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

BRKB

RWAall BRKB markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0393%/8h= +43.1% APRnext payment +$3.93 per $10,000 · paid last 24h +0.034%
Price spread now: OKX against KuCoin+0.077%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,023as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,036as in the Price arb table
costs, in and out, $10k−$1,03410.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.105%+$11 on $10k
Price spread, last 4 days (all we have)+0.084%+$8 · spread now +0.077%, 7d avg +0.097%
Together, before fees+0.189%+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.097%, so right now this pair is about funding alone: +$12 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 0.105% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BRKBUSDTM503.890.0100pay 0.0100% / 8h3h 15m$42K$1.4M20x
ShortOKX BRKB-USDT-SWAP504.280.0493get 0.0493% / 8h3h 15m$489K$143K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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
$82.63
Price spread: +0.077% → +0.097%
−$1.96
Slippage, 4 orders
−$1,011.83
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$953.15
Costs to cover
10.338%
Break-even
87.7 days
Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 35 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 KuCoin live order book, 5 min ago34.22 bp370.8 bp −$371doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 35 min ago0.50 bp52.5 bp −$52doesn't fitdoesn't fitdoesn't fit

BRKB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX BRKBUSDC−0.0584%4h503.50−0.078%$26K$248K10xas long as short
QFEX BRK.B-USD−0.0012%1h502.78−0.220%$1.1M$3.2M10xas long as short
Aster BRKBUSDT0.0000%8h503.72−0.033%$297K$30K20xas long as short
Bybit BRKBUSDT0.0000%8h502.99−0.179%$99K$40K25xas long as short
Gate BRKB_USDT0.0000%8h504.00+0.022%$530K$26K20xas long as short
Bitget BRKBUSDT0.0000%8h503.71−0.036%$367K$71K20xas long as short
SunX BRKB-USDT0.0000%8h503.54−0.069%$941$1.3M10xas long as short
HTX BRKB-USDT0.0000%8h503.87−0.004%$6K$38K20xas long as short
Phemex BRKBUSDT0.0000%8h503.52−0.073%$1.3M$62K10xas long as short
KuCoin BRKBUSDTMlong+0.0100%8h503.89long leg$42K$1.4M20x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BRKB+0.0209%8h503.45−0.087%$427K$19Kas long as short
Binance BRKBUSDT+0.0402%8h503.54−0.069%$2.6M$1.5M20xas long as short
OKX BRKB-USDT-SWAPshort+0.0493%8h504.28+0.077%$489K$143K20x
GRVT BRKB_USDT_Perp+0.0960%8h503.97+0.016%$3K$225K10xas long as short