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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BRKB_USDT | 504.30 | 0 | get 0.0000% / 8h | 6h 41m | $523K | $22K | 20x |
| Short | KuCoin BRKBUSDTM | 504.84 | 0.0100 | get 0.0100% / 8h | 6h 41m | $41K | $1.4M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 25 min ago | 12.88 bp | 285.5 bp −$285 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 43.85 bp | 492.3 bp −$492 | 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 BRKBUSDC | −0.0645% | 4h | 504.30 | +0.001% | $26K | $248K | 10x | as long as short |
| Aster BRKBUSDT | 0.0000% | 8h | 504.04 | −0.051% | $297K | $30K | 20x | as long as short |
| Binance BRKBUSDT | 0.0000% | 8h | 504.43 | +0.026% | $2.6M | $1.5M | 20x | as long as short |
| Bybit BRKBUSDT | 0.0000% | 8h | 505.14 | +0.167% | $105K | $13K | 25x | as long as short |
| OKX BRKB-USDT-SWAP | 0.0000% | 8h | 505.30 | +0.198% | $486K | $140K | 20x | as long as short |
| Gate BRKB_USDTlong | 0.0000% | 8h | 504.30 | long leg | $523K | $22K | 20x | |
| Variational Omni BRKB | 0.0000% | 8h | 504.36 | +0.011% | $426K | $13K | — | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 504.41 | +0.022% | $2K | $1.4M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 504.79 | +0.097% | $7K | $37K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 504.40 | +0.020% | $1.3M | $60K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BRK.B-USD | +0.0043% | 1h | 503.20 | −0.218% | $1.1M | $3.1M | 10x | as long as short |
| KuCoin BRKBUSDTMshort | +0.0100% | 8h | 504.84 | +0.107% | $41K | $1.4M | 20x | |
| Bitget BRKBUSDT | +0.0204% | 8h | 504.42 | +0.024% | $365K | $70K | 20x | as long as short |
| GRVT BRKB_USDT_Perp | +0.1046% | 8h | 504.31 | +0.002% | $3K | $217K | 10x | as long as short |
Gate BRKB_USDT
KuCoin BRKBUSDTM
edgeX BRKBUSDC
Aster BRKBUSDT
Binance BRKBUSDT
Bybit BRKBUSDT
OKX BRKB-USDT-SWAP
Variational Omni BRKB
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDT
Bitget BRKBUSDT
GRVT BRKB_USDT_Perp