Funding you earn now, next payment 02:00 UTC+0.0239%/8h= +26.2% APRpaid last 24h +0.044%
Price spread now: Bybit against tradeXYZ+0.172%7-day average +0.139% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$610.615% of the position
Funding, last 7 days+0.310%+$31 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now +0.172%, 7d avg +0.139%
=Together, before fees+0.257%+ Points / potential airdroptradeXYZ: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.033% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.139%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CBRS | 209.23 | −0.0123 | get 0.0015% / 1h | 15m 53s | $42.9M | $3.5M | 10x |
| Short | Bybit CBRSUSDT | 209.59 | 0.0116 | get 0.0116% / 8h | 6h 15m | $2.1M | $1.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- $50.17
- Price spread: +0.172% → +0.139%
- $3.28
- Slippage, 4 orders
- −$32.49
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$8.04
- Costs to cover
- 0.615%
- Break-even
- 8.1 days
Slippage from tradeXYZ: live order book, 3 min ago; Bybit: live order book, 1 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 tradeXYZ live order book, 3 min ago | 0.96 bp | 12.6 bp −$13 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.86 bp | 18.3 bp −$18 | 138.3 bp −$1,383 | doesn't fit | doesn't fit |
CBRS on 25 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 | −0.0833% | 4h | 209.22 | −0.003% | $24K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRSlong | −0.0123% | 1h | 209.23 | long leg | $42.9M | $3.5M | 10x | |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.378% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.46 | +0.110% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.43 | +0.096% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.44 | +0.100% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.21 | −0.008% | $795 | $206K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.88 | +0.311% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.59 | +0.172% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 209.19 | −0.019% | — | $94K | 10x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.29 | +0.029% | $90K | $850K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.42 | +0.091% | $1.1M | $3.3M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.13 | −0.048% | $1K | $109K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.43 | +0.096% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.48 | +0.119% | $340K | $741K | 10x | as long as short |
| Gate CBRS_USDT | +0.0065% | 8h | 209.50 | +0.129% | $2.9M | $3.0M | 50x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.43 | +0.096% | $115K | $120K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.30 | +0.033% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.45 | +0.105% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.49 | +0.126% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0116% | 8h | 209.59 | +0.172% | $2.1M | $1.9M | 25x | |
| Variational Omni CBRS | +0.0316% | 8h | 209.46 | +0.108% | $423K | $124K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0344% | 1h | 209.43 | +0.098% | $44K | $271K | 10x | as long as short |
| Binance CBRSUSDT | +0.0345% | 8h | 209.54 | +0.150% | $10.3M | $29.5M | 25x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0514% | 1h | 209.47 | +0.115% | $12K | $5K | 10x | as long as short |
tradeXYZ xyz:CBRS
Bybit CBRSUSDT
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USD
Gate CBRS_USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
Deribit CBRS_USDC-PERPETUAL