Funding arb · Price arb /

BRKB

RWAall BRKB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0016%/8h= −1.7% APRpaid last 24h −0.175%

Price spread now: edgeX against Bitget−0.031%94s7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$770.768% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 4 days (all we have)−0.077%−$8 · spread now −0.031%, 7d avg −0.031%

Together, before fees−0.061%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BRKBUSDT	504.13	0	get 0.0000% / 8h	6h 20m	$381K	$78K	20x
Short	edgeX BRKBUSDC	503.97	−0.0016	pay 0.0008% / 4h	2h 20m	$26K	$246K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.031%Rate

Funding earned: −$3.32
Price spread: −0.031% → −0.031%: −$0.09
Slippage, 4 orders: −$55.77
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$80.18
Costs to cover: 0.768%
Break-even: never at this rate

Slippage from Bitget: live order book, 27 min ago; edgeX: live order book, 30 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, 27 min ago	9.12 bp	23.2 bp −$23	25.7 bp −$257	doesn't fit	doesn't fit
Sell edgeX live order book, 30 min ago	5.66 bp	10.7 bp −$11	doesn't fit	doesn't fit	doesn't fit

BRKB on 14 exchanges

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 BRKBUSDCshort	−0.0016%	4h	503.97	−0.031%	$26K	$246K	10x
QFEX BRK.B-USD	0.0000%	1h	503.04	−0.216%	$1.1M	$3.1M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	505.03	+0.179%	$298K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	504.76	+0.125%	$98K	$40K	25x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.40	+0.054%	$541K	$33K	20x	as long as short
Bitget BRKBUSDTlong	0.0000%	8h	504.13	long leg	$381K	$78K	20x
SunX BRKB-USDT	0.0000%	8h	504.06	−0.014%	$1K	$1.2M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	504.43	+0.060%	$7K	$40K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	504.18	+0.010%	$1.3M	$64K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.33	+0.040%	$47K	$1.5M	20x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRKB	+0.0171%	8h	503.97	−0.031%	$426K	$22K	—	as long as short
OKX BRKB-USDT-SWAP	+0.0235%	8h	504.66	+0.105%	$488K	$149K	20x	as long as short
Binance BRKBUSDT	+0.0391%	8h	504.07	−0.012%	$2.6M	$1.5M	20x	as long as short
GRVT BRKB_USDT_Perp	+0.0902%	8h	504.14	+0.001%	$3K	$245K	10x	as long as short