Funding you earn now, next payment 08:00 UTC−0.0379%/8h= −41.5% APRnext payment −$3.79 per $10,000 · paid last 24h −0.114%
Price spread now: SunX against Bitget−0.063%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1791.789% of the position
Funding, last 7 days−0.215%−$21 on $10k
+Price spread, last 3 days (all we have)+0.013%+$1 · spread now −0.063%, 7d avg −0.021%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and SunX is 0.042% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.215% in total (about -11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.79 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 | 504.94 | 0.0379 | pay 0.0379% / 8h | 7h 36m | $366K | $70K | 20x |
| Short | SunX BRKB-USDT | 504.62 | 0 | get 0.0000% / 8h | 7h 36m | $1K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$79.59
- Price spread: −0.063% → −0.021%
- −$4.24
- Slippage, 4 orders
- −$158.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$262.77
- Costs to cover
- 1.789%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 29 min ago; SunX: live order book, 8 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, 29 min ago | 7.64 bp | 21.3 bp −$21 | 28.9 bp −$289 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 44.67 bp | 63.4 bp −$63 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BRKBUSDT | 0.0000% | 8h | 504.30 | −0.128% | $297K | $30K | 20x | as long as short |
| Binance BRKBUSDT | 0.0000% | 8h | 504.49 | −0.089% | $2.6M | $1.4M | 20x | as long as short |
| Bybit BRKBUSDT | 0.0000% | 8h | 505.05 | +0.022% | $103K | $12K | 25x | as long as short |
| OKX BRKB-USDT-SWAP | 0.0000% | 8h | 505.34 | +0.079% | $482K | $136K | 20x | as long as short |
| Gate BRKB_USDT | 0.0000% | 8h | 504.80 | −0.028% | $523K | $22K | 20x | as long as short |
| Variational Omni BRKB | 0.0000% | 8h | 504.78 | −0.031% | $426K | $13K | — | as long as short |
| SunX BRKB-USDTshort | 0.0000% | 8h | 504.62 | −0.063% | $1K | $1.4M | 10x | |
| HTX BRKB-USDT | 0.0000% | 8h | 504.93 | −0.002% | $6K | $37K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 504.71 | −0.046% | $1.3M | $58K | 10x | as long as short |
| QFEX BRK.B-USD | +0.0010% | 1h | 503.40 | −0.305% | $1.1M | $3.2M | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BRKBUSDTM | +0.0100% | 8h | 504.40 | −0.107% | $37K | $1.3M | 20x | as long as short |
| Bitget BRKBUSDTlong | +0.0379% | 8h | 504.94 | long leg | $366K | $70K | 20x | |
| edgeX BRKBUSDC | +0.0880% | 4h | 504.47 | −0.094% | $26K | $249K | 10x | as long as short |
| GRVT BRKB_USDT_Perp | +0.1672% | 8h | 504.76 | −0.036% | $3K | $219K | 10x | as long as short |
Bitget BRKBUSDT
SunX BRKB-USDT
Aster BRKBUSDT
Binance BRKBUSDT
Bybit BRKBUSDT
OKX BRKB-USDT-SWAP
Gate BRKB_USDT
Variational Omni BRKB
HTX BRKB-USDT
Phemex BRKBUSDT
KuCoin BRKBUSDTM
edgeX BRKBUSDC
GRVT BRKB_USDT_Perp