Funding you earn now, next payment 00:00 UTC−0.0777%/8h= −85.0% APRpaid last 24h −0.145%
Price spread now: edgeX against Bybit−0.043%81s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$580.578% of the position
Funding, last 7 days−0.442%−$44 on $10k
+Price spread, last 3 days (all we have)+0.027%+$3 · spread now −0.043%, 7d avg +0.002%
=Together, before fees−0.416%+ Points / potential airdropedgeX: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and edgeX is 0.045% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.002%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.442% in total (about -23.1% 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 | Bybit CBRSUSDT | 209.43 | 0 | get 0.0000% / 8h | 36m 11s | $2.0M | $1.9M | 25x |
| Short | edgeX CBRSUSDC | 209.34 | −0.0777 | pay 0.0388% / 4h | 36m 11s | $24K | $221K | 10x |
Bybit CBRSUSDT
edgeX CBRSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- −$163.11
- Price spread: −0.043% → +0.002%
- −$4.48
- Slippage, 4 orders
- −$37.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$225.38
- Costs to cover
- 0.578%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; edgeX: live order book, 41 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 Bybit live order book, 5 min ago | 1.43 bp | 19.7 bp −$20 | 128.7 bp −$1,287 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 41 min ago | 5.74 bp | 10.7 bp −$11 | 15.9 bp −$159 | 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 CBRSUSDCshort | −0.0777% | 4h | 209.34 | −0.043% | $24K | $221K | 10x | |
| tradeXYZ xyz:CBRS | −0.0041% | 1h | 209.12 | −0.148% | $42.8M | $3.5M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.24 | −0.089% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDTlong | 0.0000% | 8h | 209.43 | long leg | $2.0M | $1.9M | 25x | |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.36 | −0.033% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.28 | −0.072% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.32 | −0.053% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.58 | +0.072% | $1K | $3.3M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.30 | −0.062% | $12K | $4K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.38 | −0.024% | $9K | $6K | 20x | as long as short |
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CBRS_USDT | +0.0011% | 8h | 209.40 | −0.014% | $2.9M | $3.1M | 50x | as long as short |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 208.96 | −0.224% | — | $94K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.473% | $114K | $114K | 10x | as long as short |
| QFEX CBRS-USD | +0.0021% | 1h | 209.27 | −0.076% | $1.1M | $3.4M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.13 | −0.143% | $48K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.25 | −0.086% | $343K | $918K | 10x | as long as short |
| Lighter CBRS | +0.0080% | 1h | 209.44 | +0.005% | $90K | $867K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.17 | −0.124% | $143K | $92K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.09 | −0.162% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.32 | −0.053% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.34 | −0.041% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0433% | 8h | 209.31 | −0.059% | $423K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0460% | 8h | 209.38 | −0.024% | $146K | $70K | 20x | as long as short |
| Binance CBRSUSDT | +0.0469% | 8h | 209.30 | −0.062% | $10.3M | $30.0M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0472% | 1h | 209.21 | −0.103% | $43K | $246K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0567% | 8h | 209.42 | −0.005% | $599 | $224K | 10x | as long as short |
Gate CBRS_USDT
Vest CBRS-USD-PERP
Coinbase International CBRS-PERP-INTX
QFEX CBRS-USD
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Lighter CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
GRVT CBRS_USDT_Perp