BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0344%/8h= −37.7% APRnext payment −$3.44 per $10,000 · paid last 24h −0.064%

Price spread now: SunX against OKX−0.143%7-day average −0.107% · you buy dearer than you sell

Net, funding: paid 7d − costs−$291as in the Funding arb table

Net, price: spread back to 7d avg − costs−$263as in the Price arb table

costs, in and out, $10k−$2592.592% of the position

Long on OKX Short on SunX

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)+0.119%+$12 · spread now −0.143%, 7d avg −0.107%

Together, before fees−0.196%−$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 0.036% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.107%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BRKB-USDT-SWAP	504.16	0.0344	pay 0.0344% / 8h	1h 46m	$484K	$147K	20x
Short	SunX BRKB-USDT	503.44	0	get 0.0000% / 8h	1h 46m	$995	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.143%Rate

Funding earned: −$72.24
Price spread: −0.143% → −0.107%: −$3.61
Slippage, 4 orders: −$241.18
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$335.02
Costs to cover: 2.592%
Break-even: never at this rate

Slippage from OKX: live order book, 59 min ago; SunX: live order book, 7 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, 59 min ago	1.29 bp	89.5 bp −$89	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	44.79 bp	63.4 bp −$63	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	−0.0665%	4h	503.42	−0.147%	$26K	$248K	10x	as long as short
QFEX BRK.B-USD	−0.0012%	1h	502.99	−0.232%	$1.1M	$3.2M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.47	−0.138%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	504.41	+0.050%	$98K	$40K	25x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.20	+0.008%	$541K	$32K	20x	as long as short
Bitget BRKBUSDT	0.0000%	8h	503.90	−0.052%	$368K	$72K	20x	as long as short
SunX BRKB-USDTshort	0.0000%	8h	503.44	−0.143%	$995	$1.2M	10x
HTX BRKB-USDT	0.0000%	8h	503.86	−0.060%	$7K	$39K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.57	−0.117%	$1.3M	$62K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.42	+0.052%	$46K	$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	+0.0265%	8h	503.42	−0.146%	$427K	$20K	—	as long as short
OKX BRKB-USDT-SWAPlong	+0.0344%	8h	504.16	long leg	$484K	$147K	20x
Binance BRKBUSDT	+0.0461%	8h	503.46	−0.139%	$2.6M	$1.5M	20x	as long as short
GRVT BRKB_USDT_Perp	+0.0884%	8h	503.79	−0.073%	$2K	$232K	10x	as long as short