Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.015%
Price spread now: ApeX Omni against Gate−0.263%66s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1151.146% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 3 days (all we have)+0.220%+$22 · spread now −0.263%, 7d avg −0.031%
=Funding pays, the price is against you. ApeX Omni is 0.232% cheaper against Gate than usual: you would sell low and buy high (spread −0.263% now, against its 7-day average of −0.031%). If the spread goes back, that is −$23 on $10k: about 7.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.102% in total) that is about 16 days. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CBRS_USDT | 209.40 | 0 | get 0.0000% / 8h | 1h 26m | $2.9M | $3.1M | 50x |
| Short | ApeX Omni CBRSUSDT | 208.85 | 0.0100 | get 0.0013% / 1h | 26m 28s | $24K | $138K | 50x |
Gate CBRS_USDT
ApeX Omni CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Gate. 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
- $21
- Price spread: −0.263% → −0.031%
- −$23.2
- Slippage, 4 orders
- −$89.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$116.85
- Costs to cover
- 1.146%
- Break-even
- 45.9 days
Slippage from Gate: live order book, 1 min ago; ApeX Omni: live order book, 54 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 Gate live order book, 1 min ago | 4.78 bp | 17.5 bp −$18 | 46.1 bp −$461 | 62.7 bp −$6,269 | doesn't fit |
| Sell ApeX Omni live order book, 54 min ago | 27.09 bp | 37.7 bp −$38 | 197.7 bp −$1,977 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0049% | 1h | 209.10 | −0.143% | $42.8M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0008% | 1h | 208.44 | −0.458% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.10 | −0.146% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.36 | −0.019% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.34 | −0.029% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDTlong | 0.0000% | 8h | 209.40 | long leg | $2.9M | $3.1M | 50x | |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.25 | −0.072% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.03 | −0.177% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.50 | +0.048% | $832 | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.44 | +0.019% | $9K | $6K | 20x | as long as short |
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0021% | 1h | 209.07 | −0.158% | — | $90K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 209.28 | −0.057% | $1.1M | $3.3M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.18 | −0.105% | $91K | $891K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.19 | −0.100% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.25 | −0.072% | $349K | $915K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.11 | −0.138% | $143K | $96K | 20x | as long as short |
| ApeX Omni CBRSUSDTshort | +0.0100% | 1h | 208.85 | −0.263% | $24K | $138K | 50x | |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.32 | −0.038% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.40 | +0.002% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0171% | 8h | 209.33 | −0.034% | $422K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0230% | 8h | 209.50 | +0.048% | $146K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0240% | 1h | 209.29 | −0.051% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0248% | 8h | 209.36 | −0.019% | $10.3M | $30.3M | 25x | as long as short |
| edgeX CBRSUSDC | +0.0294% | 4h | 209.34 | −0.028% | $24K | $219K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0396% | 8h | 209.34 | −0.031% | $682 | $233K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1281% | 1h | 209.36 | −0.019% | $12K | $52K | 10x | as long as short |
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
edgeX CBRSUSDC
GRVT CBRS_USDT_Perp
Deribit CBRS_USDC-PERPETUAL