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+0.0510%/8h= +55.9% APRnext payment +$5.10 per $10,000 · paid last 24h −0.050%
Price spread now: OKX against Bitget+0.159%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1931.931% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.159%, 7d avg +0.080%
Together, before fees−0.033%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and OKX is 0.079% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.080%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.100% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BRKBUSDT503.790get 0.0000% / 8h3h 29m$367K$71K20x
ShortOKX BRKB-USDT-SWAP504.590.0510get 0.0510% / 8h3h 29m$489K$143K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$107.13
Price spread: +0.159% → +0.080%
$7.86
Slippage, 4 orders
−$171.13
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$78.15
Costs to cover
1.931%
Break-even
12.1 days
Slippage from Bitget: live order book, 16 min ago; OKX: live order book, 21 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, 16 min ago10.90 bp16.9 bp −$1719.8 bp −$198doesn't fitdoesn't fit
Sell OKX live order book, 21 min ago0.50 bp52.5 bp −$52doesn'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%1h502.75−0.206%$1.1M$3.2M10xas long as short
Aster BRKBUSDT0.0000%8h503.85+0.012%$297K$30K20xas long as short
Bybit BRKBUSDT0.0000%8h503.81+0.004%$99K$40K25xas long as short
Gate BRKB_USDT0.0000%8h504.10+0.062%$530K$26K20xas long as short
Bitget BRKBUSDTlong0.0000%8h503.79long leg$367K$71K20x
SunX BRKB-USDT0.0000%8h503.54−0.050%$979$1.3M10xas long as short
HTX BRKB-USDT0.0000%8h503.64−0.030%$6K$38K20xas long as short
Phemex BRKBUSDT0.0000%8h503.78−0.002%$1.3M$61K10xas long as short
KuCoin BRKBUSDTM+0.0100%8h504.65+0.171%$42K$1.4M20xas long as short
edgeX BRKBUSDC+0.0160%4h503.46−0.065%$26K$249K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BRKB+0.0208%8h503.46−0.065%$427K$19Kas long as short
Binance BRKBUSDT+0.0403%8h503.75−0.008%$2.6M$1.5M20xas long as short
OKX BRKB-USDT-SWAPshort+0.0510%8h504.59+0.159%$489K$143K20x
GRVT BRKB_USDT_Perp+0.0991%8h503.66−0.025%$3K$224K10xas long as short