BIRB funding rates and arbitrage
Updated 2026-11-11 23:57 UTC
Best BIRB arbitrage after every cost
| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| BIRB | Perp ↔ perp | LBank BIRBUSDT | KuCoin BIRBUSDTM | +$174.81 | +91.2% | $7.5K | Watch |
| BIRB | Perp ↔ perp | Bitget BIRBUSDT | KuCoin BIRBUSDTM | −$106.11 | −55.3% | < $100 | Watch |
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
BIRB funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Crypto.com | BIRBUSD-PERP | 0.0562% | 1 h | +492.1% | +344.7% | $1.8K | 2026-11-12 00:00 |
| Bybit | BIRBUSDT | 0.0050% | 4 h | +10.9% | −41.6% | $2.6M | 2026-11-12 04:00 |
| BloFin | BIRB-USDT | 0.0030% | 4 h | +6.6% | −41.4% | $164.8K | 2026-11-12 04:00 |
| KuCoin | BIRBUSDTM | -0.0032% | 4 h | −7.0% | −36.6% | $1.3M | 2026-11-12 04:00 |
| Gate | BIRB_USDT | -0.0499% | 4 h | −109.3% | −62.7% | $164.3K | 2026-11-12 00:00 |
| LBank | BIRBUSDT | -0.0758% | 4 h | −165.9% | −50.5% | — | 2026-11-12 04:00 |
| Binance | BIRBUSDT | -0.0758% | 4 h | −165.9% | −41.3% | $2.9M | 2026-11-12 04:00 |
| MEXC | BIRB_USDT | -0.0764% | 4 h | −167.3% | −37.6% | $129K | 2026-11-12 04:00 |
| Bitunix | BIRBUSDT | -0.0779% | 4 h | −170.6% | −34.3% | — | 2026-11-12 04:00 |
| BingX | BIRB-USDT | -0.0902% | 4 h | −197.5% | −32.4% | $330.1K | 2026-11-12 04:00 |
| Bitget | BIRBUSDT | -0.0923% | 4 h | −202.1% | −55.8% | $708.5K | 2026-11-12 04:00 |
| Aster | BIRBUSDT | -0.1071% | 4 h | −234.5% | −59.6% | $12.5K | 2026-11-12 04:00 |
Cost to enter $10,000 of BIRB
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| BingX | BIRB-USDT | 20.9 bp | live order book |
| Bitget | BIRBUSDT | 28.4 bp | live order book |
| KuCoin | BIRBUSDTM | 51.0 bp | live order book |
| MEXC | BIRB_USDT | 2.7 bp | top of book only |
| BloFin | BIRB-USDT | 9.4 bp | top of book only |
| Gate | BIRB_USDT | 10.9 bp | top of book only |
| Aster | BIRBUSDT | 11.4 bp | top of book only |
| Bybit | BIRBUSDT (spot) | 13.4 bp | top of book only |
| Bitget | BIRBUSDT (spot) | 16.1 bp | top of book only |
| Gate | BIRB_USDT (spot) | 24.7 bp | top of book only |
| Binance | BIRBUSDT | book can't fill $10,000 | live order book |
| Bybit | BIRBUSDT | book can't fill $10,000 | live order book |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
Questions
Is BIRB funding-rate arbitrage profitable right now?
Not right now. At $10,000 per side for 7 days the best BIRB pair (LBank / KuCoin) would net +$174.81 after taker fees, order-book slippage and carry, but it is on watch rather than actionable; the live page shows what holds it back.
Which exchange has the highest BIRB funding rate?
Crypto.com at +492.1% a year (0.0562% every 1 h); the lowest is Aster at −234.5%. 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.