BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: SunX against KuCoin−0.105%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$953as in the Funding arb table

Net, price: spread back to 7d avg − costs−$942as in the Price arb table

costs, in and out, $10k−$9329.322% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 3 days (all we have)+0.133%+$13 · spread now −0.105%, 7d avg −0.009%

Together, before fees−0.077%−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.095% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.009%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BRKBUSDTM	504.94	0.0100	pay 0.0100% / 8h	6h 39m	$40K	$1.4M	20x
Short	SunX BRKB-USDT	504.41	0	get 0.0000% / 8h	6h 39m	$2K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee KuCoinbpFee SunXbpOrdersPrice spread, now −0.105%Rate

Funding earned: −$21
Price spread: −0.105% → −0.009%: −$9.55
Slippage, 4 orders: −$912.17
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$962.72
Costs to cover: 9.322%
Break-even: never at this rate

Slippage from KuCoin: live order book, 10 min ago; SunX: 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, 10 min ago	43.85 bp	313.4 bp −$313	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	44.90 bp	63.6 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	−0.0645%	4h	504.30	−0.126%	$26K	$248K	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.98	−0.190%	$297K	$30K	20x	as long as short
Binance BRKBUSDT	0.0000%	8h	504.39	−0.108%	$2.6M	$1.5M	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	505.04	+0.020%	$105K	$13K	25x	as long as short
OKX BRKB-USDT-SWAP	0.0000%	8h	505.30	+0.071%	$486K	$140K	20x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.30	−0.127%	$523K	$22K	20x	as long as short
Variational Omni BRKB	0.0000%	8h	504.36	−0.115%	$426K	$13K	—	as long as short
SunX BRKB-USDTshort	0.0000%	8h	504.41	−0.105%	$2K	$1.4M	10x
HTX BRKB-USDT	0.0000%	8h	504.44	−0.099%	$6K	$37K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	504.40	−0.107%	$1.3M	$60K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX BRK.B-USD	+0.0043%	1h	503.23	−0.339%	$1.1M	$3.1M	10x	as long as short
KuCoin BRKBUSDTMlong	+0.0100%	8h	504.94	long leg	$40K	$1.4M	20x
Bitget BRKBUSDT	+0.0201%	8h	504.47	−0.093%	$365K	$70K	20x	as long as short
GRVT BRKB_USDT_Perp	+0.1046%	8h	504.31	−0.125%	$3K	$217K	10x	as long as short