Funding you earn now, next payment 08:00 UTC−0.0513%/8h= −56.1% APRpaid last 24h −0.011%
Price spread now: Bitget against QFEX+0.024%56s7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$600.603% of the position
Funding, last 4 days (all we have)−0.001%$0 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now +0.024%, 7d avg +0.036%
=The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment. 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 | QFEX CBRS-USD | 206.27 | 0.0050 | pay 0.0006% / 1h | 40m 40s | $1.1M | $3.0M | 10x |
| Short | Bitget CBRSUSDT | 206.32 | −0.0463 | pay 0.0463% / 8h | 40m 40s | $2.4M | $2.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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
- −$107.66
- Price spread: +0.024% → +0.036%
- −$1.21
- Slippage, 4 orders
- −$38.3
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$169.17
- Costs to cover
- 0.603%
- Break-even
- never at this rate
Slippage from QFEX: 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 QFEX live order book, 2 min ago | 1.70 bp | 8.1 bp −$8 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.66 bp | 24.9 bp −$25 | 42.5 bp −$425 | 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 CBRSUSDTshort | −0.0463% | 8h | 206.32 | +0.024% | $2.4M | $2.5M | 20x | |
| edgeX CBRSUSDC | −0.0242% | 4h | 206.32 | +0.025% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0117% | 1h | 206.01 | −0.126% | $42.2M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.35 | +0.037% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.26 | −0.005% | $2.2M | $3.4M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.28 | +0.005% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.59 | +0.155% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.42 | +0.073% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0023% | 1h | 205.95 | −0.155% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.98 | −0.141% | $92K | $909K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CBRS | +0.0035% | 8h | 206.29 | +0.012% | $402K | $91K | — | as long as short |
| QFEX CBRS-USDlong | +0.0050% | 1h | 206.27 | long leg | $1.1M | $3.0M | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.13 | −0.068% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.36 | +0.044% | $335K | $717K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0079% | 8h | 206.33 | +0.029% | $146K | $71K | 20x | as long as short |
| Binance CBRSUSDT | +0.0090% | 8h | 206.29 | +0.010% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0096% | 1h | 206.26 | −0.003% | $44K | $388K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.20 | −0.034% | $113K | $105K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.30 | +0.015% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.28 | +0.005% | $816 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.20 | −0.033% | $239 | — | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0171% | 8h | 206.36 | +0.043% | $654 | $218K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0253% | 8h | 206.27 | 0.000% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0395% | 8h | 206.60 | +0.160% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +1.939% | $115K | $112K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1547% | 1h | 206.32 | +0.024% | $12K | $5K | 10x | as long as short |
Bitget CBRSUSDT
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Variational Omni CBRS
Polymarket Perps CBRS-USD
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL