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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate+0.107%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,432as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,441as in the Price arb table
costs, in and out, $10k−$1,45314.530% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.107%, 7d avg −0.011%
Together, before fees−0.031%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.118% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BRKB_USDT504.300get 0.0000% / 8h6h 41m$523K$22K20x
ShortKuCoin BRKBUSDTM504.840.0100get 0.0100% / 8h6h 41m$41K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.107% → −0.011%
$11.82
Slippage, 4 orders
−$1,426.05
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,420.23
Costs to cover
14.530%
Break-even
480.4 days
Slippage from Gate: live order book, 25 min ago; KuCoin: live order book, 9 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, 25 min ago12.88 bp285.5 bp −$285doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago43.85 bp492.3 bp −$492doesn'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 BRKBUSDC−0.0645%4h504.30+0.001%$26K$248K10xas long as short
Aster BRKBUSDT0.0000%8h504.04−0.051%$297K$30K20xas long as short
Binance BRKBUSDT0.0000%8h504.43+0.026%$2.6M$1.5M20xas long as short
Bybit BRKBUSDT0.0000%8h505.14+0.167%$105K$13K25xas long as short
OKX BRKB-USDT-SWAP0.0000%8h505.30+0.198%$486K$140K20xas long as short
Gate BRKB_USDTlong0.0000%8h504.30long leg$523K$22K20x
Variational Omni BRKB0.0000%8h504.36+0.011%$426K$13Kas long as short
SunX BRKB-USDT0.0000%8h504.41+0.022%$2K$1.4M10xas long as short
HTX BRKB-USDT0.0000%8h504.79+0.097%$7K$37K20xas long as short
Phemex BRKBUSDT0.0000%8h504.40+0.020%$1.3M$60K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BRK.B-USD+0.0043%1h503.20−0.218%$1.1M$3.1M10xas long as short
KuCoin BRKBUSDTMshort+0.0100%8h504.84+0.107%$41K$1.4M20x
Bitget BRKBUSDT+0.0204%8h504.42+0.024%$365K$70K20xas long as short
GRVT BRKB_USDT_Perp+0.1046%8h504.31+0.002%$3K$217K10xas long as short