Funding you earn now, next payment 02:00 UTC−0.0706%/8h= −77.3% APRpaid last 24h −0.120%
Price spread now: tradeXYZ against Binance−0.091%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$430.426% of the position
Funding, last 7 days−0.396%−$40 on $10k
+Price spread, last 2 days (all we have)−0.031%−$3 · spread now −0.091%, 7d avg −0.090%
=Together, before fees−0.428%+ Points / potential airdroptradeXYZ: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.090%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.396% in total (about -20.7% 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 | 209.16 | 0.0365 | pay 0.0365% / 8h | 6h 38m | $10.2M | $29.6M | 25x |
| Short | tradeXYZ xyz:CBRS | 208.97 | −0.0341 | pay 0.0043% / 1h | 38m 10s | $42.8M | $3.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$148.28
- Price spread: −0.091% → −0.090%
- −$0.09
- Slippage, 4 orders
- −$14.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$191.01
- Costs to cover
- 0.426%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; tradeXYZ: live order book, 11 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, 3 min ago | 1.20 bp | 10.1 bp −$10 | 25.8 bp −$258 | 101.7 bp −$10.2K | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.96 bp | 14.2 bp −$14 | doesn't fit | 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 | −0.0753% | 4h | 209.35 | +0.092% | $24K | $219K | 10x | as long as short |
| tradeXYZ xyz:CBRSshort | −0.0341% | 1h | 208.97 | −0.091% | $42.8M | $3.5M | 10x | |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.344% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.21 | +0.023% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.08 | −0.038% | $2.1M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.16 | 0.000% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.20 | +0.019% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.18 | +0.010% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.20 | +0.018% | $456 | $208K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.37 | +0.100% | $1K | $3.1M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.13 | −0.014% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.24 | +0.038% | $9K | $9K | 20x | as long as short |
| Polymarket Perps CBRS-USD | +0.0017% | 1h | 208.92 | −0.115% | $53K | $1.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.83 | −0.158% | — | $97K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.00 | −0.076% | $90K | $845K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.04 | −0.057% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.03 | −0.062% | $1K | $109K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.09 | −0.033% | $339K | $891K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.18 | +0.010% | $114K | $121K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.19 | +0.014% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.18 | +0.010% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.20 | +0.019% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0347% | 8h | 209.12 | −0.018% | $423K | $235K | — | as long as short |
| Binance CBRSUSDTlong | +0.0365% | 8h | 209.16 | long leg | $10.2M | $29.6M | 25x | |
| Extended CBRS_24_5-USD | +0.0368% | 1h | 209.11 | −0.023% | $46K | $268K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0414% | 8h | 209.37 | +0.100% | $148K | $71K | 20x | as long as short |
Binance CBRSUSDT
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Polymarket Perps CBRS-USD
Lighter CBRS
Phoenix CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
Extended CBRS_24_5-USD
BloFin CBRS-USDT