Funding you earn now, next payment 09:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.059%
Price spread now: QFEX against OKX−0.268%7-day average −0.133% · 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−$164as in the Price arb table
costs, in and out, $10k−$1511.507% of the position
Funding, last 4 days (all we have)−0.181%−$18 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.268%, 7d avg −0.133%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and QFEX is 0.135% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.133%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BRKB-USDT-SWAP | 504.07 | 0.0138 | pay 0.0138% / 8h | 7h 28m | $488K | $153K | 20x |
| Short | QFEX BRK.B-USD | 502.72 | −0.0010 | pay 0.0001% / 1h | 28m 15s | $1.1M | $3.3M | 10x |
OKX BRKB-USDT-SWAP
QFEX BRK.B-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against OKX. 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
- −$31.15
- Price spread: −0.268% → −0.133%
- −$13.5
- Slippage, 4 orders
- −$130.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$195.37
- Costs to cover
- 1.507%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; QFEX: live order book, 5 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, 3 min ago | 1.59 bp | 87.3 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.19 bp | 10.0 bp −$10 | 11.3 bp −$113 | 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 | −0.0010% | 1h | 502.72 | −0.268% | $1.1M | $3.3M | 10x | |
| Aster BRKBUSDT | 0.0000% | 8h | 503.15 | −0.182% | $296K | $30K | 20x | as long as short |
| Bybit BRKBUSDT | 0.0000% | 8h | 504.11 | +0.008% | $98K | $40K | 25x | as long as short |
| Gate BRKB_USDT | 0.0000% | 8h | 504.00 | −0.014% | $541K | $33K | 20x | as long as short |
| Bitget BRKBUSDT | 0.0000% | 8h | 503.66 | −0.081% | $380K | $78K | 20x | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 503.54 | −0.105% | $1K | $1.2M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 503.89 | −0.036% | $7K | $40K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 503.57 | −0.099% | $1.3M | $65K | 10x | as long as short |
| edgeX BRKBUSDC | +0.0064% | 4h | 503.51 | −0.112% | $26K | $249K | 10x | as long as short |
| KuCoin BRKBUSDTM | +0.0100% | 8h | 504.06 | −0.002% | $47K | $1.4M | 20x | as long as short |
Aster BRKBUSDT
Bybit BRKBUSDT
Gate BRKB_USDT
Bitget BRKBUSDT
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDT
edgeX BRKBUSDC
KuCoin BRKBUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BRKB | +0.0108% | 8h | 503.51 | −0.112% | $426K | $21K | — | as long as short |
| OKX BRKB-USDT-SWAPlong | +0.0138% | 8h | 504.07 | long leg | $488K | $153K | 20x | |
| Binance BRKBUSDT | +0.0334% | 8h | 503.53 | −0.107% | $2.6M | $1.5M | 20x | as long as short |
| GRVT BRKB_USDT_Perp | +0.0485% | 8h | 503.63 | −0.087% | $3K | $238K | 10x | as long as short |
Variational Omni BRKB
Binance BRKBUSDT
GRVT BRKB_USDT_Perp