Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Phemex+0.089%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costs−$333as in the Price arb table
costs, in and out, $10k−$3353.348% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.069%−$7 · spread now +0.089%, 7d avg +0.072%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BRKBUSDT | 504.06 | 0 | get 0.0000% / 8h | 6h 00m | $1.3M | $59K | 10x |
| Short | Bybit BRKBUSDT | 504.51 | 0 | get 0.0000% / 8h | 6h 00m | $105K | $13K | 25x |
Phemex BRKBUSDT
Bybit BRKBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Phemex. 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
- $0
- Price spread: +0.089% → +0.072%
- $1.71
- Slippage, 4 orders
- −$311.82
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$333.11
- Costs to cover
- 3.348%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Bybit: live order book, 64 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 Phemex live order book, 2 min ago | 7.54 bp | 52.5 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 64 min ago | 16.23 bp | 122.5 bp −$122 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BRKBUSDT | 0.0000% | 8h | 503.76 | −0.060% | $297K | $30K | 20x | as long as short |
| Bybit BRKBUSDTshort | 0.0000% | 8h | 504.51 | +0.089% | $105K | $13K | 25x | |
| Gate BRKB_USDT | 0.0000% | 8h | 504.30 | +0.048% | $526K | $24K | 20x | as long as short |
| Variational Omni BRKB | 0.0000% | 8h | 503.92 | −0.028% | $427K | $15K | — | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 504.03 | −0.006% | $1K | $1.3M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 504.32 | +0.052% | $7K | $38K | 20x | as long as short |
| Phemex BRKBUSDTlong | 0.0000% | 8h | 504.06 | long leg | $1.3M | $59K | 10x | |
| Binance BRKBUSDT | +0.0020% | 8h | 504.00 | −0.012% | $2.6M | $1.4M | 20x | as long as short |
| QFEX BRK.B-USD | +0.0043% | 1h | 502.70 | −0.270% | $1.1M | $3.1M | 10x | as long as short |
| Bitget BRKBUSDT | +0.0068% | 8h | 504.08 | +0.004% | $365K | $68K | 20x | as long as short |
Aster BRKBUSDT
Gate BRKB_USDT
Variational Omni BRKB
SunX BRKB-USDT
HTX BRKB-USDT
Binance BRKBUSDT
QFEX BRK.B-USD
Bitget BRKBUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BRKBUSDTM | +0.0100% | 8h | 504.41 | +0.069% | $41K | $1.4M | 20x | as long as short |
| OKX BRKB-USDT-SWAP | +0.0106% | 8h | 504.86 | +0.159% | $486K | $139K | 20x | as long as short |
| edgeX BRKBUSDC | +0.0894% | 4h | 503.81 | −0.049% | $26K | $249K | 10x | as long as short |
| GRVT BRKB_USDT_Perp | +0.1108% | 8h | 504.01 | −0.010% | $2K | $215K | 10x | as long as short |
KuCoin BRKBUSDTM
OKX BRKB-USDT-SWAP
edgeX BRKBUSDC
GRVT BRKB_USDT_Perp