BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0998%/8h= −109.3% APRnext payment −$9.98 per $10,000 · paid last 24h −0.132%

Price spread now: Aster against GRVT−0.001%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$531as in the Funding arb table

Net, price: spread back to 7d avg − costs−$484as in the Price arb table

costs, in and out, $10k−$4844.845% of the position

Long on GRVT Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.470%−$47 on $10k

Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.001%, 7d avg −0.007%

Together, before fees−0.497%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$50 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$30 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.470% in total (about -24.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.98 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	GRVT BRKB_USDT_Perp	503.71	0.0998	pay 0.0998% / 8h	3h 30m	$3K	$223K	10x
Short	Aster BRKBUSDT	503.70	0	get 0.0000% / 8h	3h 30m	$297K	$30K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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 GRVTbpFee AsterbpOrdersPrice spread, now −0.001%Rate

Funding earned: −$209.58
Price spread: −0.001% → −0.007%: $0.58
Slippage, 4 orders: −$467.46
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$693.46
Costs to cover: 4.845%
Break-even: never at this rate

Slippage from GRVT: live order book, 22 min ago; Aster: live order book, 21 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 GRVT live order book, 22 min ago	3.08 bp	17.2 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 21 min ago	42.74 bp	69.3 bp −$69	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	−0.0214%	4h	503.43	−0.056%	$26K	$249K	10x	as long as short
QFEX BRK.B-USD	−0.0012%	1h	502.75	−0.191%	$1.1M	$3.2M	10x	as long as short
Aster BRKBUSDTshort	0.0000%	8h	503.70	−0.001%	$297K	$30K	20x
Bybit BRKBUSDT	0.0000%	8h	503.58	−0.026%	$101K	$39K	25x	as long as short
Gate BRKB_USDT	0.0000%	8h	503.80	+0.018%	$529K	$26K	20x	as long as short
Bitget BRKBUSDT	0.0000%	8h	503.72	+0.002%	$367K	$71K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.53	−0.036%	$884	$1.3M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	503.87	+0.032%	$6K	$38K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.47	−0.048%	$1.3M	$61K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.85	+0.226%	$42K	$1.4M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRKB	+0.0208%	8h	503.46	−0.049%	$427K	$19K	—	as long as short
Binance BRKBUSDT	+0.0400%	8h	503.55	−0.033%	$2.6M	$1.5M	20x	as long as short
OKX BRKB-USDT-SWAP	+0.0513%	8h	504.43	+0.143%	$489K	$143K	20x	as long as short
GRVT BRKB_USDT_Perplong	+0.0998%	8h	503.71	long leg	$3K	$223K	10x