BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1072%/8h= −117.4% APRnext payment −$10.72 per $10,000 · paid last 24h −0.132%

Price spread now: SunX against GRVT−0.093%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$214as in the Funding arb table

Net, price: spread back to 7d avg − costs−$173as in the Price arb table

costs, in and out, $10k−$1671.669% of the position

Long on GRVT Short on SunX

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)+0.119%+$12 · spread now −0.093%, 7d avg −0.029%

Together, before fees−0.351%+ Points / potential airdropGRVT: Active · farm board−$35 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and SunX is 0.065% cheaper against GRVT than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.029%). Swap the legs.

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 −$10.72 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	503.97	0.1072	pay 0.1072% / 8h	4h 19m	$2K	$217K	10x
Short	SunX BRKB-USDT	503.50	0	get 0.0000% / 8h	4h 19m	$1K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.093%Rate

Funding earned: −$225.12
Price spread: −0.093% → −0.029%: −$6.46
Slippage, 4 orders: −$149.95
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$398.53
Costs to cover: 1.669%
Break-even: never at this rate

Slippage from GRVT: live order book, 38 min ago; SunX: live order book, 5 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, 38 min ago	1.39 bp	21.6 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	45.40 bp	64.0 bp −$64	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	−0.0510%	4h	503.23	−0.147%	$26K	$248K	10x	as long as short
QFEX BRK.B-USD	−0.0006%	1h	502.69	−0.254%	$1.1M	$3.1M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.88	−0.017%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	503.97	0.000%	$104K	$37K	25x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.00	+0.006%	$528K	$25K	20x	as long as short
Bitget BRKBUSDT	0.0000%	8h	503.68	−0.057%	$367K	$70K	20x	as long as short
SunX BRKB-USDTshort	0.0000%	8h	503.50	−0.093%	$1K	$1.3M	10x
HTX BRKB-USDT	0.0000%	8h	503.83	−0.028%	$7K	$38K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.67	−0.059%	$1.3M	$61K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	503.84	−0.026%	$41K	$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	+0.0142%	8h	503.42	−0.110%	$425K	$18K	—	as long as short
Binance BRKBUSDT	+0.0325%	8h	503.48	−0.097%	$2.6M	$1.5M	20x	as long as short
OKX BRKB-USDT-SWAP	+0.0546%	8h	504.22	+0.050%	$488K	$141K	20x	as long as short
GRVT BRKB_USDT_Perplong	+0.1072%	8h	503.97	long leg	$2K	$217K	10x