Funding you earn now, next payment 06:00 UTC+0.0216%/8h= +23.7% APRpaid last 24h −0.030%
Price spread now: Bybit against ApeX Omni+0.339%49s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as 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−$1091.087% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)−0.323%−$32 · spread now +0.339%, 7d avg +0.024%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.315% dearer against ApeX Omni than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.024%. Mind the row above: over the last 7 days funding on this pair cost −0.120%, so the current rate has only just turned in your favour. The two prices were read 49 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 -0.120% in total (about -6.3% a year). A funding rate is set anew for every payment. 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 | ApeX Omni CBRSUSDT | 206.67 | 0.0100 | pay 0.0013% / 1h | 52m 44s | $24K | $140K | 50x |
| Short | Bybit CBRSUSDT | 207.37 | 0.0316 | get 0.0316% / 8h | 2h 52m | $2.1M | $2.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $45.36
- Price spread: +0.339% → +0.024%
- $31.5
- Slippage, 4 orders
- −$87.69
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$31.83
- Costs to cover
- 1.087%
- Break-even
- 11.9 days
Slippage from ApeX Omni: live order book, 58 min ago; Bybit: live order book, 4 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 ApeX Omni live order book, 58 min ago | 22.47 bp | 32.5 bp −$33 | 202.6 bp −$2,026 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.38 bp | 17.9 bp −$18 | 140.9 bp −$1,409 | doesn't fit | doesn't fit |
CBRS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0311% | 8h | 207.28 | +0.295% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0250% | 1h | 207.10 | +0.208% | $42.3M | $3.8M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.02 | +0.169% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.52 | +0.411% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.47 | −0.097% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.20 | +0.256% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.97 | +0.145% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 206.55 | −0.058% | — | $104K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 206.96 | +0.140% | $1.1M | $3.1M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.86 | +0.092% | $51K | $1.1M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CBRS | +0.0070% | 8h | 207.07 | +0.193% | $403K | $92K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.79 | +0.058% | $116K | $113K | 20x | as long as short |
| ApeX Omni CBRSUSDTlong | +0.0100% | 1h | 206.67 | long leg | $24K | $140K | 50x | |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.94 | +0.131% | $818 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.96 | +0.141% | $240 | — | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0107% | 8h | 206.84 | +0.082% | $213 | $212K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0118% | 8h | 207.18 | +0.247% | $147K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 207.09 | +0.201% | $44K | $390K | 10x | as long as short |
| Binance CBRSUSDT | +0.0140% | 8h | 207.44 | +0.373% | $10.1M | $30.0M | 25x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0309% | 1h | 206.84 | +0.082% | $337K | $716K | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0316% | 8h | 207.37 | +0.339% | $2.1M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0345% | 8h | 207.30 | +0.305% | $2.9M | $3.0M | 50x | as long as short |
| Lighter CBRS | +0.0368% | 1h | 207.37 | +0.339% | $90K | $854K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +1.742% | $115K | $116K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0596% | 4h | 206.91 | +0.118% | $23K | $220K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.2559% | 1h | 207.05 | +0.184% | $12K | $5K | 10x | as long as short |
ApeX Omni CBRSUSDT
Bybit CBRSUSDT
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
GRVT CBRS_USDT_Perp
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Gate CBRS_USDT
Lighter CBRS
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL