BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0552%/8h= +60.5% APRnext payment +$5.52 per $10,000 · paid last 24h +0.064%

Price spread now: OKX against Gate−0.002%7-day average +0.087% · you buy dearer than you sell

Net, funding: paid 7d − costs−$540as in the Funding arb table

Net, price: spread back to 7d avg − costs−$580as in the Price arb table

costs, in and out, $10k−$5715.715% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.315%+$32 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.002%, 7d avg +0.087%

Together, before fees+0.268%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.089% cheaper against Gate than usual: you would sell low and buy high (spread −0.002% now, against its 7-day average of +0.087%). If the spread goes back, that is −$9 on $10k: about 13 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.315% in total) that is about 47 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.315% in total (about 16.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.52 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	503.60	0	get 0.0000% / 8h	4h 22m	$527K	$25K	20x
Short	OKX BRKB-USDT-SWAP	503.59	0.0552	get 0.0552% / 8h	4h 22m	$487K	$140K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.002%Rate

Funding earned: $116
Price spread: −0.002% → +0.087%: −$8.9
Slippage, 4 orders: −$546.45
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$464.36
Costs to cover: 5.715%
Break-even: 35.0 days

Slippage from Gate: live order book, 33 min ago; OKX: live order book, 33 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, 33 min ago	12.88 bp	275.4 bp −$275	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 33 min ago	1.29 bp	31.0 bp −$31	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
QFEX BRK.B-USD	−0.0006%	1h	502.65	−0.189%	$1.1M	$3.1M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.82	+0.044%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	503.79	+0.038%	$104K	$37K	25x	as long as short
Gate BRKB_USDTlong	0.0000%	8h	503.60	long leg	$527K	$25K	20x
Bitget BRKBUSDT	0.0000%	8h	503.53	−0.014%	$367K	$70K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.31	−0.058%	$1K	$1.3M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	503.64	+0.008%	$7K	$39K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.35	−0.050%	$1.3M	$61K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.05	+0.089%	$42K	$1.4M	20x	as long as short
Variational Omni BRKB	+0.0132%	8h	503.24	−0.072%	$425K	$18K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BRKBUSDT	+0.0319%	8h	503.29	−0.062%	$2.6M	$1.5M	20x	as long as short
OKX BRKB-USDT-SWAPshort	+0.0552%	8h	503.59	−0.002%	$487K	$140K	20x
edgeX BRKBUSDC	+0.0745%	4h	503.23	−0.073%	$26K	$248K	10x	as long as short
GRVT BRKB_USDT_Perp	+0.1100%	8h	503.43	−0.033%	$2K	$217K	10x	as long as short