TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

PBR

RWAAll PBR markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BitgetPBRUSDT
21.378+0.4563pay 0.4563% / 8h1h 13m$502K$399K20xLong Bitget
SHORT
BingXNCSKPBR2USD-USDT
21.480+0.4416get 0.4416% / 8h1h 13m$285K$367K—Short BingX
Price gap+0.477%
Funding gap−0.0147% /8h

The gap pays +$36 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 8.2 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$20−0.0147% /8h now · paid +0.198% over the last 5 days (all we have)
Price+$36spread +0.477% now, avg +0.115% → +0.362% if it goes back
Costs−$2832.827% of $10k · taker + slippage, in and out
Result−$227−2.27%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.477%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PBR on 4 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size14.1 / 129.0 bp
    At $10k entering BingX costs 129.0 bp, fee and slippage, 9.1× Bitget’s.
  • Note: Margin at max leverage$500 + —
    Bitget 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$4.41Long Bitget: 3 payments, −$136.89; short BingX: 3 payments, +$132.48.
  • OK: Entry gap works for you+0.477% vs +0.115%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$285K vs $502K OI
    BingX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBitget Yes · BingX Yes
    KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0125%/8h × 21 periods+$26.21
Price spread+0.477% → +0.115% (7d avg)+$36.19
Slippage, 4 orderslive order books−$260.72
Fee Bitget bp × 2 orders−$12.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$220.32
Costs to cover2.827%Break-even65.8 days
Slippage: Bitget: live order book, 34 min ago; BingX: live order book, 17 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBitget2.7714.1 bp−$1468.5 bp−$685doesn’t fitdoesn’t fit
SELL · SHORTBingX27.62129.0 bp−$129doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

PBR news

posts that mention PBR, from every exchange
10-28 14:56BitgetListingnew market PBRUSDT ($PBR) seen by our collector
10-19 10:00GateListingGate Futures Stocks Section: Initial Listing of 6 New Contracts 🔹 #VICRUSDT (Vicor Corporation) 🔹 #GRALUSDT (GRAIL, Inc.) 🔹 #YPFUSDT (YPF Sociedad Anónima) 🔹 #VISTUSDT (Vista Energy, S.A.B. De C.V.) 🔹 #PBRUSDT (Petróleo Brasileiro S.A.) 🔹 #NUUSDT (Nu Holdings Ltd.) Trading Starts: October 19, 2026, at 10:00 AM (UTC) Supports 1 – 20x Leverage, Bots, and Copy Trading. Gate now supports 482 stock contracts. Details: @Gate on X ↗
10-19 10:00GateListingnew market PBR_USDT ($PBR) seen by our collector
10-12 09:47BybitListingnew market PBRUSDT ($PBR) seen by our collector