Funding you earn now, next payment 08:00 UTC+0.0597%/8h= +65.4% APRnext payment +$5.97 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.087%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$442as in the Funding arb table
Net, price: spread back to 7d avg − costs−$466as in the Price arb table
costs, in and out, $10k−$4604.604% of the position
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.087%, 7d avg −0.029%
=Funding pays, the price is against you. KuCoin is 0.058% cheaper against Bitget than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.029%). If the spread goes back, that is −$6 on $10k: about 8 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.183% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.183% in total (about 9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.97 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 | Bitget CBRSUSDT | 206.40 | −0.0497 | get 0.0497% / 8h | 46m 26s | $2.4M | $2.5M | 20x |
| Short | KuCoin CBRSUSDTM | 206.22 | 0.0100 | get 0.0100% / 8h | 46m 26s | $113K | $105K | 20x |
Bitget CBRSUSDT
KuCoin CBRSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $125.37
- Price spread: −0.087% → −0.029%
- −$5.78
- Slippage, 4 orders
- −$436.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$340.8
- Costs to cover
- 4.604%
- Break-even
- 26.0 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 48 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 Bitget live order book, 1 min ago | 3.15 bp | 20.7 bp −$21 | 24.5 bp −$245 | 78.8 bp −$7,879 | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 11.19 bp | 182.7 bp −$183 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0949% | 4h | 206.02 | −0.186% | $23K | $221K | 10x | as long as short |
| Bitget CBRSUSDTlong | −0.0497% | 8h | 206.40 | long leg | $2.4M | $2.5M | 20x | |
| tradeXYZ xyz:CBRS | −0.0173% | 1h | 206.16 | −0.116% | $42.2M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.52 | +0.060% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.40 | 0.000% | $2.2M | $3.4M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 205.79 | −0.296% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.61 | +0.102% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.39 | −0.005% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0023% | 1h | 206.15 | −0.121% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.50 | +0.048% | $92K | $909K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USD | +0.0050% | 1h | 206.41 | +0.005% | $1.1M | $3.0M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.16 | −0.116% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.96 | −0.213% | $335K | $716K | 10x | as long as short |
| Variational Omni CBRS | +0.0051% | 8h | 206.03 | −0.177% | $401K | $93K | — | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0089% | 1h | 206.38 | −0.010% | $12K | $5K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0094% | 8h | 206.42 | +0.010% | $147K | $71K | 20x | as long as short |
| KuCoin CBRSUSDTMshort | +0.0100% | 8h | 206.22 | −0.087% | $113K | $105K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.19 | −0.102% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.46 | +0.029% | $817 | $1K | 10x | as long as short |
| Binance CBRSUSDT | +0.0104% | 8h | 206.44 | +0.019% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0104% | 1h | 206.39 | −0.003% | $44K | $388K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.51 | +0.052% | $240 | — | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0176% | 8h | 206.03 | −0.179% | $653 | $218K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0260% | 8h | 206.35 | −0.024% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0388% | 8h | 206.60 | +0.097% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +1.875% | $115K | $112K | 10x | as long as short |
QFEX CBRS-USD
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Variational Omni CBRS
Deribit CBRS_USDC-PERPETUAL
BloFin CBRS-USDT
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Binance CBRSUSDT
Extended CBRS_24_5-USD
Aevo CBRS-PERP
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX