Funding arb · Price arb / RWA

USDBRL

RWAAll USDBRL markets →

LONGGate▾Gate 0.0000%

⇄⇅

SHORTBinance▾Binance −0.0414%

Backtest 30d

☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GateUSDBRL_USDT	5.5020	0	0.0000% / 8h	5h 59m	$101K	$81K	50x	Long Gate
SHORT	BinanceUSDBRLUSDT	5.4992	−0.0414	pay 0.0414% / 8h	5h 59m	$2.7M	$2.9M	100x	Short Binance

Price gap−0.051%

Funding gap−0.0414% /8h

Funding costs $12 a day on $10k at the current rate. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.018% in total, about +0.0009%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.051%

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

24H3D7D14D30D90D

GateBinance

USDBRL on 8 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

• !
  Watch: Thin at this size35.8 / 19.7 bp

  At $10k entering Gate costs 35.8 bp, fee and slippage, 1.8× Binance’s.
• i
  Note: Margin at max leverage$200 + $100

  Gate 50x, Binance 100x. 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.

  Long Gate · 8h$0.00

  Short Binance · 8h−$12.43

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$12.43Long Gate: 3 payments, $0.00; short Binance: 3 payments, −$12.43.
• i
  Note: Gap at its usual level−0.051% vs −0.037%

  The price leg adds little either way.
• !
  Watch: Long leg is thinner$101K vs $2.7M OI

  Gate sets your exit cost. Check its book before closing.
• i
  Note: No points program—

  Neither exchange runs points right now.
• !
  Watch: KYCGate Yes · Binance Yes

  KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0009%/8h × 21 periods+$1.81

Price spread−0.051% → −0.037% (7d avg)−$1.34

Slippage, 4 orderslive order books−$112.08

Fee Gate bp × 2 orders−$15.00

Fee Binance bp × 2 orders−$8.00

Net · 7 days · $10k−$134.61

Costs to cover1.351%Break-even526.9 days

Slippage: Gate: live order book, 32 min ago; Binance: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGGate9.0935.8 bp−$36doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBinance0.0919.7 bp−$2040.8 bp−$408501.6 bp−$50.2Kdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

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FundingPrice spread

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USDBRL news

posts that mention USDBRL, from every exchange

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11-03 10:41	Bybit	Listing	new market USDBRLUSDT ($USDBRL) seen by our collector
10-06 17:36	Aftermath Perps	Listing	new market USDBRLUSD ($USDBRL) seen by our collector
09-30 04:14	SunX	Other	🔗 OKLO/USDT: 🔗 QNT/USDT: 🔗 USDBRL/USDT: @SunX_DEX on X ↗
09-30 04:00	SunX	Listing	SunX New Listings are LIVE. $OKLO/USDT | Oklo Inc. @oklo $QNT/USDT | Quant @quantnetwork $USDBRL/USDT | Brazilian Real / US Dollar exchange rate With up to 10X leverage 📈 @SunX_DEX on X ↗
09-28 10:44	SunX	Listing	new market USDBRL-USDT ($USDBRL) seen by our collector
09-28 06:14	HTX	Listing	new market USDBRL-USDT ($USDBRL) seen by our collector