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 Gate−0.050%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$342as in the Funding arb table

Net, price: spread back to 7d avg − costs−$367as in the Price arb table

costs, in and out, $10k−$3633.627% of the position

Long on Gate 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)+0.108%+$11 · spread now −0.050%, 7d avg −0.010%

Together, before fees+0.318%+$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.040% cheaper against Gate than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.010%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.209% in total) that is about 32 hours.

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	Gate BRKB_USDT	503.80	0	get 0.0000% / 8h	3h 30m	$529K	$26K	20x
Short	Binance BRKBUSDT	503.55	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 Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.050%Rate

Funding earned: $84.13
Price spread: −0.050% → −0.010%: −$4.02
Slippage, 4 orders: −$337.72
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$282.61
Costs to cover: 3.627%
Break-even: 30.5 days

Slippage from Gate: 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 Gate live order book, 20 min ago	12.88 bp	241.7 bp −$242	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	−0.074%	$26K	$249K	10x	as long as short
QFEX BRK.B-USD	−0.0012%	1h	502.75	−0.208%	$1.1M	$3.2M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.73	−0.014%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	503.53	−0.054%	$101K	$40K	25x	as long as short
Gate BRKB_USDTlong	0.0000%	8h	503.80	long leg	$529K	$26K	20x
Bitget BRKBUSDT	0.0000%	8h	503.72	−0.016%	$367K	$71K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.53	−0.054%	$884	$1.3M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	503.87	+0.014%	$6K	$38K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.47	−0.066%	$1.3M	$61K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.77	+0.193%	$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	−0.067%	$427K	$19K	—	as long as short
Binance BRKBUSDTshort	+0.0401%	8h	503.55	−0.050%	$2.6M	$1.5M	20x
OKX BRKB-USDT-SWAP	+0.0513%	8h	504.43	+0.125%	$489K	$143K	20x	as long as short
GRVT BRKB_USDT_Perp	+0.0998%	8h	503.71	−0.018%	$3K	$223K	10x	as long as short