Funding you earn now, next payment 07:00 UTC−0.0284%/8h= −31.1% APRpaid last 24h +0.009%
Price spread now: QFEX against Bybit−0.048%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$540.539% of the position
Funding, last 4 days (all we have)−0.038%−$4 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now −0.048%, 7d avg −0.033%
=The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.038% in total (about -3.7% 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 | Bybit CBRSUSDT | 206.59 | 0.0364 | pay 0.0364% / 8h | 1h 55m | $2.1M | $2.0M | 25x |
| Short | QFEX CBRS-USD | 206.49 | 0.0080 | get 0.0010% / 1h | 55m 56s | $1.1M | $3.0M | 10x |
Bybit CBRSUSDT
QFEX CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bybit. 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
- −$59.74
- Price spread: −0.048% → −0.033%
- −$1.55
- Slippage, 4 orders
- −$32.86
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$115.14
- Costs to cover
- 0.539%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; QFEX: live order book, 7 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 Bybit live order book, 1 min ago | 3.15 bp | 17.7 bp −$18 | 123.3 bp −$1,233 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.45 bp | 8.4 bp −$8 | 15.9 bp −$159 | 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 | −0.0525% | 8h | 206.48 | −0.053% | $2.4M | $2.5M | 20x | as long as short |
| edgeX CBRSUSDC | −0.0224% | 4h | 206.55 | −0.020% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0079% | 1h | 206.18 | −0.198% | $42.1M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.58 | −0.007% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.56 | −0.015% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.37 | −0.106% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.72 | +0.063% | $1K | $2.9M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 206.43 | −0.077% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.49 | −0.048% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 206.04 | −0.266% | — | $107K | 10x | as long as short |
Bitget CBRSUSDT
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 206.38 | −0.102% | $90K | $872K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.23 | −0.174% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.67 | +0.039% | $336K | $719K | 10x | as long as short |
| QFEX CBRS-USDshort | +0.0080% | 1h | 206.49 | −0.048% | $1.1M | $3.0M | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.34 | −0.121% | $114K | $110K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.67 | +0.039% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.44 | −0.073% | $816 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.44 | −0.073% | $239 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0109% | 8h | 206.63 | +0.018% | $417K | $94K | — | as long as short |
| Binance CBRSUSDT | +0.0158% | 8h | 206.42 | −0.081% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0160% | 1h | 206.41 | −0.088% | $44K | $389K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0175% | 8h | 206.62 | +0.015% | $146K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0223% | 8h | 206.66 | +0.036% | $333 | $214K | 10x | as long as short |
| Bybit CBRSUSDTlong | +0.0364% | 8h | 206.59 | long leg | $2.1M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0370% | 8h | 206.60 | +0.005% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +1.781% | $115K | $116K | 10x | as long as short |
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX