Funding you earn now, next payment 08:00 UTC+0.0252%/8h= +27.6% APRnext payment +$2.52 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against OKX+0.039%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$800.798% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.039%, 7d avg +0.018%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bybit is 0.020% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.063% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.52 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 | 206.20 | 0 | get 0.0000% / 8h | 38m 46s | $2.2M | $3.4M | 25x |
| Short | Bybit CBRSUSDT | 206.28 | 0.0252 | get 0.0252% / 8h | 38m 46s | $2.1M | $2.0M | 25x |
OKX CBRS-USDT-SWAP
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $52.86
- Price spread: +0.039% → +0.018%
- $2.04
- Slippage, 4 orders
- −$58.82
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$24.92
- Costs to cover
- 0.798%
- Break-even
- 10.3 days
Slippage from OKX: live order book, 4 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 OKX live order book, 4 min ago | 0.73 bp | 18.1 bp −$18 | 69.1 bp −$691 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.18 bp | 19.5 bp −$20 | 137.8 bp −$1,378 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0457% | 8h | 206.24 | +0.019% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0120% | 1h | 205.96 | −0.116% | $42.2M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.19 | −0.006% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAPlong | 0.0000% | 8h | 206.20 | long leg | $2.2M | $3.4M | 25x | |
| Phoenix CBRS | 0.0000% | 1h | 206.10 | −0.048% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.59 | +0.189% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.43 | +0.112% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0024% | 1h | 205.95 | −0.121% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.15 | −0.024% | $92K | $909K | 10x | as long as short |
| Variational Omni CBRS | +0.0035% | 8h | 206.29 | +0.046% | $402K | $91K | — | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Variational Omni CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USD | +0.0050% | 1h | 206.15 | −0.024% | $1.1M | $3.0M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.06 | −0.068% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.36 | +0.078% | $335K | $717K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0069% | 8h | 206.25 | +0.024% | $146K | $71K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0088% | 1h | 206.20 | +0.002% | $44K | $388K | 10x | as long as short |
| Binance CBRSUSDT | +0.0089% | 8h | 206.26 | +0.029% | $10.1M | $30.5M | 25x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.14 | −0.029% | $113K | $105K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.19 | −0.005% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.99 | −0.102% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.22 | +0.008% | $239 | — | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0159% | 8h | 206.33 | +0.063% | $635 | $217K | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0252% | 8h | 206.28 | +0.039% | $2.1M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0394% | 8h | 206.40 | +0.097% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +1.974% | $115K | $112K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0915% | 1h | 206.18 | −0.010% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0977% | 4h | 206.30 | +0.051% | $23K | $220K | 10x | as long as short |
QFEX CBRS-USD
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
GRVT CBRS_USDT_Perp
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC