Funding you earn now, next payment 07:00 UTC−0.0112%/8h= −12.2% APRpaid last 24h −0.030%
Price spread now: QFEX against KuCoin−0.291%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$901as in the Price arb table
costs, in and out, $10k−$8778.775% of the position
Funding, last 4 days (all we have)−0.114%−$11 on $10k
+Price spread, last 7 days−0.193%−$19 · spread now −0.291%, 7d avg −0.054%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and QFEX is 0.238% cheaper against KuCoin than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.054%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRKBUSDTM | 504.46 | 0.0100 | pay 0.0100% / 8h | 1h 38m | $46K | $1.4M | 20x |
| Short | QFEX BRK.B-USD | 502.99 | −0.0012 | pay 0.0001% / 1h | 38m 49s | $1.1M | $3.2M | 10x |
KuCoin BRKBUSDTM
QFEX BRK.B-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$23.45
- Price spread: −0.291% → −0.054%
- −$23.78
- Slippage, 4 orders
- −$855.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$924.7
- Costs to cover
- 8.775%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; QFEX: live order book, 4 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, 7 min ago | 32.31 bp | 354.3 bp −$354 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.09 bp | 10.5 bp −$11 | 12.1 bp −$121 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BRK.B-USDshort | −0.0012% | 1h | 502.99 | −0.291% | $1.1M | $3.2M | 10x | |
| Aster BRKBUSDT | 0.0000% | 8h | 503.47 | −0.197% | $297K | $30K | 20x | as long as short |
| Bybit BRKBUSDT | 0.0000% | 8h | 504.65 | +0.038% | $98K | $40K | 25x | as long as short |
| Gate BRKB_USDT | 0.0000% | 8h | 504.20 | −0.052% | $541K | $32K | 20x | as long as short |
| Bitget BRKBUSDT | 0.0000% | 8h | 503.96 | −0.099% | $368K | $72K | 20x | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 503.79 | −0.133% | $1K | $1.2M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 504.10 | −0.071% | $7K | $39K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 503.86 | −0.119% | $1.3M | $62K | 10x | as long as short |
| KuCoin BRKBUSDTMlong | +0.0100% | 8h | 504.46 | long leg | $46K | $1.4M | 20x | |
| Variational Omni BRKB | +0.0244% | 8h | 503.66 | −0.159% | $427K | $20K | — | as long as short |
Aster BRKBUSDT
Bybit BRKBUSDT
Gate BRKB_USDT
Bitget BRKBUSDT
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDT
Variational Omni BRKBShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BRKB-USDT-SWAP | +0.0316% | 8h | 504.35 | −0.022% | $484K | $147K | 20x | as long as short |
| edgeX BRKBUSDC | +0.0445% | 4h | 503.65 | −0.162% | $26K | $247K | 10x | as long as short |
| Binance BRKBUSDT | +0.0445% | 8h | 503.75 | −0.141% | $2.6M | $1.5M | 20x | as long as short |
| GRVT BRKB_USDT_Perp | +0.0836% | 8h | 503.68 | −0.155% | $2K | $232K | 10x | as long as short |
OKX BRKB-USDT-SWAP
edgeX BRKBUSDC
Binance BRKBUSDT
GRVT BRKB_USDT_Perp