Funding arb · Price arb /

BRKB

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Swap Backtest

Alert: funding

Alert: spread

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: Bybit against Gate+0.145%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$902as in the Funding arb table

Net, price: spread back to 7d avg − costs−$893as in the Price arb table

costs, in and out, $10k−$9029.018% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.145%, 7d avg +0.060%

Together, before fees−0.101%−$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.084% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BRKB_USDT	504.60	0	get 0.0000% / 8h	5h 14m	$528K	$24K	20x
Short	Bybit BRKBUSDT	505.33	0	get 0.0000% / 8h	5h 14m	$115K	$23K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.145%Rate

Funding earned: $0
Price spread: +0.145% → +0.060%: $8.42
Slippage, 4 orders: −$875.77
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$893.35
Costs to cover: 9.018%
Break-even: never at this rate

Slippage from Gate: live order book, 46 min ago; Bybit: live order book, 45 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, 46 min ago	9.90 bp	273.9 bp −$274	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 45 min ago	11.20 bp	191.3 bp −$191	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
Aster BRKBUSDT	0.0000%	8h	503.95	−0.129%	$297K	$30K	20x	as long as short
Bybit BRKBUSDTshort	0.0000%	8h	505.33	+0.145%	$115K	$23K	25x
Gate BRKB_USDTlong	0.0000%	8h	504.60	long leg	$528K	$24K	20x
Bitget BRKBUSDT	0.0000%	8h	504.11	−0.097%	$367K	$69K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.90	−0.139%	$1K	$1.3M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	504.17	−0.085%	$6K	$38K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	504.19	−0.081%	$1.3M	$60K	10x	as long as short
QFEX BRK.B-USD	+0.0010%	1h	502.77	−0.363%	$1.1M	$3.1M	10x	as long as short
Variational Omni BRKB	+0.0012%	8h	503.82	−0.155%	$428K	$15K	—	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.46	−0.028%	$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
Binance BRKBUSDT	+0.0196%	8h	503.90	−0.139%	$2.6M	$1.4M	20x	as long as short
OKX BRKB-USDT-SWAP	+0.0283%	8h	504.59	−0.002%	$487K	$139K	20x	as long as short
edgeX BRKBUSDC	+0.0962%	4h	503.82	−0.155%	$26K	$249K	10x	as long as short
GRVT BRKB_USDT_Perp	+0.1223%	8h	504.05	−0.109%	$2K	$213K	10x	as long as short