# BR funding rates and arbitrage

Updated 2026-10-29 19:35 UTC · https://afterfees.xyz/coin/BR

## Best BR arbitrage after every cost

No BR pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## BR funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [KuCoin](https://afterfees.xyz/venues/kucoin) | BRUSDTM | 0.0175% | 4 h | +38.3% | +29.7% | $5.3M | 2026-10-29 20:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | BRUSDT | 0.0118% | 4 h | +25.8% | +11.6% | $2.1M | 2026-10-29 20:00 |
| [Aster](https://afterfees.xyz/venues/aster) | BRUSDT | 0.0074% | 4 h | +16.2% | +52.6% | $341K | 2026-10-29 20:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | BR-USDT | 0.0072% | 4 h | +15.8% | +11.6% | $1.4M | 2026-10-29 20:00 |
| [Extended](https://afterfees.xyz/venues/extended) | BR-USD | 0.0013% | 1 h | +11.4% | +11.5% | $0 | 2026-10-29 20:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | BRUSDT | 0.0050% | 4 h | +10.9% | +6.4% | — | 2026-10-29 20:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | BR_USDT | 0.0050% | 4 h | +10.9% | +6.1% | $1.5M | 2026-10-29 20:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | BRUSDT | 0.0050% | 4 h | +10.9% | +9.9% | $3.3M | 2026-10-29 20:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | BRUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-29 20:00 |
| [HTX](https://afterfees.xyz/venues/htx) | BR-USDT | 0.0050% | 4 h | +10.9% | +11.0% | $57.6K | 2026-10-29 20:00 |
| [Variational](https://afterfees.xyz/venues/variational) | BR-PERP | 0.0050% | 4 h | +10.9% | — | $50.5K | 2026-10-29 20:00 |
| [Binance](https://afterfees.xyz/venues/binance) | BRUSDT | 0.0050% | 4 h | +10.9% | +6.1% | $6.4M | 2026-10-29 20:00 |
| [Gate](https://afterfees.xyz/venues/gate) | BR_USDT | 0.0039% | 4 h | +8.5% | +5.7% | $407.5K | 2026-10-29 20:00 |

## Borrow BR to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 11.65% | $120K |

## Cost to enter $10,000 of BR

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | BR_USDT | 1.1 bp | top of book only |
| Extended | BR-USD | 5.0 bp | top of book only |
| Binance | BRUSDT | 6.1 bp | top of book only |
| BingX | BR-USDT | 6.1 bp | top of book only |
| Aster | BRUSDT | 7.2 bp | top of book only |
| Variational | BR-PERP | 8.4 bp | top of book only |
| Bitget | BRUSDT | 9.3 bp | top of book only |
| Bybit | BRUSDT | 9.4 bp | top of book only |
| Gate | BR_USDT | 9.4 bp | top of book only |
| Bitget | BRUSDT (spot) | 16.3 bp | top of book only |
| KuCoin | BRUSDTM | 18.0 bp | top of book only |
| Bybit | BRUSDT (spot) | 20.1 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees._

## More on BR

- [Borrow BR: rates on every exchange](https://afterfees.xyz/borrow/BR)

## Questions

**Is BR funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no BR pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest BR funding rate?**

KuCoin at +38.3% a year (0.0175% every 4 h); the lowest is Gate at +8.5%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._