Funding you earn now, next payment 08:00 UTC−0.0245%/8h= −26.8% APRnext payment −$2.45 per $10,000 · paid last 24h −0.004%
Price spread now: Bitget against OKX+0.107%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$770.765% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 7 days−0.100%−$10 · spread now +0.107%, 7d avg +0.022%
=The price spread pays, funding is against you. Bitget is 0.084% dearer against OKX than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.022%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 28 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.035% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.45 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 | OKX CBRS-USDT-SWAP | 206.34 | 0 | get 0.0000% / 8h | 3h 00m | $2.2M | $3.5M | 25x |
| Short | Bitget CBRSUSDT | 206.56 | −0.0245 | pay 0.0245% / 8h | 3h 00m | $2.4M | $2.4M | 20x |
OKX CBRS-USDT-SWAP
Bitget CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- −$51.45
- Price spread: +0.107% → +0.022%
- $8.44
- Slippage, 4 orders
- −$54.5
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$119.51
- Costs to cover
- 0.765%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Bitget: 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 OKX live order book, 2 min ago | 0.24 bp | 20.2 bp −$20 | 70.3 bp −$703 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.90 bp | 16.3 bp −$16 | 31.0 bp −$310 | 78.0 bp −$7,803 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0332% | 1h | 206.37 | +0.015% | $42.2M | $3.8M | 10x | as long as short |
| Bitget CBRSUSDTshort | −0.0245% | 8h | 206.56 | +0.107% | $2.4M | $2.4M | 20x | |
| Aster CBRSUSDT | 0.0000% | 8h | 206.42 | +0.040% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAPlong | 0.0000% | 8h | 206.34 | long leg | $2.2M | $3.5M | 25x | |
| SunX CBRS-USDT | 0.0000% | 8h | 206.84 | +0.242% | $1K | $2.9M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 206.54 | +0.097% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.06 | +0.349% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 206.35 | +0.005% | — | $104K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.26 | −0.039% | $89K | $871K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 206.54 | +0.097% | $1K | $108K | 10x | as long as short |
tradeXYZ xyz:CBRS
Aster CBRSUSDT
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
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 | 206.37 | +0.015% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0059% | 1h | 206.46 | +0.058% | $336K | $715K | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 206.50 | +0.078% | $1.1M | $3.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0072% | 8h | 206.46 | +0.058% | $402K | $93K | — | as long as short |
| GRVT CBRS_USDT_Perp | +0.0099% | 8h | 206.92 | +0.282% | $1K | $211K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.43 | +0.044% | $114K | $112K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.72 | +0.184% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.52 | +0.087% | $817 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.52 | +0.090% | $240 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0133% | 8h | 206.29 | −0.023% | $10.0M | $29.9M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 206.32 | −0.010% | $44K | $387K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0148% | 8h | 206.43 | +0.044% | $146K | $69K | 20x | as long as short |
| edgeX CBRSUSDC | +0.0237% | 4h | 206.98 | +0.310% | $23K | $221K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.905% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0321% | 8h | 206.31 | −0.015% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0329% | 8h | 206.60 | +0.126% | $2.8M | $3.0M | 50x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT