Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Bybit−0.006%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$291as in the Price arb table
costs, in and out, $10k−$2982.979% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.006%, 7d avg −0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.067% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BRKBUSDT | 503.87 | 0 | get 0.0000% / 8h | 2h 30m | $98K | $40K | 25x |
| Short | Phemex BRKBUSDT | 503.84 | 0 | get 0.0000% / 8h | 2h 30m | $1.3M | $62K | 10x |
Bybit BRKBUSDT
Phemex BRKBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bybit. 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
- $0
- Price spread: −0.006% → −0.073%
- $6.71
- Slippage, 4 orders
- −$274.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$291.17
- Costs to cover
- 2.979%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 79 min ago; Phemex: live order book, 2 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, 79 min ago | 13.40 bp | 86.1 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 1.89 bp | 45.8 bp −$46 | 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 | −0.0003% | 1h | 502.64 | −0.244% | $1.1M | $3.1M | 10x | as long as short |
| Aster BRKBUSDT | 0.0000% | 8h | 503.38 | −0.097% | $297K | $30K | 20x | as long as short |
| Bybit BRKBUSDTlong | 0.0000% | 8h | 503.87 | long leg | $98K | $40K | 25x | |
| Gate BRKB_USDT | 0.0000% | 8h | 504.60 | +0.145% | $530K | $27K | 20x | as long as short |
| Bitget BRKBUSDT | 0.0000% | 8h | 503.82 | −0.010% | $367K | $71K | 20x | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 503.71 | −0.032% | $1K | $1.2M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 504.10 | +0.046% | $6K | $38K | 20x | as long as short |
| Phemex BRKBUSDTshort | 0.0000% | 8h | 503.84 | −0.006% | $1.3M | $62K | 10x | |
| KuCoin BRKBUSDTM | +0.0100% | 8h | 504.34 | +0.093% | $45K | $1.4M | 20x | as long as short |
| Variational Omni BRKB | +0.0249% | 8h | 503.68 | −0.038% | $427K | $19K | — | as long as short |
QFEX BRK.B-USD
Aster BRKBUSDT
Gate BRKB_USDT
Bitget BRKBUSDT
SunX BRKB-USDT
HTX BRKB-USDT
KuCoin BRKBUSDTM
Variational Omni BRKBShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRKBUSDT | +0.0448% | 8h | 503.74 | −0.026% | $2.6M | $1.5M | 20x | as long as short |
| OKX BRKB-USDT-SWAP | +0.0456% | 8h | 504.38 | +0.101% | $483K | $151K | 20x | as long as short |
| GRVT BRKB_USDT_Perp | +0.0890% | 8h | 503.66 | −0.042% | $2K | $226K | 10x | as long as short |
| edgeX BRKBUSDC | +0.0934% | 4h | 503.63 | −0.048% | $26K | $248K | 10x | as long as short |
Binance BRKBUSDT
OKX BRKB-USDT-SWAP
GRVT BRKB_USDT_Perp
edgeX BRKBUSDC