Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.019%
Price spread now: Bitget against KuCoin+0.067%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$394as in the Funding arb table
Net, price: spread back to 7d avg − costs−$376as in the Price arb table
costs, in and out, $10k−$3803.801% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.067%, 7d avg +0.028%
=The price spread pays, funding is against you. Bitget is 0.039% dearer against KuCoin than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.028%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CBRSUSDTM | 209.11 | 0.0100 | pay 0.0100% / 8h | 1h 16m | $143K | $96K | 20x |
| Short | Bitget CBRSUSDT | 209.25 | 0 | get 0.0000% / 8h | 1h 16m | $2.4M | $2.8M | 20x |
KuCoin CBRSUSDTM
Bitget CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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: +0.067% → +0.028%
- $3.88
- Slippage, 4 orders
- −$356.12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$397.24
- Costs to cover
- 3.801%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 47 min ago; Bitget: 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 KuCoin live order book, 47 min ago | 15.59 bp | 203.2 bp −$203 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.91 bp | 13.7 bp −$14 | 27.5 bp −$275 | 70.0 bp −$7,002 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | −0.0008% | 1h | 208.44 | −0.320% | $114K | $114K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0004% | 1h | 209.08 | −0.014% | $42.8M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.14 | +0.014% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.28 | +0.081% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.20 | +0.043% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.30 | +0.091% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDTshort | 0.0000% | 8h | 209.25 | +0.067% | $2.4M | $2.8M | 20x | |
| Phoenix CBRS | 0.0000% | 1h | 209.06 | −0.024% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.45 | +0.163% | $1K | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.53 | +0.201% | $9K | $6K | 20x | as long as short |
Coinbase International CBRS-PERP-INTX
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
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 | 209.08 | −0.014% | — | $94K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 209.16 | +0.024% | $1.1M | $3.3M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.32 | +0.100% | $93K | $907K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.12 | +0.005% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.28 | +0.081% | $346K | $908K | 10x | as long as short |
| KuCoin CBRSUSDTMlong | +0.0100% | 8h | 209.11 | long leg | $143K | $96K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.90 | −0.100% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.22 | +0.053% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.27 | +0.079% | $243 | — | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0180% | 1h | 209.25 | +0.067% | $12K | $16K | 10x | as long as short |
| Variational Omni CBRS | +0.0249% | 8h | 209.41 | +0.143% | $423K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0294% | 8h | 209.44 | +0.158% | $146K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0312% | 1h | 209.18 | +0.033% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0317% | 8h | 209.22 | +0.053% | $10.3M | $30.1M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0472% | 8h | 209.36 | +0.120% | $636 | $233K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0526% | 4h | 209.41 | +0.143% | $24K | $220K | 10x | as long as short |
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Deribit CBRS_USDC-PERPETUAL
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
edgeX CBRSUSDC