Funding you earn now, next payment 08:00 UTC−0.0539%/8h= −59.0% APRnext payment −$5.39 per $10,000 · paid last 24h −0.076%
Price spread now: Bitget against Binance+0.005%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$720.724% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.005%, 7d avg +0.007%
=The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.114% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.39 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 | Binance CBRSUSDT | 206.09 | 0.0087 | pay 0.0087% / 8h | 36m 14s | $10.1M | $30.6M | 25x |
| Short | Bitget CBRSUSDT | 206.10 | −0.0452 | pay 0.0452% / 8h | 36m 14s | $2.4M | $2.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$113.14
- Price spread: +0.005% → +0.007%
- −$0.11
- Slippage, 4 orders
- −$50.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$185.62
- Costs to cover
- 0.724%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bitget: 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 Binance live order book, 5 min ago | 0.73 bp | 11.9 bp −$12 | 34.4 bp −$344 | 157.4 bp −$15.7K | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.18 bp | 23.0 bp −$23 | 38.0 bp −$380 | 84.5 bp −$8,449 | 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 | −0.0452% | 8h | 206.10 | +0.005% | $2.4M | $2.5M | 20x | |
| Deribit CBRS_USDC-PERPETUAL | −0.0138% | 1h | 206.04 | −0.024% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0124% | 1h | 205.87 | −0.106% | $42.2M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.21 | +0.061% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.98 | −0.053% | $2.2M | $3.4M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.06 | −0.014% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.59 | +0.243% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.26 | +0.083% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0024% | 1h | 205.75 | −0.164% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.09 | +0.001% | $92K | $912K | 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 | +0.100% | $402K | $91K | — | as long as short |
| QFEX CBRS-USD | +0.0050% | 1h | 206.01 | −0.038% | $1.1M | $3.0M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.87 | −0.106% | $50K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.97 | −0.058% | $335K | $716K | 10x | as long as short |
| Binance CBRSUSDTlong | +0.0087% | 8h | 206.09 | long leg | $10.1M | $30.6M | 25x | |
| Extended CBRS_24_5-USD | +0.0088% | 1h | 206.07 | −0.011% | $44K | $388K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.13 | +0.020% | $113K | $105K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.19 | +0.049% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.16 | +0.035% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.12 | +0.015% | $239 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0108% | 8h | 206.13 | +0.020% | $146K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0156% | 8h | 206.26 | +0.083% | $635 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0247% | 8h | 206.13 | +0.020% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0393% | 8h | 206.30 | +0.102% | $2.9M | $3.0M | 50x | as long as short |
| edgeX CBRSUSDC | +0.0490% | 4h | 206.21 | +0.060% | $23K | $220K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +2.029% | $115K | $112K | 10x | as long as short |
Binance CBRSUSDT
Bitget CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
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
Extended CBRS_24_5-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTX