Funding you earn now, next payment 08:00 UTC−0.0192%/8h= −21.0% APRnext payment −$1.92 per $10,000 · paid last 24h −0.046%
Price spread now: KuCoin against Binance−0.039%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$415as in the Funding arb table
Net, price: spread back to 7d avg − costs−$423as in the Price arb table
costs, in and out, $10k−$4214.214% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 2 days (all we have)+0.031%+$3 · spread now −0.039%, 7d avg −0.022%
=The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.069%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.069% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.92 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 | 209.33 | 0.0292 | pay 0.0292% / 8h | 5h 50m | $10.3M | $29.4M | 25x |
| Short | KuCoin CBRSUSDTM | 209.25 | 0.0100 | get 0.0100% / 8h | 5h 50m | $114K | $118K | 20x |
Binance CBRSUSDT
KuCoin CBRSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$40.28
- Price spread: −0.039% → −0.022%
- −$1.68
- Slippage, 4 orders
- −$399.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$463.39
- Costs to cover
- 4.214%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 38 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 | 0.24 bp | 11.4 bp −$11 | 28.5 bp −$285 | 108.3 bp −$10.8K | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 13.15 bp | 208.9 bp −$209 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 208.44 | −0.426% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.26 | −0.035% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.42 | +0.042% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.33 | −0.001% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.20 | −0.062% | $523 | $205K | 10x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.05 | −0.134% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.51 | +0.085% | $957 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.34 | +0.004% | $9K | $9K | 20x | as long as short |
| tradeXYZ xyz:CBRS | +0.0004% | 1h | 209.07 | −0.125% | $42.8M | $3.5M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.82 | −0.244% | — | $94K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
tradeXYZ xyz:CBRS
Vest CBRS-USD-PERPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.22 | −0.053% | $90K | $826K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.13 | −0.096% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.25 | −0.039% | $339K | $736K | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 209.22 | −0.053% | $1.1M | $3.3M | 10x | as long as short |
| Bybit CBRSUSDT | +0.0075% | 8h | 209.45 | +0.057% | $2.1M | $1.9M | 25x | as long as short |
| KuCoin CBRSUSDTMshort | +0.0100% | 8h | 209.25 | −0.039% | $114K | $118K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.04 | −0.139% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.27 | −0.029% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.32 | −0.005% | $243 | — | 10x | as long as short |
| Gate CBRS_USDT | +0.0106% | 8h | 209.50 | +0.081% | $2.9M | $3.0M | 50x | as long as short |
| Variational Omni CBRS | +0.0253% | 8h | 209.22 | −0.054% | $423K | $118K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0288% | 1h | 209.28 | −0.023% | $46K | $268K | 10x | as long as short |
| Binance CBRSUSDTlong | +0.0292% | 8h | 209.33 | long leg | $10.3M | $29.4M | 25x | |
| edgeX CBRSUSDC | +0.0322% | 4h | 209.17 | −0.079% | $24K | $220K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0611% | 1h | 209.30 | −0.015% | $12K | $5K | 10x | as long as short |
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Bybit CBRSUSDT
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Gate CBRS_USDT
Variational Omni CBRS
Extended CBRS_24_5-USD
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL