Funding you earn now, next payment 06:00 UTC+0.0499%/8h= +54.6% APRpaid last 24h −0.031%
Price spread now: tradeXYZ against Bitget−0.208%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$730.725% of the position
Funding, last 7 days−0.266%−$27 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now −0.208%, 7d avg −0.143%
=Together, before fees−0.200%+ Points / potential airdroptradeXYZ: Active · farm board−$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.065% cheaper against Bitget than usual: you would sell low and buy high (spread −0.208% now, against its 7-day average of −0.143%). If the spread goes back, that is −$6 on $10k: about 10 hours of funding at the current rate (+$15 a day). Mind the row above: over the last 7 days funding on this pair cost −0.266%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.266% in total (about -13.9% 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 | Bitget CBRSUSDT | 206.89 | −0.0610 | get 0.0610% / 8h | 2h 08m | $2.4M | $2.4M | 20x |
| Short | tradeXYZ xyz:CBRS | 206.46 | −0.0111 | pay 0.0014% / 1h | 8m 21s | $42.2M | $4.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $104.72
- Price spread: −0.208% → −0.143%
- −$6.47
- Slippage, 4 orders
- −$42.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $25.74
- Costs to cover
- 0.725%
- Break-even
- 5.3 days
Slippage from Bitget: live order book, 4 min ago; tradeXYZ: live order book, 11 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, 4 min ago | 2.66 bp | 17.4 bp −$17 | 20.8 bp −$208 | 74.0 bp −$7,400 | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.73 bp | 11.6 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDTlong | −0.0610% | 8h | 206.89 | long leg | $2.4M | $2.4M | 20x | |
| edgeX CBRSUSDC | −0.0495% | 4h | 206.88 | −0.006% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRSshort | −0.0111% | 1h | 206.46 | −0.208% | $42.2M | $4.0M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 207.06 | +0.081% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.95 | +0.029% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.62 | −0.131% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.26 | +0.179% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.83 | −0.029% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0015% | 1h | 206.55 | −0.164% | — | $107K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 206.84 | −0.024% | $1.1M | $3.1M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 206.63 | −0.126% | $90K | $887K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.57 | −0.155% | $51K | $1.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0092% | 8h | 206.91 | +0.011% | $417K | $96K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.61 | −0.135% | $115K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.59 | −0.145% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.80 | −0.044% | $818 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.82 | −0.033% | $240 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0145% | 8h | 207.00 | +0.053% | $145K | $71K | 20x | as long as short |
| Binance CBRSUSDT | +0.0156% | 8h | 206.89 | +0.001% | $10.1M | $30.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0160% | 1h | 206.82 | −0.032% | $44K | $389K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0195% | 8h | 206.90 | +0.006% | $557 | $214K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0207% | 1h | 206.81 | −0.039% | $336K | $719K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0332% | 8h | 207.02 | +0.063% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0355% | 8h | 207.10 | +0.102% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +1.634% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0960% | 1h | 206.89 | 0.000% | $12K | $5K | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL