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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BRKBUSDT | 503.79 | 0 | get 0.0000% / 8h | 3h 29m | $367K | $71K | 20x |
| Short | OKX BRKB-USDT-SWAP | 504.59 | 0.0510 | get 0.0510% / 8h | 3h 29m | $489K | $143K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 16 min ago | 10.90 bp | 16.9 bp −$17 | 19.8 bp −$198 | doesn't fit | doesn't fit |
| Sell OKX live order book, 21 min ago | 0.50 bp | 52.5 bp −$52 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BRK.B-USD | −0.0012% | 1h | 502.75 | −0.206% | $1.1M | $3.2M | 10x | as long as short |
| Aster BRKBUSDT | 0.0000% | 8h | 503.85 | +0.012% | $297K | $30K | 20x | as long as short |
| Bybit BRKBUSDT | 0.0000% | 8h | 503.81 | +0.004% | $99K | $40K | 25x | as long as short |
| Gate BRKB_USDT | 0.0000% | 8h | 504.10 | +0.062% | $530K | $26K | 20x | as long as short |
| Bitget BRKBUSDTlong | 0.0000% | 8h | 503.79 | long leg | $367K | $71K | 20x | |
| SunX BRKB-USDT | 0.0000% | 8h | 503.54 | −0.050% | $979 | $1.3M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 503.64 | −0.030% | $6K | $38K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 503.78 | −0.002% | $1.3M | $61K | 10x | as long as short |
| KuCoin BRKBUSDTM | +0.0100% | 8h | 504.65 | +0.171% | $42K | $1.4M | 20x | as long as short |
| edgeX BRKBUSDC | +0.0160% | 4h | 503.46 | −0.065% | $26K | $249K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BRKB | +0.0208% | 8h | 503.46 | −0.065% | $427K | $19K | — | as long as short |
| Binance BRKBUSDT | +0.0403% | 8h | 503.75 | −0.008% | $2.6M | $1.5M | 20x | as long as short |
| OKX BRKB-USDT-SWAPshort | +0.0510% | 8h | 504.59 | +0.159% | $489K | $143K | 20x | |
| GRVT BRKB_USDT_Perp | +0.0991% | 8h | 503.66 | −0.025% | $3K | $224K | 10x | as long as short |
Bitget BRKBUSDT
OKX BRKB-USDT-SWAP
Aster BRKBUSDT
Bybit BRKBUSDT
Gate BRKB_USDT
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDT
KuCoin BRKBUSDTM
edgeX BRKBUSDC
Variational Omni BRKB
Binance BRKBUSDT
GRVT BRKB_USDT_Perp