BRKB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0503%/8h= +55.1% APRnext payment +$5.03 per $10,000 · paid last 24h +0.064%

Price spread now: OKX against SunX+0.159%47s7-day average +0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs−$220as 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−$2512.512% of the position

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.315%+$32 on $10k

Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.159%, 7d avg +0.105%

Together, before fees+0.193%+$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and OKX is 0.053% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.105%. The two prices were read 47 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 0.315% in total (about 16.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.03 per $10,000. 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	503.70	0	get 0.0000% / 8h	3h 26m	$979	$1.3M	10x
Short	OKX BRKB-USDT-SWAP	504.50	0.0503	get 0.0503% / 8h	3h 26m	$489K	$143K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee SunXbpFee OKXbpOrdersPrice spread, now +0.159%Rate

Funding earned: $105.73
Price spread: +0.159% → +0.105%: $5.35
Slippage, 4 orders: −$233.16
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$140.08
Costs to cover: 2.512%
Break-even: 16.3 days

Slippage from SunX: live order book, 7 min ago; OKX: live order book, 24 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, 7 min ago	45.38 bp	63.4 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 24 min ago	0.50 bp	52.5 bp −$52	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	−0.0878%	4h	503.69	−0.002%	$26K	$247K	10x	as long as short
QFEX BRK.B-USD	−0.0012%	1h	502.75	−0.189%	$1.1M	$3.2M	10x	as long as short
Aster BRKBUSDT	0.0000%	8h	503.92	+0.044%	$297K	$30K	20x	as long as short
Bybit BRKBUSDT	0.0000%	8h	503.75	+0.010%	$99K	$40K	25x	as long as short
Gate BRKB_USDT	0.0000%	8h	504.10	+0.079%	$530K	$26K	20x	as long as short
Bitget BRKBUSDT	0.0000%	8h	503.79	+0.018%	$367K	$71K	20x	as long as short
SunX BRKB-USDTlong	0.0000%	8h	503.70	long leg	$979	$1.3M	10x
HTX BRKB-USDT	0.0000%	8h	504.09	+0.077%	$6K	$38K	20x	as long as short
Phemex BRKBUSDT	0.0000%	8h	503.70	0.000%	$1.3M	$61K	10x	as long as short
KuCoin BRKBUSDTM	+0.0100%	8h	504.27	+0.113%	$43K	$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	−0.047%	$427K	$19K	—	as long as short
Binance BRKBUSDT	+0.0404%	8h	503.68	−0.004%	$2.6M	$1.5M	20x	as long as short
OKX BRKB-USDT-SWAPshort	+0.0503%	8h	504.50	+0.159%	$489K	$143K	20x
GRVT BRKB_USDT_Perp	+0.0985%	8h	503.71	+0.002%	$3K	$224K	10x	as long as short