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

BRKB

RWAall BRKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.001%
Price spread now: Gate against QFEX+0.269%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$622as in the Price arb table
costs, in and out, $10k−$6456.452% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.269%, 7d avg +0.037%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Gate is 0.232% dearer against QFEX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BRK.B-USD502.75−0.0012get 0.0001% / 1h30m 16s$1.1M$3.2M10x
ShortGate BRKB_USDT504.100get 0.0000% / 8h3h 30m$530K$26K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against QFEX. 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
$2.47
Price spread: +0.269% → +0.037%
$23.2
Slippage, 4 orders
−$620.15
Fee QFEX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$619.48
Costs to cover
6.452%
Break-even
1762.9 days
Slippage from QFEX: live order book, 3 min ago; Gate: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 3 min ago151.15 bp156.2 bp −$156157.4 bp −$1,574doesn't fitdoesn't fit
Sell Gate live order book, 21 min ago12.88 bp91.2 bp −$91doesn't fitdoesn'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
edgeX BRKBUSDC−0.0214%4h503.43+0.135%$26K$249K10xas long as short
QFEX BRK.B-USDlong−0.0012%1h502.75long leg$1.1M$3.2M10x
Aster BRKBUSDT0.0000%8h503.77+0.203%$297K$30K20xas long as short
Bybit BRKBUSDT0.0000%8h503.58+0.165%$99K$40K25xas long as short
Gate BRKB_USDTshort0.0000%8h504.10+0.269%$530K$26K20x
Bitget BRKBUSDT0.0000%8h503.79+0.207%$367K$71K20xas long as short
SunX BRKB-USDT0.0000%8h503.54+0.157%$979$1.3M10xas long as short
HTX BRKB-USDT0.0000%8h503.64+0.177%$6K$38K20xas long as short
Phemex BRKBUSDT0.0000%8h503.78+0.205%$1.3M$61K10xas long as short
KuCoin BRKBUSDTM+0.0100%8h504.76+0.400%$42K$1.4M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BRKB+0.0208%8h503.46+0.142%$427K$19Kas long as short
Binance BRKBUSDT+0.0401%8h503.65+0.179%$2.6M$1.5M20xas long as short
OKX BRKB-USDT-SWAP+0.0510%8h504.59+0.366%$490K$143K20xas long as short
GRVT BRKB_USDT_Perp+0.0998%8h503.71+0.191%$3K$223K10xas long as short