Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.002%
Price spread now: Gate against KuCoin+0.052%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$486as in the Funding arb table
Net, price: spread back to 7d avg − costs−$469as in the Price arb table
costs, in and out, $10k−$4724.725% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.052%, 7d avg +0.022%
=The price spread pays, funding is against you. Gate is 0.031% dearer against KuCoin than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of +0.022%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CBRSUSDTM | 209.89 | 0.0100 | pay 0.0100% / 8h | 7h 53m | $143K | $91K | 20x |
| Short | Gate CBRS_USDT | 210.00 | 0 | get 0.0000% / 8h | 7h 53m | $2.9M | $3.0M | 50x |
KuCoin CBRSUSDTM
Gate CBRS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.052% → +0.022%
- $3.07
- Slippage, 4 orders
- −$445.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$490.4
- Costs to cover
- 4.725%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 60 min ago; Gate: 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 KuCoin live order book, 60 min ago | 9.79 bp | 228.2 bp −$228 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 4.76 bp | 24.1 bp −$24 | 77.0 bp −$770 | 253.8 bp −$25.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.0798% | 1h | 209.79 | −0.048% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0158% | 1h | 209.50 | −0.186% | $42.9M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 210.05 | +0.074% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 210.02 | +0.062% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.92 | +0.014% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDTshort | 0.0000% | 8h | 210.00 | +0.052% | $2.9M | $3.0M | 50x | |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.87 | −0.010% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.70 | −0.089% | $359 | $218K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.07 | +0.086% | $1K | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.20 | +0.148% | $9K | $6K | 20x | as long as short |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.691% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0027% | 1h | 209.33 | −0.267% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 209.89 | 0.000% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.94 | +0.024% | $91K | $843K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.82 | −0.033% | $1K | $111K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0048% | 4h | 209.72 | −0.080% | $24K | $221K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.50 | −0.186% | $54K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.90 | +0.005% | $347K | $918K | 10x | as long as short |
| KuCoin CBRSUSDTMlong | +0.0100% | 8h | 209.89 | long leg | $143K | $91K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.96 | +0.033% | $25K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.94 | +0.024% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.03 | +0.065% | $244 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0502% | 8h | 209.93 | +0.020% | $425K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0511% | 8h | 209.94 | +0.024% | $146K | $71K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0520% | 1h | 209.89 | −0.001% | $40K | $247K | 10x | as long as short |
| Binance CBRSUSDT | +0.0522% | 8h | 209.93 | +0.021% | $10.3M | $29.9M | 25x | as long as short |
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Phoenix CBRS
edgeX CBRSUSDC
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT