530K	$27K	20x	as long as short
Bitget BRKBUSDT	0.0000%	8h	503.84	+0.028%	$367K	$71K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.74	+0.008%	$1K	$1.2M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	504.06	+0.071%	$6K	$38K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.60	−0.020%	$1.3M	$62K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.02	+0.064%	$45K	$1.4M	20x	as long as short
Variational Omni BRKBshort	+0.0229%	8h	503.64	−0.012%	$427K	$19K	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BRKBUSDTlong	+0.0434%	8h	503.70	long leg	$2.6M	$1.5M	20x
edgeX BRKBUSDC	+0.0438%	4h	503.66	−0.008%	$26K	$247K	10x	as long as short
OKX BRKB-USDT-SWAP	+0.0473%	8h	504.31	+0.121%	$483K	$150K	20x	as long as short
GRVT BRKB_USDT_Perp	+0.0877%	8h	503.64	−0.011%	$2K	$225K	10x	as long as short