Funding arb · Price arb /

BRKB

RWAall BRKB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.120%

Price spread now: Gate against edgeX+0.112%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$445as in the Funding arb table

Net, price: spread back to 7d avg − costs−$412as in the Price arb table

costs, in and out, $10k−$4214.209% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.237%−$24 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.112%, 7d avg +0.024%

Together, before fees−0.290%+ Points / potential airdropedgeX: Active · farm board−$29 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 Gate is 0.087% dearer against edgeX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.024%. Mind the row above: over the last 7 days funding on this pair cost −0.237%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX BRKBUSDC	503.64	−0.0224	get 0.0112% / 4h	2h 35m	$26K	$248K	10x
Short	Gate BRKB_USDT	504.20	0	get 0.0000% / 8h	2h 35m	$530K	$27K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.112%Rate

Funding earned: $47.05
Price spread: +0.112% → +0.024%: $8.73
Slippage, 4 orders: −$396.92
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$365.15
Costs to cover: 4.209%
Break-even: 61.3 days

Slippage from edgeX: live order book, 12 min ago; Gate: live order book, 10 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, 12 min ago	5.76 bp	10.8 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 10 min ago	9.91 bp	142.5 bp −$142	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
edgeX BRKBUSDClong	−0.0224%	4h	503.64	long leg	$26K	$248K	10x
QFEX BRK.B-USD	−0.0003%	1h	502.60	−0.206%	$1.1M	$3.1M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.36	−0.056%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	503.87	+0.046%	$98K	$40K	25x	as long as short
Gate BRKB_USDTshort	0.0000%	8h	504.20	+0.112%	$530K	$27K	20x
Bitget BRKBUSDT	0.0000%	8h	503.84	+0.040%	$367K	$71K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.74	+0.020%	$1K	$1.2M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	504.06	+0.084%	$6K	$38K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.60	−0.008%	$1.3M	$62K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.05	+0.082%	$45K	$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	+0.0236%	8h	503.65	+0.003%	$427K	$19K	—	as long as short
Binance BRKBUSDT	+0.0437%	8h	503.70	+0.012%	$2.6M	$1.5M	20x	as long as short
OKX BRKB-USDT-SWAP	+0.0473%	8h	504.31	+0.133%	$483K	$150K	20x	as long as short
GRVT BRKB_USDT_Perp	+0.0880%	8h	503.66	+0.004%	$2K	$225K	10x	as long as short