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

BRKB

RWAall BRKB markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX+0.220%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,419as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,419as in the Price arb table
costs, in and out, $10k−$1,44014.400% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 4 days (all we have)−0.249%−$25 · spread now +0.220%, 7d avg +0.014%
Together, before fees−0.039%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.207% dearer against SunX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BRKB-USDT503.470get 0.0000% / 8h50m 56s$954$1.2M10x
ShortKuCoin BRKBUSDTM504.580.0100get 0.0100% / 8h50m 56s$47K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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
$21
Price spread: +0.220% → +0.014%
$20.66
Slippage, 4 orders
−$1,419.99
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,398.33
Costs to cover
14.400%
Break-even
473.1 days
Slippage from SunX: live order book, 2 min ago; KuCoin: live order book, 5 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 SunX live order book, 2 min ago45.68 bp63.7 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago49.64 bp548.5 bp −$548doesn'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
Aster BRKBUSDT0.0000%8h503.47−0.001%$297K$30K20xas long as short
Bybit BRKBUSDT0.0000%8h504.89+0.282%$98K$40K25xas long as short
Gate BRKB_USDT0.0000%8h503.90+0.085%$541K$33K20xas long as short
Bitget BRKBUSDT0.0000%8h503.69+0.044%$367K$72K20xas long as short
SunX BRKB-USDTlong0.0000%8h503.47long leg$954$1.2M10x
HTX BRKB-USDT0.0000%8h503.81+0.068%$7K$39K20xas long as short
Phemex BRKBUSDT0.0000%8h503.57+0.020%$1.3M$62K10xas long as short
QFEX BRK.B-USD+0.0012%1h502.97−0.099%$1.1M$3.2M10xas long as short
KuCoin BRKBUSDTMshort+0.0100%8h504.58+0.220%$47K$1.4M20x
Variational Omni BRKB+0.0152%8h503.41−0.013%$427K$20Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BRKB-USDT-SWAP+0.0197%8h504.53+0.211%$484K$147K20xas long as short
Binance BRKBUSDT+0.0391%8h503.48+0.002%$2.6M$1.5M20xas long as short
GRVT BRKB_USDT_Perp+0.0804%8h503.69+0.043%$3K$233K10xas long as short
edgeX BRKBUSDC+0.0975%4h503.40−0.015%$26K$248K10xas long as short