Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.02 per $10,000 · paid last 24h −0.080%
Price spread now: Bitget against GRVT−0.157%103s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as 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−$600.600% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 4 days (all we have)+0.181%+$18 · spread now −0.157%, 7d avg +0.006%
=Together, before fees+0.008%+ Points / potential airdropGRVT: Active · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.163% cheaper against GRVT than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.006%. The two prices were read 103 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 | GRVT CBRS_USDT_Perp | 209.81 | 0.0002 | pay 0.0002% / 8h | 3h 57m | $611 | $208K | 10x |
| Short | Bitget CBRSUSDT | 209.48 | 0 | get 0.0000% / 8h | 3h 57m | $2.4M | $2.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$0.42
- Price spread: −0.157% → +0.006%
- −$16.33
- Slippage, 4 orders
- −$39.04
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$76.79
- Costs to cover
- 0.600%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 59 min ago; Bitget: 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 GRVT live order book, 59 min ago | 1.67 bp | 13.7 bp −$14 | 22.4 bp −$224 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.15 bp | 14.7 bp −$15 | 16.7 bp −$167 | 63.9 bp −$6,389 | 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 | −0.0808% | 4h | 209.61 | −0.094% | $24K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0382% | 1h | 209.21 | −0.286% | $42.8M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.38 | −0.205% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.59 | −0.105% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDTshort | 0.0000% | 8h | 209.48 | −0.157% | $2.4M | $2.7M | 20x | |
| SunX CBRS-USDT | 0.0000% | 8h | 209.65 | −0.076% | $390 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.59 | −0.105% | $9K | $10K | 20x | as long as short |
| GRVT CBRS_USDT_Perplong | +0.0002% | 8h | 209.81 | long leg | $611 | $208K | 10x | |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.29 | −0.248% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.36 | −0.214% | $90K | $826K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | +0.0038% | 1h | 209.52 | −0.138% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.33 | −0.229% | $53K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 209.47 | −0.162% | $1.1M | $3.1M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.45 | −0.172% | $114K | $114K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.76 | −0.024% | $25K | $141K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.48 | −0.157% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.48 | −0.157% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0105% | 8h | 209.60 | −0.101% | $423K | $93K | — | as long as short |
| Ondo Perps CBRS-USD.P | +0.0122% | 1h | 209.40 | −0.195% | $340K | $721K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0139% | 8h | 209.50 | −0.148% | $148K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0160% | 1h | 209.46 | −0.166% | $45K | $263K | 10x | as long as short |
| Binance CBRSUSDT | +0.0163% | 8h | 209.52 | −0.137% | $10.2M | $29.4M | 25x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +0.219% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0371% | 8h | 209.61 | −0.095% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0388% | 8h | 209.60 | −0.100% | $2.9M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0849% | 1h | 209.46 | −0.167% | $12K | $5K | 10x | as long as short |
GRVT CBRS_USDT_Perp
Bitget CBRSUSDT
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL