BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0439%/8h= −48.1% APRnext payment −$4.39 per $10,000 · paid last 24h −0.034%

Price spread now: KuCoin against OKX−0.048%7-day average −0.097% · you buy dearer than you sell

Net, funding: paid 7d − costs−$993as in the Funding arb table

Net, price: spread back to 7d avg − costs−$977as in the Price arb table

costs, in and out, $10k−$9829.820% of the position

Long on OKX Short on KuCoin

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)−0.081%−$8 · spread now −0.048%, 7d avg −0.097%

Together, before fees−0.186%−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.050% dearer against OKX than usual: you sell high and buy low (spread −0.048% now, against its 7-day average of −0.097%): +$5 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.105% in total) that is about 3.3 days.

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 −$4.39 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	504.22	0.0539	pay 0.0539% / 8h	4h 12m	$488K	$141K	20x
Short	KuCoin BRKBUSDTM	503.98	0.0100	get 0.0100% / 8h	4h 12m	$43K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.048%Rate

Funding earned: −$92.29
Price spread: −0.048% → −0.097%: $4.99
Slippage, 4 orders: −$960.03
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,069.33
Costs to cover: 9.820%
Break-even: never at this rate

Slippage from OKX: live order book, 43 min ago; KuCoin: live order book, 3 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, 43 min ago	1.29 bp	88.0 bp −$88	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	82.16 bp	534.6 bp −$535	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
QFEX BRK.B-USD	−0.0006%	1h	502.72	−0.297%	$1.1M	$3.1M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.83	−0.077%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	503.53	−0.137%	$104K	$37K	25x	as long as short
Gate BRKB_USDT	0.0000%	8h	503.60	−0.123%	$527K	$25K	20x	as long as short
Bitget BRKBUSDT	0.0000%	8h	503.67	−0.109%	$367K	$70K	20x	as long as short
SunX BRKB-USDT	0.0000%	8h	503.47	−0.149%	$1K	$1.3M	10x	as long as short
HTX BRKB-USDT	0.0000%	8h	503.84	−0.075%	$7K	$38K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.36	−0.171%	$1.3M	$61K	10x	as long as short
KuCoin BRKBUSDTMshort	+0.0100%	8h	503.98	−0.048%	$43K	$1.4M	20x
Variational Omni BRKB	+0.0149%	8h	503.41	−0.160%	$425K	$18K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BRKBUSDT	+0.0334%	8h	503.48	−0.147%	$2.6M	$1.5M	20x	as long as short
edgeX BRKBUSDC	+0.0491%	4h	503.42	−0.159%	$26K	$249K	10x	as long as short
OKX BRKB-USDT-SWAPlong	+0.0539%	8h	504.22	long leg	$488K	$141K	20x
GRVT BRKB_USDT_Perp	+0.1041%	8h	503.80	−0.084%	$3K	$217K	10x	as long as short