Funding you earn now, next payment 16:00 UTC+0.0407%/8h= +44.6% APRnext payment +$4.07 per $10,000 · paid last 24h +0.066%
Price spread now: KuCoin against Bitget+0.073%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$399as in the Funding arb table
Net, price: spread back to 7d avg − costs−$410as in the Price arb table
costs, in and out, $10k−$4204.203% of the position
Funding, last 7 days+0.209%+$21 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.073%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and KuCoin is 0.103% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.030%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.209% in total (about 10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.07 per $10,000. 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 | Bitget CBRSUSDT | 204.79 | −0.0307 | get 0.0307% / 8h | 7h 34m | $2.4M | $2.5M | 20x |
| Short | KuCoin CBRSUSDTM | 204.94 | 0.0100 | get 0.0100% / 8h | 7h 34m | $114K | $147K | 20x |
Bitget CBRSUSDT
KuCoin CBRSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $85.47
- Price spread: +0.073% → −0.030%
- $10.3
- Slippage, 4 orders
- −$396.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$324.51
- Costs to cover
- 4.203%
- Break-even
- 33.6 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 50 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 Bitget live order book, 3 min ago | 2.44 bp | 18.8 bp −$19 | 34.5 bp −$345 | 75.5 bp −$7,554 | doesn't fit |
| Sell KuCoin live order book, 50 min ago | 10.44 bp | 169.6 bp −$170 | 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 | −0.0852% | 4h | 205.15 | +0.176% | $23K | $221K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | −0.0443% | 8h | 205.21 | +0.205% | $776 | $214K | 10x | as long as short |
| Bitget CBRSUSDTlong | −0.0307% | 8h | 204.79 | long leg | $2.4M | $2.5M | 20x | |
| Ondo Perps CBRS-USD.P | −0.0230% | 1h | 204.85 | +0.029% | $333K | $707K | 10x | as long as short |
| Lighter CBRS | −0.0224% | 1h | 204.51 | −0.137% | $91K | $1.1M | 10x | as long as short |
| Bybit CBRSUSDT | −0.0094% | 8h | 204.82 | +0.015% | $2.0M | $2.1M | 25x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 205.25 | +0.225% | $1K | $108K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0008% | 8h | 204.86 | +0.034% | $147K | $71K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 204.86 | +0.037% | $65K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 204.80 | +0.007% | $44K | $382K | 10x | as long as short |
edgeX CBRSUSDC
GRVT CBRS_USDT_Perp
Ondo Perps CBRS-USD.P
Lighter CBRS
Bybit CBRSUSDT
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CBRSUSDT | 0.0000% | 8h | 204.90 | +0.053% | $10.1M | $31.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 204.82 | +0.015% | $2.2M | $3.4M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 204.80 | +0.005% | $2.9M | $3.1M | 50x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 204.85 | +0.027% | $392K | $98K | — | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.12 | +0.161% | $1K | $2.7M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.10 | +0.151% | $9K | $10K | 20x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 204.86 | +0.034% | $1.1M | $3.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 204.79 | 0.000% | — | $102K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 204.55 | −0.117% | $41.9M | $4.0M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 204.55 | −0.117% | $50K | $472K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 204.78 | −0.005% | $810 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTMshort | +0.0100% | 8h | 204.94 | +0.073% | $114K | $147K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.22 | +0.210% | $24K | $137K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 204.64 | −0.072% | $237 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +2.676% | $115K | $108K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0728% | 1h | 204.73 | −0.029% | $12K | $5K | 10x | as long as short |
Binance CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Variational Omni CBRS
SunX CBRS-USDT
HTX CBRS-USDT
QFEX CBRS-USD
Vest CBRS-USD-PERP
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Orderly PERP_CBRS_USDC_mythos
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL