BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0510%/8h= −55.9% APRnext payment −$5.10 per $10,000 · paid last 24h −0.064%

Price spread now: Gate against OKX−0.097%7-day average −0.086% · you buy dearer than you sell

Net, funding: paid 7d − costs−$488as in the Funding arb table

Net, price: spread back to 7d avg − costs−$458as in the Price arb table

costs, in and out, $10k−$4574.565% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.315%−$32 on $10k

Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.097%, 7d avg −0.086%

Together, before fees−0.207%−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.086%, so right now this pair is about funding alone: −$15 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 -0.315% in total (about -16.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.10 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	504.59	0.0510	pay 0.0510% / 8h	3h 29m	$489K	$143K	20x
Short	Gate BRKB_USDT	504.10	0	get 0.0000% / 8h	3h 29m	$530K	$26K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.097%Rate

Funding earned: −$107.13
Price spread: −0.097% → −0.086%: −$1.08
Slippage, 4 orders: −$431.54
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$564.75
Costs to cover: 4.565%
Break-even: never at this rate

Slippage from OKX: live order book, 21 min ago; Gate: live order book, 21 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, 21 min ago	0.50 bp	71.2 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 21 min ago	12.88 bp	91.2 bp −$91	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	−0.0214%	4h	503.43	−0.230%	$26K	$249K	10x	as long as short
QFEX BRK.B-USD	−0.0012%	1h	502.75	−0.365%	$1.1M	$3.2M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.84	−0.149%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	503.72	−0.172%	$99K	$40K	25x	as long as short
Gate BRKB_USDTshort	0.0000%	8h	504.10	−0.097%	$530K	$26K	20x
Bitget BRKBUSDT	0.0000%	8h	503.79	−0.159%	$367K	$71K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.54	−0.208%	$979	$1.3M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	503.64	−0.188%	$6K	$38K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.78	−0.161%	$1.3M	$61K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.72	+0.026%	$42K	$1.4M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRKB	+0.0208%	8h	503.46	−0.224%	$427K	$19K	—	as long as short
Binance BRKBUSDT	+0.0401%	8h	503.75	−0.166%	$2.6M	$1.5M	20x	as long as short
OKX BRKB-USDT-SWAPlong	+0.0510%	8h	504.59	long leg	$489K	$143K	20x
GRVT BRKB_USDT_Perp	+0.0998%	8h	503.71	−0.174%	$3K	$223K	10x	as long as short