BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0196%/8h= +21.4% APRnext payment +$1.96 per $10,000 · paid last 24h −0.043%

Price spread now: Binance against Bitget−0.040%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$970.968% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.040%, 7d avg −0.016%

Together, before fees+0.078%+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.024% cheaper against Bitget than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of −0.016%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$6 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.006% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.96 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	Bitget BRKBUSDT	504.11	0	get 0.0000% / 8h	5h 13m	$367K	$69K	20x
Short	Binance BRKBUSDT	503.91	0.0196	get 0.0196% / 8h	5h 13m	$2.6M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.040%Rate

Funding earned: $41.07
Price spread: −0.040% → −0.016%: −$2.41
Slippage, 4 orders: −$74.81
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$58.15
Costs to cover: 0.968%
Break-even: 16.9 days

Slippage from Bitget: live order book, 41 min ago; Binance: live order book, 6 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 Bitget live order book, 41 min ago	7.34 bp	25.0 bp −$25	33.4 bp −$334	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	1.09 bp	13.4 bp −$13	44.1 bp −$441	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	503.94	−0.033%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	505.33	+0.242%	$115K	$23K	25x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.60	+0.097%	$528K	$24K	20x	as long as short
Bitget BRKBUSDTlong	0.0000%	8h	504.11	long leg	$367K	$69K	20x
SunX BRKB-USDT	0.0000%	8h	503.90	−0.042%	$1K	$1.3M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	504.17	+0.012%	$6K	$38K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	504.19	+0.016%	$1.3M	$60K	10x	as long as short
QFEX BRK.B-USD	+0.0010%	1h	502.77	−0.266%	$1.1M	$3.1M	10x	as long as short
Variational Omni BRKB	+0.0012%	8h	503.82	−0.058%	$428K	$15K	—	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.52	+0.081%	$42K	$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
Binance BRKBUSDTshort	+0.0196%	8h	503.91	−0.040%	$2.6M	$1.4M	20x
OKX BRKB-USDT-SWAP	+0.0290%	8h	504.59	+0.095%	$487K	$139K	20x	as long as short
edgeX BRKBUSDC	+0.0962%	4h	503.82	−0.058%	$26K	$249K	10x	as long as short
GRVT BRKB_USDT_Perp	+0.1223%	8h	504.05	−0.011%	$2K	$213K	10x	as long as short