Funding you earn now, next payment 08:00 UTC+0.0072%/8h= +7.8% APRnext payment +$0.72 per $10,000 · paid last 24h −0.076%
Price spread now: Bybit against Binance+0.063%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$540.536% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 7 days−0.075%−$8 · spread now +0.063%, 7d avg +0.003%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.061% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.086%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CBRSUSDT | 209.88 | 0.0225 | pay 0.0225% / 8h | 4h 46m | $10.3M | $29.4M | 25x |
| Short | Bybit CBRSUSDT | 210.01 | 0.0297 | get 0.0297% / 8h | 4h 46m | $2.1M | $1.9M | 25x |
Binance CBRSUSDT
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $15.04
- Price spread: +0.063% → +0.003%
- $6.08
- Slippage, 4 orders
- −$32.62
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$32.5
- Costs to cover
- 0.536%
- Break-even
- 22.1 days
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, just now.
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, 10 min ago | 0.48 bp | 11.1 bp −$11 | 29.8 bp −$298 | 100.4 bp −$10.0K | doesn't fit |
| Sell Bybit live order book, just now | 2.62 bp | 16.8 bp −$17 | 141.8 bp −$1,418 | 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 | −0.0659% | 4h | 209.82 | −0.025% | $24K | $220K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.88 | +0.003% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.88 | +0.001% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.87 | −0.003% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.88 | +0.001% | $531 | $205K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.07 | +0.092% | $1K | $3.0M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.82 | −0.027% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.01 | +0.063% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.50 | −0.180% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.84 | −0.018% | $90K | $835K | 10x | as long as short |
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | +0.0038% | 1h | 209.83 | −0.022% | $1K | $108K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.68 | −0.094% | $42.9M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.78 | −0.046% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.81 | −0.032% | $340K | $723K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 209.82 | −0.027% | $1.1M | $3.2M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.85 | −0.013% | $115K | $115K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.76 | −0.056% | $25K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.87 | −0.003% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.87 | −0.001% | $243 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0104% | 1h | 210.27 | +0.187% | $115K | $116K | 10x | as long as short |
| Variational Omni CBRS | +0.0193% | 8h | 209.92 | +0.020% | $424K | $104K | — | as long as short |
| Binance CBRSUSDTlong | +0.0225% | 8h | 209.88 | long leg | $10.3M | $29.4M | 25x | |
| Extended CBRS_24_5-USD | +0.0232% | 1h | 209.86 | −0.010% | $45K | $264K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0252% | 8h | 209.93 | +0.025% | $149K | $69K | 20x | as long as short |
| Bybit CBRSUSDTshort | +0.0297% | 8h | 210.01 | +0.063% | $2.1M | $1.9M | 25x | |
| Gate CBRS_USDT | +0.0309% | 8h | 210.00 | +0.059% | $2.9M | $2.9M | 50x | as long as short |
Phoenix CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX
Variational Omni CBRS
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Gate CBRS_USDT