Settings8H · net · $10k
Funding arb · Price arb /

BRKB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0422%/8h= −46.3% APRnext payment $4.22 per $10,000 · paid last 24h −0.023%
Price spread now: Variational Omni against OKX−0.262%7-day average −0.119% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.080%−$8 on $10k
Price spread, last 4 days (all we have)+0.085%+$9 · spread now −0.262%, 7d avg −0.119%
Together, before fees+0.005%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Variational Omni is 0.143% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.119%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.080% in total (about -8.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BRKB-USDT-SWAP504.560.0554pay 0.0554% / 8h4h 21m$488K$141K20x
ShortVariational Omni BRKB503.240.0132get 0.0132% / 8h4h 21m$425K$18K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
−$88.7
Price spread: −0.262% → −0.119%
−$14.33
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$113.03
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 34 min ago; Variational Omni: RFQ quote, 37 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 34 min ago1.29 bp88.0 bp −$88doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 37 min ago3.36 bpdoesn't fit50.7 bp −$507doesn't fitdoesn't fit

BRKB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BRK.B-USD−0.0006%1h502.65−0.379%$1.1M$3.1M10xas long as short
Aster BRKBUSDT0.0000%8h503.84−0.144%$297K$30K20xas long as short
Bybit BRKBUSDT0.0000%8h503.79−0.153%$104K$37K25xas long as short
Gate BRKB_USDT0.0000%8h503.60−0.190%$527K$25K20xas long as short
Bitget BRKBUSDT0.0000%8h503.64−0.182%$367K$70K20xas long as short
SunX BRKB-USDT0.0000%8h503.31−0.248%$1K$1.3M10xas long as short
HTX BRKB-USDT0.0000%8h503.64−0.182%$7K$39K20xas long as short
Phemex BRKBUSDT0.0000%8h503.46−0.218%$1.3M$61K10xas long as short
KuCoin BRKBUSDTM+0.0100%8h504.10−0.091%$41K$1.4M20xas long as short
Variational Omni BRKBshort+0.0132%8h503.24−0.262%$425K$18K
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRKBUSDT+0.0320%8h503.40−0.230%$2.6M$1.5M20xas long as short
OKX BRKB-USDT-SWAPlong+0.0554%8h504.56long leg$488K$141K20x
edgeX BRKBUSDC+0.0745%4h503.23−0.263%$26K$248K10xas long as short
GRVT BRKB_USDT_Perp+0.1100%8h503.43−0.223%$2K$217K10xas long as short