Funding you earn now, next payment 23:00 UTC−0.0381%/8h= −41.7% APRpaid last 24h +0.009%
Price spread now: ApeX Omni against GRVT−0.177%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1161.158% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 3 days (all we have)+0.157%+$16 · spread now −0.177%, 7d avg −0.026%
=Together, before fees+0.152%+ Points / potential airdropGRVT: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and ApeX Omni is 0.151% cheaper against GRVT than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% 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 | GRVT CBRS_USDT_Perp | 209.28 | 0.0481 | pay 0.0481% / 8h | 1h 13m | $636 | $233K | 10x |
| Short | ApeX Omni CBRSUSDT | 208.91 | 0.0100 | get 0.0013% / 1h | 13m 12s | $24K | $137K | 50x |
GRVT CBRS_USDT_Perp
ApeX Omni CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GRVT. 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
- −$80.01
- Price spread: −0.177% → −0.026%
- −$15.07
- Slippage, 4 orders
- −$96.78
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$210.86
- Costs to cover
- 1.158%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 4 min ago; ApeX Omni: live order book, 2 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 GRVT live order book, 4 min ago | 2.15 bp | 16.8 bp −$17 | 27.6 bp −$276 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 2 min ago | 24.84 bp | 42.0 bp −$42 | 221.1 bp −$2,211 | 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 | −0.0063% | 4h | 209.23 | −0.026% | $24K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0021% | 1h | 209.07 | −0.100% | $42.8M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0008% | 1h | 208.44 | −0.401% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.17 | −0.055% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.32 | +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_USDT | 0.0000% | 8h | 209.40 | +0.057% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.30 | +0.010% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.06 | −0.105% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.42 | +0.067% | $1K | $3.3M | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CBRS-USDT | 0.0000% | 8h | 209.32 | +0.019% | $9K | $6K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 209.05 | −0.110% | — | $94K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 209.27 | −0.005% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.38 | +0.048% | $93K | $907K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.19 | −0.043% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.16 | −0.057% | $346K | $908K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.12 | −0.076% | $143K | $95K | 20x | as long as short |
| ApeX Omni CBRSUSDTshort | +0.0100% | 1h | 208.91 | −0.177% | $24K | $137K | 50x | |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.30 | +0.010% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.21 | −0.034% | $243 | — | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0180% | 1h | 209.31 | +0.014% | $12K | $16K | 10x | as long as short |
| Variational Omni CBRS | +0.0282% | 8h | 209.19 | −0.041% | $423K | $321K | — | as long as short |
| Binance CBRSUSDT | +0.0328% | 8h | 209.32 | +0.019% | $10.3M | $30.1M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0328% | 1h | 209.28 | 0.000% | $43K | $246K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0349% | 8h | 209.27 | −0.005% | $146K | $70K | 20x | as long as short |
| GRVT CBRS_USDT_Perplong | +0.0481% | 8h | 209.28 | long leg | $636 | $233K | 10x |
HTX CBRS-USDT
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
Deribit CBRS_USDC-PERPETUAL
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT