BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0232%/8h= −25.4% APRnext payment −$2.32 per $10,000 · paid last 24h −0.114%

Price spread now: Bybit against Bitget+0.139%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$322as in the Funding arb table

Net, price: spread back to 7d avg − costs−$292as in the Price arb table

costs, in and out, $10k−$3013.006% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.215%−$21 on $10k

Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.139%, 7d avg +0.051%

Together, before fees−0.345%−$35 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.088% dearer against Bitget than usual: you sell high and buy low (spread +0.139% now, against its 7-day average of +0.051%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.215% in total) that is about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRKBUSDT	504.37	0.0232	pay 0.0232% / 8h	6h 50m	$365K	$70K	20x
Short	Bybit BRKBUSDT	505.07	0	get 0.0000% / 8h	6h 50m	$105K	$13K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.139%Rate

Funding earned: −$48.72
Price spread: +0.139% → +0.051%: $8.77
Slippage, 4 orders: −$277.57
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$340.51
Costs to cover: 3.006%
Break-even: never at this rate

Slippage from Bitget: live order book, 10 min ago; Bybit: live order book, 14 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, 10 min ago	8.62 bp	38.7 bp −$39	46.5 bp −$465	doesn't fit	doesn't fit
Sell Bybit live order book, 14 min ago	16.23 bp	122.5 bp −$122	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	−0.0486%	4h	504.11	−0.052%	$26K	$249K	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	504.21	−0.032%	$297K	$30K	20x	as long as short
Binance BRKBUSDT	0.0000%	8h	504.44	+0.015%	$2.6M	$1.4M	20x	as long as short
Bybit BRKBUSDTshort	0.0000%	8h	505.07	+0.139%	$105K	$13K	25x
OKX BRKB-USDT-SWAP	0.0000%	8h	505.22	+0.169%	$484K	$138K	20x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.30	−0.014%	$523K	$22K	20x	as long as short
Variational Omni BRKB	0.0000%	8h	504.35	−0.005%	$426K	$13K	—	as long as short
SunX BRKB-USDT	0.0000%	8h	504.40	+0.006%	$2K	$1.4M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	504.75	+0.075%	$7K	$37K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	504.39	+0.004%	$1.3M	$59K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX BRK.B-USD	+0.0043%	1h	503.22	−0.228%	$1.1M	$3.1M	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.12	−0.050%	$40K	$1.4M	20x	as long as short
Bitget BRKBUSDTlong	+0.0232%	8h	504.37	long leg	$365K	$70K	20x
GRVT BRKB_USDT_Perp	+0.0998%	8h	504.27	−0.020%	$2K	$216K	10x	as long as short