Funding you earn now, next payment 01:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h −0.004%
Price spread now: QFEX against Gate−0.285%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$613as in the Price arb table
costs, in and out, $10k−$5875.867% of the position
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.285%, 7d avg −0.023%
=Funding pays, the price is against you. QFEX is 0.262% cheaper against Gate than usual: you would sell low and buy high (spread −0.285% now, against its 7-day average of −0.023%). If the spread goes back, that is −$26 on $10k: about 3 months of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BRKB_USDT | 504.80 | 0 | get 0.0000% / 8h | 7h 36m | $523K | $22K | 20x |
| Short | QFEX BRK.B-USD | 503.36 | 0.0010 | get 0.0001% / 1h | 36m 29s | $1.1M | $3.2M | 10x |
Gate BRKB_USDT
QFEX BRK.B-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $2.07
- Price spread: −0.285% → −0.023%
- −$26.19
- Slippage, 4 orders
- −$561.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$610.83
- Costs to cover
- 5.867%
- Break-even
- 2076.2 days
Slippage from Gate: live order book, 34 min ago; QFEX: live order book, 6 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, 34 min ago | 7.92 bp | 169.5 bp −$170 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 77.16 bp | 86.0 bp −$86 | 88.4 bp −$884 | 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 | 504.29 | −0.102% | $297K | $30K | 20x | as long as short |
| Binance BRKBUSDT | 0.0000% | 8h | 504.30 | −0.099% | $2.6M | $1.4M | 20x | as long as short |
| Bybit BRKBUSDT | 0.0000% | 8h | 505.04 | +0.048% | $103K | $12K | 25x | as long as short |
| OKX BRKB-USDT-SWAP | 0.0000% | 8h | 505.34 | +0.107% | $482K | $135K | 20x | as long as short |
| Gate BRKB_USDTlong | 0.0000% | 8h | 504.80 | long leg | $523K | $22K | 20x | |
| Variational Omni BRKB | 0.0000% | 8h | 504.78 | −0.004% | $426K | $13K | — | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 504.62 | −0.036% | $1K | $1.4M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 504.93 | +0.026% | $6K | $37K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 504.71 | −0.018% | $1.3M | $58K | 10x | as long as short |
| QFEX BRK.B-USDshort | +0.0010% | 1h | 503.36 | −0.285% | $1.1M | $3.2M | 10x |
Aster BRKBUSDT
Binance BRKBUSDT
Bybit BRKBUSDT
OKX BRKB-USDT-SWAP
Variational Omni BRKB
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BRKBUSDTM | +0.0100% | 8h | 504.31 | −0.097% | $38K | $1.3M | 20x | as long as short |
| Bitget BRKBUSDT | +0.0378% | 8h | 504.82 | +0.004% | $366K | $70K | 20x | as long as short |
| edgeX BRKBUSDC | +0.0880% | 4h | 504.47 | −0.066% | $26K | $249K | 10x | as long as short |
| GRVT BRKB_USDT_Perp | +0.1672% | 8h | 504.76 | −0.008% | $3K | $219K | 10x | as long as short |
KuCoin BRKBUSDTM
Bitget BRKBUSDT
edgeX BRKBUSDC
GRVT BRKB_USDT_Perp