Settings8H · net · $10k
Funding arb · Price arb /

BRKB

RWAall BRKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0391%/8h= −42.8% APRnext payment $3.91 per $10,000 · paid last 24h −0.073%
Price spread now: Binance against GRVT−0.010%59s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4,763as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4,73347.326% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.300%−$30 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.010%, 7d avg −0.026%
Together, before fees−0.345%+ Points / potential airdropGRVT: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BRKB_USDT_Perp503.840.0859pay 0.0859% / 8h4h 50m$2K$255K10x
ShortBinance BRKBUSDT503.790.0468get 0.0468% / 8h4h 50m$2.6M$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
−$82.11
Price spread: −0.010% → −0.026%
$1.62
Slippage, 4 orders
−$4,713.64
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$4,813.13
Costs to cover
47.326%
Break-even
never at this rate
Slippage from GRVT: live order book, 54 min ago; Binance: live order book, 8 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 GRVT live order book, 54 min ago2.08 bp4686.1 bp −$4,686doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago0.10 bp13.6 bp −$1449.5 bp −$495doesn't fitdoesn't fit

BRKB on 14 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BRKBUSDT0.0000%8h503.58−0.051%$297K$30K20xas long as short
Bybit BRKBUSDT0.0000%8h504.71+0.174%$98K$41K25xas long as short
QFEX BRK.B-USD0.0000%1h502.80−0.206%$1.1M$2.5M10xas long as short
Gate BRKB_USDT0.0000%8h504.30+0.092%$541K$33K20xas long as short
SunX BRKB-USDT0.0000%8h503.76−0.015%$1K$1.0M10xas long as short
HTX BRKB-USDT0.0000%8h504.14+0.060%$7K$39K20xas long as short
Phemex BRKBUSDT0.0000%8h503.89+0.011%$1.3M$62K10xas long as short
KuCoin BRKBUSDTM+0.0100%8h504.11+0.054%$47K$1.5M20xas long as short
Bitget BRKBUSDT+0.0230%8h503.88+0.009%$396K$61K20xas long as short
Variational Omni BRKB+0.0272%8h503.65−0.038%$426K$20Kas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BRKB-USDT-SWAP+0.0399%8h504.31+0.094%$487K$148K20xas long as short
Binance BRKBUSDTshort+0.0468%8h503.79−0.010%$2.6M$1.5M20x
GRVT BRKB_USDT_Perplong+0.0859%8h503.84long leg$2K$255K10x
edgeX BRKBUSDC+0.0918%4h503.65−0.037%$26K$246K10xas long as short