Funding you earn now, next payment 12:00 UTC+0.0640%/8h= +70.1% APRpaid last 24h −0.060%
Price spread now: edgeX against SunX−0.043%74s7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1501.503% of the position
Funding, last 7 days+0.231%+$23 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now −0.043%, 7d avg −0.008%
=Together, before fees+0.176%+ Points / potential airdropedgeX: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.035% cheaper against SunX than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of −0.008%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.231% in total) that is about 25 hours. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.231% in total (about 12.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BRKB-USDT | 503.78 | 0 | get 0.0000% / 8h | 7h 38m | $1K | $1.2M | 10x |
| Short | edgeX BRKBUSDC | 503.57 | 0.0640 | get 0.0320% / 4h | 3h 38m | $26K | $247K | 10x |
SunX BRKB-USDT
edgeX BRKBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against SunX. 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
- $134.4
- Price spread: −0.043% → −0.008%
- −$3.47
- Slippage, 4 orders
- −$133.28
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$19.35
- Costs to cover
- 1.503%
- Break-even
- 8.0 days
Slippage from SunX: live order book, 5 min ago; edgeX: live order book, 59 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 SunX live order book, 5 min ago | 46.26 bp | 64.3 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 59 min ago | 5.56 bp | 10.6 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BRK.B-USD | −0.0010% | 1h | 502.77 | −0.200% | $1.1M | $3.3M | 10x | as long as short |
| Aster BRKBUSDT | 0.0000% | 8h | 503.21 | −0.113% | $296K | $30K | 20x | as long as short |
| Bybit BRKBUSDT | 0.0000% | 8h | 504.11 | +0.066% | $98K | $40K | 25x | as long as short |
| Gate BRKB_USDT | 0.0000% | 8h | 504.00 | +0.044% | $541K | $33K | 20x | as long as short |
| Bitget BRKBUSDT | 0.0000% | 8h | 503.65 | −0.026% | $380K | $79K | 20x | as long as short |
| SunX BRKB-USDTlong | 0.0000% | 8h | 503.78 | long leg | $1K | $1.2M | 10x | |
| HTX BRKB-USDT | 0.0000% | 8h | 503.87 | +0.018% | $6K | $40K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 503.68 | −0.020% | $1.3M | $65K | 10x | as long as short |
| KuCoin BRKBUSDTM | +0.0100% | 8h | 503.95 | +0.034% | $47K | $1.4M | 20x | as long as short |
| Variational Omni BRKB | +0.0120% | 8h | 503.57 | −0.042% | $427K | $20K | — | as long as short |
QFEX BRK.B-USD
Aster BRKBUSDT
Bybit BRKBUSDT
Gate BRKB_USDT
Bitget BRKBUSDT
HTX BRKB-USDT
Phemex BRKBUSDT
KuCoin BRKBUSDTM
Variational Omni BRKBShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BRKB-USDT-SWAP | +0.0150% | 8h | 504.31 | +0.105% | $488K | $153K | 20x | as long as short |
| Binance BRKBUSDT | +0.0348% | 8h | 503.71 | −0.014% | $2.6M | $1.5M | 20x | as long as short |
| GRVT BRKB_USDT_Perp | +0.0588% | 8h | 503.64 | −0.028% | $2K | $237K | 10x | as long as short |
| edgeX BRKBUSDCshort | +0.0640% | 4h | 503.57 | −0.043% | $26K | $247K | 10x |
OKX BRKB-USDT-SWAP
Binance BRKBUSDT
GRVT BRKB_USDT_Perp