Funding you earn now, next payment 06:00 UTC−0.0506%/8h= −55.4% APRpaid last 24h −0.031%
Price spread now: tradeXYZ against Bybit−0.175%7-day average −0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$610.614% of the position
Funding, last 7 days−0.294%−$29 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.175%, 7d avg −0.139%
=Together, before fees−0.278%+ Points / potential airdroptradeXYZ: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and tradeXYZ is 0.036% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.139%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.294% in total (about -15.3% 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 | 205.48 | 0.0279 | pay 0.0279% / 8h | 2h 24m | $2.0M | $2.0M | 25x |
| Short | tradeXYZ xyz:CBRS | 205.12 | −0.0227 | pay 0.0028% / 1h | 24m 28s | $41.9M | $3.9M | 10x |
Bybit CBRSUSDT
tradeXYZ xyz:CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$106.19
- Price spread: −0.175% → −0.139%
- −$3.59
- Slippage, 4 orders
- −$32.41
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$171.19
- Costs to cover
- 0.614%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; tradeXYZ: live order book, 5 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, 2 min ago | 2.43 bp | 16.3 bp −$16 | 116.3 bp −$1,163 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.24 bp | 16.3 bp −$16 | 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 | −0.0900% | 4h | 205.36 | −0.059% | $23K | $220K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0653% | 8h | 205.65 | +0.083% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRSshort | −0.0227% | 1h | 205.12 | −0.175% | $41.9M | $3.9M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 205.55 | +0.036% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.65 | +0.083% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 205.11 | −0.180% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.70 | +0.107% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.66 | +0.088% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0014% | 1h | 204.99 | −0.238% | — | $107K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 205.29 | −0.092% | $1.1M | $3.1M | 10x | as long as short |
edgeX CBRSUSDC
Bitget CBRSUSDT
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0040% | 1h | 205.18 | −0.146% | $89K | $880K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.34 | −0.068% | $50K | $1.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0063% | 8h | 205.38 | −0.051% | $400K | $85K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.33 | −0.073% | $114K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.40 | −0.039% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.43 | −0.024% | $812 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.42 | −0.030% | $238 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0127% | 8h | 205.48 | −0.001% | $10.0M | $30.3M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0128% | 1h | 205.38 | −0.047% | $46K | $387K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0129% | 8h | 205.43 | −0.024% | $146K | $70K | 20x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0132% | 1h | 205.50 | +0.010% | $334K | $713K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0151% | 8h | 205.65 | +0.083% | $512 | $212K | 10x | as long as short |
| Bybit CBRSUSDTlong | +0.0279% | 8h | 205.48 | long leg | $2.0M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0342% | 8h | 205.50 | +0.010% | $2.8M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +2.331% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1212% | 1h | 205.46 | −0.010% | $12K | $5K | 10x | as long as short |
Lighter CBRS
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Ondo Perps CBRS-USD.P
GRVT CBRS_USDT_Perp
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL