Funding you earn now, next payment 06:00 UTC+0.0157%/8h= +17.2% APRpaid last 24h −0.049%
Price spread now: Bybit against Extended+0.054%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$680.681% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.054%, 7d avg +0.020%
=Together, before fees−0.019%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.034% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CBRS_24_5-USD | 205.89 | 0.0136 | pay 0.0017% / 1h | 15m 42s | $44K | $389K | 10x |
| Short | Bybit CBRSUSDT | 206.00 | 0.0293 | get 0.0293% / 8h | 2h 15m | $2.0M | $2.0M | 25x |
Extended CBRS_24_5-USD
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- $33.05
- Price spread: +0.054% → +0.020%
- $3.4
- Slippage, 4 orders
- −$52.13
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$31.69
- Costs to cover
- 0.681%
- Break-even
- 13.7 days
Slippage from Extended: live order book, 32 min ago; Bybit: live order book, 1 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 Extended live order book, 32 min ago | 2.17 bp | 16.4 bp −$16 | 150.4 bp −$1,504 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.67 bp | 17.7 bp −$18 | 137.8 bp −$1,378 | 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 | −0.0682% | 8h | 206.06 | +0.083% | $2.4M | $2.4M | 20x | as long as short |
| edgeX CBRSUSDC | −0.0336% | 4h | 205.77 | −0.060% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0191% | 1h | 205.63 | −0.126% | $42.0M | $3.9M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0041% | 1h | 206.02 | +0.063% | $12K | $5K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.06 | +0.084% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.02 | +0.063% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.02 | +0.063% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.43 | +0.262% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.19 | +0.146% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0015% | 1h | 205.75 | −0.068% | — | $107K | 10x | as long as short |
Bitget CBRSUSDT
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Deribit CBRS_USDC-PERPETUAL
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USD | +0.0024% | 1h | 206.12 | +0.112% | $1.1M | $3.1M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.80 | −0.043% | $90K | $887K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.86 | −0.014% | $51K | $1.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0077% | 8h | 205.97 | +0.040% | $401K | $82K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.88 | −0.005% | $114K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.09 | +0.097% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.09 | +0.097% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.05 | +0.077% | $239 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0123% | 8h | 206.19 | +0.146% | $146K | $70K | 20x | as long as short |
| Binance CBRSUSDT | +0.0133% | 8h | 205.95 | +0.029% | $10.0M | $30.4M | 25x | as long as short |
| Extended CBRS_24_5-USDlong | +0.0136% | 1h | 205.89 | long leg | $44K | $389K | 10x | |
| Ondo Perps CBRS-USD.P | +0.0159% | 1h | 206.12 | +0.112% | $335K | $716K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0184% | 8h | 206.21 | +0.156% | $600 | $213K | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0293% | 8h | 206.00 | +0.054% | $2.0M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0337% | 8h | 206.10 | +0.102% | $2.8M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +2.128% | $115K | $116K | 10x | as long as short |
QFEX CBRS-USD
Lighter CBRS
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
BloFin CBRS-USDT
Binance CBRSUSDT
Ondo Perps CBRS-USD.P
GRVT CBRS_USDT_Perp
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX