Settings8H · net · $10k
Funding arb · Price arb /

BRKB

RWAall BRKB markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.084%
Price spread now: KuCoin against Bitget+0.073%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,624as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,615as in the Price arb table
costs, in and out, $10k−$1,62416.237% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.209%−$21 · spread now +0.073%, 7d avg −0.017%
Together, before fees−0.214%−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.090% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BRKBUSDT503.710get 0.0000% / 8h3h 25m$367K$71K20x
ShortKuCoin BRKBUSDTM504.080.0100get 0.0100% / 8h3h 25m$42K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: +0.073% → −0.017%
$9.02
Slippage, 4 orders
−$1,599.67
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,593.65
Costs to cover
16.237%
Break-even
538.2 days
Slippage from Bitget: live order book, 20 min ago; KuCoin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 20 min ago10.90 bp16.9 bp −$1719.8 bp −$198doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago32.63 bp503.8 bp −$504doesn't fitdoesn't fitdoesn't fit

BRKB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BRK.B-USD−0.0012%1h502.75−0.191%$1.1M$3.2M10xas long as short
Aster BRKBUSDT0.0000%8h503.91+0.039%$297K$30K20xas long as short
Bybit BRKBUSDT0.0000%8h503.75+0.008%$99K$40K25xas long as short
Gate BRKB_USDT0.0000%8h504.00+0.058%$530K$26K20xas long as short
Bitget BRKBUSDTlong0.0000%8h503.71long leg$367K$71K20x
SunX BRKB-USDT0.0000%8h503.70−0.002%$984$1.3M10xas long as short
HTX BRKB-USDT0.0000%8h503.94+0.046%$6K$38K20xas long as short
Phemex BRKBUSDT0.0000%8h503.68−0.006%$1.3M$62K10xas long as short
KuCoin BRKBUSDTMshort+0.0100%8h504.08+0.073%$42K$1.4M20x
Variational Omni BRKB+0.0211%8h503.50−0.042%$427K$19Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRKBUSDT+0.0404%8h503.57−0.027%$2.6M$1.5M20xas long as short
edgeX BRKBUSDC+0.0479%4h503.65−0.011%$26K$247K10xas long as short
OKX BRKB-USDT-SWAP+0.0505%8h504.09+0.075%$489K$143K20xas long as short
GRVT BRKB_USDT_Perp+0.0985%8h503.710.000%$3K$224K10xas long as short