Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.011%
Price spread now: KuCoin against Gate+0.010%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$428as in the Funding arb table
Net, price: spread back to 7d avg − costs−$433as in the Price arb table
costs, in and out, $10k−$4374.370% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)+0.035%+$4 · spread now +0.010%, 7d avg −0.031%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.040% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CBRS_USDT | 204.40 | 0 | get 0.0000% / 8h | 7h 32m | $2.8M | $3.1M | 50x |
| Short | KuCoin CBRSUSDTM | 204.42 | 0.0100 | get 0.0100% / 8h | 7h 32m | $112K | $150K | 20x |
Gate CBRS_USDT
KuCoin CBRSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.010% → −0.031%
- $4.03
- Slippage, 4 orders
- −$410.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$412
- Costs to cover
- 4.370%
- Break-even
- 144.3 days
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 52 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, 5 min ago | 2.43 bp | 29.1 bp −$29 | 46.8 bp −$468 | 59.0 bp −$5,902 | doesn't fit |
| Sell KuCoin live order book, 52 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT CBRS_USDT_Perp | −0.0733% | 8h | 204.91 | +0.248% | $775 | $214K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0302% | 8h | 204.24 | −0.078% | $2.4M | $2.5M | 20x | as long as short |
| Lighter CBRS | −0.0224% | 1h | 204.31 | −0.044% | $91K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | −0.0192% | 1h | 204.58 | +0.088% | $333K | $707K | 10x | as long as short |
| Bybit CBRSUSDT | −0.0045% | 8h | 204.10 | −0.147% | $2.0M | $2.1M | 25x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 204.55 | +0.073% | $1K | $108K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0008% | 8h | 204.79 | +0.191% | $147K | $71K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 204.47 | +0.034% | $65K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 204.42 | +0.012% | $44K | $382K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 204.24 | −0.079% | $10.0M | $31.3M | 25x | as long as short |
GRVT CBRS_USDT_Perp
Bitget CBRSUSDT
Lighter CBRS
Ondo Perps CBRS-USD.P
Bybit CBRSUSDT
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 204.15 | −0.122% | $2.2M | $3.4M | 25x | as long as short |
| Gate CBRS_USDTlong | 0.0000% | 8h | 204.40 | long leg | $2.8M | $3.1M | 50x | |
| Variational Omni CBRS | 0.0000% | 8h | 204.85 | +0.218% | $392K | $98K | — | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.01 | +0.298% | $1K | $2.7M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.10 | +0.342% | $9K | $10K | 20x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 204.09 | −0.152% | $1.1M | $3.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 204.79 | +0.191% | — | $102K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 204.83 | +0.210% | $41.9M | $4.0M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 204.96 | +0.274% | $50K | $472K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0071% | 4h | 204.86 | +0.223% | $23K | $221K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 204.69 | +0.142% | $810 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTMshort | +0.0100% | 8h | 204.42 | +0.010% | $112K | $150K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.22 | +0.401% | $24K | $137K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 204.62 | +0.107% | $237 | — | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0288% | 1h | 204.55 | +0.073% | $12K | $5K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +2.872% | $115K | $108K | 10x | as long as short |
OKX CBRS-USDT-SWAP
Variational Omni CBRS
SunX CBRS-USDT
HTX CBRS-USDT
QFEX CBRS-USD
Vest CBRS-USD-PERP
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
edgeX CBRSUSDC
Orderly PERP_CBRS_USDC_mythos
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Deribit CBRS_USDC-PERPETUAL
Coinbase International CBRS-PERP-INTX