Funding arb · Price arb /

BRKB

RWAall BRKB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0242%/8h= +26.5% APRpaid last 24h +0.192%

Price spread now: Binance against edgeX+0.057%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$630.633% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.057%, 7d avg +0.006%

Together, before fees−0.108%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.051% dearer against edgeX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.006%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% a year). A funding rate is set anew for every payment. 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	edgeX BRKBUSDC	503.46	0.0160	pay 0.0080% / 4h	3h 28m	$26K	$249K	10x
Short	Binance BRKBUSDT	503.75	0.0403	get 0.0403% / 8h	3h 28m	$2.6M	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now +0.057%Rate

Funding earned: $50.89
Price spread: +0.057% → +0.006%: $5.09
Slippage, 4 orders: −$44.35
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$7.36
Costs to cover: 0.633%
Break-even: 8.0 days

Slippage from edgeX: live order book, 23 min ago; Binance: live order book, 6 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 edgeX live order book, 23 min ago	8.94 bp	13.9 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 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
QFEX BRK.B-USD	−0.0012%	1h	502.75	−0.142%	$1.1M	$3.2M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.91	+0.088%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	503.83	+0.073%	$99K	$40K	25x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.00	+0.106%	$530K	$26K	20x	as long as short
Bitget BRKBUSDT	0.0000%	8h	503.79	+0.065%	$367K	$71K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.54	+0.015%	$979	$1.3M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	503.64	+0.035%	$6K	$38K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.63	+0.033%	$1.3M	$61K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.72	+0.249%	$42K	$1.4M	20x	as long as short
edgeX BRKBUSDClong	+0.0160%	4h	503.46	long leg	$26K	$249K	10x

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	−0.001%	$427K	$19K	—	as long as short
Binance BRKBUSDTshort	+0.0403%	8h	503.75	+0.057%	$2.6M	$1.5M	20x
OKX BRKB-USDT-SWAP	+0.0507%	8h	504.59	+0.224%	$489K	$143K	20x	as long as short
GRVT BRKB_USDT_Perp	+0.0991%	8h	503.66	+0.040%	$3K	$224K	10x	as long as short