Settings8H · net · $10k
Funding arb · Price arb /

BRKB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0682%/8h= −74.7% APRpaid last 24h −0.120%
Price spread now: edgeX against Gate−0.182%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$399as in the Funding arb table
Net, price: spread back to 7d avg − costs−$438as in the Price arb table
costs, in and out, $10k−$4224.223% of the position
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)+0.002%$0 · spread now −0.182%, 7d avg −0.027%
Together, before fees+0.238%+ Points / potential airdropedgeX: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and edgeX is 0.155% cheaper against Gate than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.027%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.237%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.237% in total (about 12.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BRKB_USDT503.900get 0.0000% / 8h22m 48s$541K$33K20x
ShortedgeX BRKBUSDC502.98−0.0682pay 0.0341% / 4h22m 48s$26K$247K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
−$143.29
Price spread: −0.182% → −0.027%
−$15.5
Slippage, 4 orders
−$398.35
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$581.13
Costs to cover
4.223%
Break-even
never at this rate
Slippage from Gate: live order book, 13 min ago; edgeX: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 13 min ago11.89 bp193.9 bp −$194doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 14 min ago5.56 bp10.6 bp −$11doesn't fitdoesn't fitdoesn't fit

BRKB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX BRKBUSDCshort−0.0682%4h502.98−0.182%$26K$247K10x
Aster BRKBUSDT0.0000%8h504.43+0.105%$297K$30K20xas long as short
Bybit BRKBUSDT0.0000%8h504.46+0.111%$98K$40K25xas long as short
Gate BRKB_USDTlong0.0000%8h503.90long leg$541K$33K20x
Bitget BRKBUSDT0.0000%8h503.75−0.030%$368K$72K20xas long as short
SunX BRKB-USDT0.0000%8h503.26−0.127%$1K$1.2M10xas long as short
HTX BRKB-USDT0.0000%8h503.64−0.052%$6K$40K20xas long as short
Phemex BRKBUSDT0.0000%8h503.14−0.151%$1.3M$64K10xas long as short
QFEX BRK.B-USD+0.0012%1h502.58−0.262%$1.1M$3.3M10xas long as short
KuCoin BRKBUSDTM+0.0100%8h503.900.000%$47K$1.4M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BRKB+0.0160%8h503.03−0.173%$427K$20Kas long as short
OKX BRKB-USDT-SWAP+0.0206%8h503.71−0.038%$486K$150K20xas long as short
Binance BRKBUSDT+0.0392%8h503.14−0.151%$2.6M$1.5M20xas long as short
GRVT BRKB_USDT_Perp+0.0776%8h503.45−0.089%$2K$234K10xas long as short