BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0401%/8h= +43.9% APRnext payment +$4.01 per $10,000 · paid last 24h +0.072%

Price spread now: Binance against Bybit+0.009%7-day average −0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$200as in the Funding arb table

Net, price: spread back to 7d avg − costs−$213as in the Price arb table

costs, in and out, $10k−$2212.212% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.209%+$21 on $10k

Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.009%, 7d avg −0.069%

Together, before fees+0.210%+$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.078% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.069%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.209% in total (about 10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.01 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	Bybit BRKBUSDT	503.69	0	get 0.0000% / 8h	3h 30m	$99K	$40K	25x
Short	Binance BRKBUSDT	503.73	0.0401	get 0.0401% / 8h	3h 30m	$2.6M	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.009%Rate

Funding earned: $84.13
Price spread: +0.009% → −0.069%: $7.81
Slippage, 4 orders: −$200.18
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$129.24
Costs to cover: 2.212%
Break-even: 17.8 days

Slippage from Bybit: live order book, 20 min ago; Binance: live order book, 5 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 Bybit live order book, 20 min ago	13.40 bp	86.1 bp −$86	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.20 bp	12.3 bp −$12	43.8 bp −$438	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
edgeX BRKBUSDC	−0.0214%	4h	503.43	−0.052%	$26K	$249K	10x	as long as short
QFEX BRK.B-USD	−0.0012%	1h	502.75	−0.187%	$1.1M	$3.2M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.82	+0.026%	$297K	$30K	20x	as long as short
Bybit BRKBUSDTlong	0.0000%	8h	503.69	long leg	$99K	$40K	25x
Gate BRKB_USDT	0.0000%	8h	504.00	+0.062%	$530K	$26K	20x	as long as short
Bitget BRKBUSDT	0.0000%	8h	503.79	+0.020%	$367K	$71K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.54	−0.030%	$979	$1.3M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	503.64	−0.010%	$6K	$38K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.78	+0.018%	$1.3M	$61K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.74	+0.208%	$42K	$1.4M	20x	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	−0.045%	$427K	$19K	—	as long as short
Binance BRKBUSDTshort	+0.0401%	8h	503.73	+0.009%	$2.6M	$1.5M	20x
OKX BRKB-USDT-SWAP	+0.0510%	8h	504.59	+0.179%	$490K	$143K	20x	as long as short
GRVT BRKB_USDT_Perp	+0.0998%	8h	503.71	+0.004%	$3K	$223K	10x	as long as short