BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0194%/8h= +21.3% APRnext payment +$1.94 per $10,000 · paid last 24h +0.007%

Price spread now: Binance against OKX−0.123%7-day average −0.098% · you buy dearer than you sell

Net, funding: paid 7d − costs−$186as in the Funding arb table

Net, price: spread back to 7d avg − costs−$178as in the Price arb table

costs, in and out, $10k−$1761.757% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.106%−$11 on $10k

Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.123%, 7d avg −0.098%

Together, before fees+0.113%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.025% cheaper against OKX than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of −0.098%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.94 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	OKX BRKB-USDT-SWAP	504.53	0.0218	pay 0.0218% / 8h	1h 04m	$484K	$147K	20x
Short	Binance BRKBUSDT	503.91	0.0412	get 0.0412% / 8h	1h 04m	$2.6M	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.123%Rate

Funding earned: $40.83
Price spread: −0.123% → −0.098%: −$2.48
Slippage, 4 orders: −$155.68
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$137.32
Costs to cover: 1.757%
Break-even: 30.5 days

Slippage from OKX: live order book, 36 min ago; Binance: live order book, 16 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 OKX live order book, 36 min ago	1.59 bp	87.7 bp −$88	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.10 bp	16.7 bp −$17	38.4 bp −$384	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-USD	−0.0012%	1h	503.05	−0.293%	$1.1M	$3.2M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.47	−0.211%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	504.86	+0.065%	$98K	$40K	25x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.50	−0.006%	$541K	$33K	20x	as long as short
Bitget BRKBUSDT	0.0000%	8h	504.15	−0.075%	$368K	$72K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.87	−0.131%	$1K	$1.2M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	504.26	−0.054%	$7K	$39K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.97	−0.111%	$1.3M	$62K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.60	+0.014%	$48K	$1.4M	20x	as long as short
Variational Omni BRKB	+0.0184%	8h	503.81	−0.142%	$427K	$20K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BRKB-USDT-SWAPlong	+0.0218%	8h	504.53	long leg	$484K	$147K	20x
Binance BRKBUSDTshort	+0.0412%	8h	503.91	−0.123%	$2.6M	$1.5M	20x
GRVT BRKB_USDT_Perp	+0.0820%	8h	503.96	−0.113%	$3K	$232K	10x	as long as short
edgeX BRKBUSDC	+0.0879%	4h	503.81	−0.142%	$26K	$247K	10x	as long as short