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 − costs—under 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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BRK.B-USD | 502.75 | −0.0012 | get 0.0001% / 1h | 30m 16s | $1.1M | $3.2M | 10x |
| Short | Gate BRKB_USDT | 504.10 | 0 | get 0.0000% / 8h | 3h 30m | $530K | $26K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 3 min ago | 151.15 bp | 156.2 bp −$156 | 157.4 bp −$1,574 | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 12.88 bp | 91.2 bp −$91 | 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 | −0.0214% | 4h | 503.43 | +0.135% | $26K | $249K | 10x | as long as short |
| QFEX BRK.B-USDlong | −0.0012% | 1h | 502.75 | long leg | $1.1M | $3.2M | 10x | |
| Aster BRKBUSDT | 0.0000% | 8h | 503.77 | +0.203% | $297K | $30K | 20x | as long as short |
| Bybit BRKBUSDT | 0.0000% | 8h | 503.58 | +0.165% | $99K | $40K | 25x | as long as short |
| Gate BRKB_USDTshort | 0.0000% | 8h | 504.10 | +0.269% | $530K | $26K | 20x | |
| Bitget BRKBUSDT | 0.0000% | 8h | 503.79 | +0.207% | $367K | $71K | 20x | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 503.54 | +0.157% | $979 | $1.3M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 503.64 | +0.177% | $6K | $38K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 503.78 | +0.205% | $1.3M | $61K | 10x | as long as short |
| KuCoin BRKBUSDTM | +0.0100% | 8h | 504.76 | +0.400% | $42K | $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 | +0.0208% | 8h | 503.46 | +0.142% | $427K | $19K | — | as long as short |
| Binance BRKBUSDT | +0.0401% | 8h | 503.65 | +0.179% | $2.6M | $1.5M | 20x | as long as short |
| OKX BRKB-USDT-SWAP | +0.0510% | 8h | 504.59 | +0.366% | $490K | $143K | 20x | as long as short |
| GRVT BRKB_USDT_Perp | +0.0998% | 8h | 503.71 | +0.191% | $3K | $223K | 10x | as long as short |
Gate BRKB_USDT
edgeX BRKBUSDC
Aster BRKBUSDT
Bybit BRKBUSDT
Bitget BRKBUSDT
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDT
KuCoin BRKBUSDTM
Variational Omni BRKB
Binance BRKBUSDT
OKX BRKB-USDT-SWAP
GRVT BRKB_USDT_Perp