Funding you earn now, next payment 08:00 UTC+0.0247%/8h= +27.0% APRnext payment +$2.47 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin−0.087%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$415as in the Funding arb table
Net, price: spread back to 7d avg − costs−$410as in the Price arb table
costs, in and out, $10k−$4003.999% of the position
Funding, last 7 days−0.155%−$15 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.087%, 7d avg +0.013%
=Funding pays, the price is against you. Bybit is 0.100% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.013%). If the spread goes back, that is −$10 on $10k: about 32 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.155%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.155% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.47 per $10,000. 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 | KuCoin CBRSUSDTM | 207.18 | 0.0100 | pay 0.0100% / 8h | 3h 23m | $114K | $114K | 20x |
| Short | Bybit CBRSUSDT | 207.00 | 0.0347 | get 0.0347% / 8h | 3h 23m | $2.1M | $2.0M | 25x |
KuCoin CBRSUSDTM
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $51.83
- Price spread: −0.087% → +0.013%
- −$9.99
- Slippage, 4 orders
- −$376.94
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$358.1
- Costs to cover
- 3.999%
- Break-even
- 55.4 days
Slippage from KuCoin: live order book, 40 min ago; Bybit: live order book, 3 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, 40 min ago | 11.92 bp | 213.3 bp −$213 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.48 bp | 18.1 bp −$18 | 112.3 bp −$1,123 | 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 | −0.0853% | 4h | 207.90 | +0.349% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0334% | 1h | 206.70 | −0.232% | $42.3M | $3.7M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.09 | −0.043% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.96 | −0.106% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 206.94 | −0.116% | $2.4M | $2.4M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.25 | +0.034% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.13 | −0.024% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 206.91 | −0.130% | — | $98K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.82 | −0.174% | $89K | $856K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 207.56 | +0.183% | $1K | $108K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.80 | −0.183% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.73 | −0.217% | $337K | $717K | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 207.00 | −0.087% | $1.1M | $3.1M | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0068% | 8h | 208.42 | +0.597% | $613 | $211K | 10x | as long as short |
| Variational Omni CBRS | +0.0076% | 8h | 207.33 | +0.071% | $418K | $85K | — | as long as short |
| KuCoin CBRSUSDTMlong | +0.0100% | 8h | 207.18 | long leg | $114K | $114K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.81 | +0.304% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.09 | −0.043% | $819 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.89 | −0.139% | $240 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0131% | 8h | 207.02 | −0.077% | $10.1M | $29.7M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 206.96 | −0.105% | $48K | $258K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0170% | 8h | 206.90 | −0.135% | $146K | $69K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.491% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0347% | 8h | 207.00 | −0.087% | $2.1M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0348% | 8h | 207.10 | −0.039% | $2.8M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1540% | 1h | 207.06 | −0.058% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
GRVT CBRS_USDT_Perp
Variational Omni CBRS
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTX
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL