Funding you earn now, next payment 08:00 UTC−0.0684%/8h= −74.9% APRpaid last 24h −0.150%
Price spread now: edgeX against KuCoin−0.129%53s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$941as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$9449.436% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.129%, 7d avg −0.020%
=Together, before fees+0.163%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and edgeX is 0.109% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.020%). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.027% in total (about 1.4% a year). A funding rate is set anew for every payment. 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 | KuCoin BRKBUSDTM | 504.15 | 0.0100 | pay 0.0100% / 8h | 3h 18m | $42K | $1.4M | 20x |
| Short | edgeX BRKBUSDC | 503.50 | −0.0584 | pay 0.0292% / 4h | 3h 18m | $26K | $248K | 10x |
KuCoin BRKBUSDTM
edgeX BRKBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- −$143.67
- Price spread: −0.129% → −0.020%
- −$10.91
- Slippage, 4 orders
- −$922.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$1,098.18
- Costs to cover
- 9.436%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; edgeX: live order book, 34 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 KuCoin live order book, 2 min ago | 34.22 bp | 370.8 bp −$371 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 34 min ago | 8.94 bp | 19.6 bp −$20 | 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 BRKBUSDCshort | −0.0584% | 4h | 503.50 | −0.129% | $26K | $248K | 10x | |
| QFEX BRK.B-USD | −0.0012% | 1h | 502.75 | −0.278% | $1.1M | $3.2M | 10x | as long as short |
| Aster BRKBUSDT | 0.0000% | 8h | 504.89 | +0.147% | $297K | $30K | 20x | as long as short |
| Bybit BRKBUSDT | 0.0000% | 8h | 503.02 | −0.224% | $99K | $40K | 25x | as long as short |
| Gate BRKB_USDT | 0.0000% | 8h | 504.10 | −0.010% | $530K | $26K | 20x | as long as short |
| Bitget BRKBUSDT | 0.0000% | 8h | 503.71 | −0.087% | $367K | $71K | 20x | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 503.59 | −0.111% | $941 | $1.3M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 503.91 | −0.048% | $6K | $38K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 503.58 | −0.113% | $1.3M | $62K | 10x | as long as short |
| KuCoin BRKBUSDTMlong | +0.0100% | 8h | 504.15 | long leg | $42K | $1.4M | 20x |
QFEX BRK.B-USD
Aster BRKBUSDT
Bybit BRKBUSDT
Gate BRKB_USDT
Bitget BRKBUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BRKB | +0.0209% | 8h | 503.50 | −0.130% | $427K | $19K | — | as long as short |
| Binance BRKBUSDT | +0.0402% | 8h | 503.45 | −0.139% | $2.6M | $1.5M | 20x | as long as short |
| OKX BRKB-USDT-SWAP | +0.0493% | 8h | 504.28 | +0.026% | $489K | $143K | 20x | as long as short |
| GRVT BRKB_USDT_Perp | +0.0960% | 8h | 503.97 | −0.035% | $3K | $225K | 10x | as long as short |
Variational Omni BRKB
Binance BRKBUSDT
OKX BRKB-USDT-SWAP
GRVT BRKB_USDT_Perp