Funding you earn now, next payment 23:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.008%
Price spread now: ApeX Omni against Binance−0.143%119s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as 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−$1001.003% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 2 days (all we have)+0.138%+$14 · spread now −0.143%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and ApeX Omni is 0.119% cheaper against Binance than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.025%). Swap the legs. The two prices were read 119 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 0.042% in total (about 2.2% 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 | Binance CBRSUSDT | 209.20 | 0.0320 | pay 0.0320% / 8h | 1h 15m | $10.3M | $30.1M | 25x |
| Short | ApeX Omni CBRSUSDT | 208.90 | 0.0100 | get 0.0013% / 1h | 15m 42s | $24K | $137K | 50x |
Binance CBRSUSDT
ApeX Omni CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Binance. 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
- −$46.25
- Price spread: −0.143% → −0.025%
- −$11.88
- Slippage, 4 orders
- −$80.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$158.44
- Costs to cover
- 1.003%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; ApeX Omni: live order book, 65 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 Binance live order book, 11 min ago | 1.43 bp | 13.6 bp −$14 | 34.3 bp −$343 | 109.6 bp −$11.0K | doesn't fit |
| Sell ApeX Omni live order book, 65 min ago | 27.09 bp | 37.7 bp −$38 | 197.7 bp −$1,977 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0063% | 4h | 209.23 | +0.012% | $24K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0009% | 1h | 209.10 | −0.048% | $42.8M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0008% | 1h | 208.44 | −0.363% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.19 | −0.006% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.32 | +0.057% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.21 | +0.005% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.30 | +0.048% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.20 | 0.000% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.06 | −0.067% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.42 | +0.105% | $1K | $3.3M | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CBRS-USDT | 0.0000% | 8h | 209.32 | +0.057% | $9K | $6K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0021% | 1h | 209.08 | −0.057% | — | $94K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 209.22 | +0.010% | $1.1M | $3.3M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.34 | +0.067% | $93K | $907K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.12 | −0.038% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.28 | +0.038% | $346K | $908K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0085% | 1h | 209.23 | +0.014% | $12K | $16K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.11 | −0.043% | $143K | $95K | 20x | as long as short |
| ApeX Omni CBRSUSDTshort | +0.0100% | 1h | 208.90 | −0.143% | $24K | $137K | 50x | |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.13 | −0.033% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.19 | −0.005% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0249% | 8h | 209.41 | +0.100% | $423K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0294% | 8h | 209.44 | +0.115% | $146K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0320% | 1h | 209.16 | −0.021% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDTlong | +0.0320% | 8h | 209.20 | long leg | $10.3M | $30.1M | 25x | |
| GRVT CBRS_USDT_Perp | +0.0481% | 8h | 209.28 | +0.038% | $636 | $233K | 10x | as long as short |
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Deribit CBRS_USDC-PERPETUAL
KuCoin CBRSUSDTM
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
GRVT CBRS_USDT_Perp