Funding you earn now, next payment 08:00 UTC−0.0257%/8h= −28.1% APRnext payment −$2.57 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.062%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$417as in the Funding arb table
Net, price: spread back to 7d avg − costs−$437as in the Price arb table
costs, in and out, $10k−$4324.324% of the position
Funding, last 7 days+0.155%+$15 on $10k
+Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.062%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.049% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.155%, 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 0.155% in total (about 8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.57 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 | Bybit CBRSUSDT | 210.25 | 0.0357 | pay 0.0357% / 8h | 4h 07m | $2.1M | $1.9M | 25x |
| Short | KuCoin CBRSUSDTM | 210.12 | 0.0100 | get 0.0100% / 8h | 4h 07m | $115K | $114K | 20x |
Bybit CBRSUSDT
KuCoin CBRSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$53.97
- Price spread: −0.062% → −0.013%
- −$4.92
- Slippage, 4 orders
- −$409.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$491.31
- Costs to cover
- 4.324%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 66 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, 4 min ago | 1.43 bp | 15.3 bp −$15 | 119.1 bp −$1,191 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 66 min ago | 9.76 bp | 159.3 bp −$159 | 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 | −0.0754% | 4h | 210.00 | −0.119% | $24K | $220K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 210.04 | −0.098% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.27 | +0.010% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 210.17 | −0.038% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 210.01 | −0.115% | $823 | $207K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.35 | +0.048% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.11 | −0.067% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0021% | 1h | 209.62 | −0.300% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.95 | −0.143% | $90K | $856K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.65 | −0.285% | $1K | $108K | 10x | as long as short |
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.85 | −0.190% | $42.9M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.96 | −0.138% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 210.01 | −0.114% | $340K | $723K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 210.05 | −0.095% | $1.1M | $3.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0092% | 8h | 210.01 | −0.114% | $423K | $95K | — | as long as short |
| KuCoin CBRSUSDTMshort | +0.0100% | 8h | 210.12 | −0.062% | $115K | $114K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.74 | −0.243% | $25K | $141K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 210.10 | −0.071% | $863 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.12 | −0.064% | $244 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0104% | 1h | 210.27 | +0.010% | $115K | $116K | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0160% | 1h | 210.12 | −0.062% | $45K | $261K | 10x | as long as short |
| Binance CBRSUSDT | +0.0163% | 8h | 210.17 | −0.038% | $10.2M | $29.4M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0176% | 8h | 210.11 | −0.067% | $148K | $70K | 20x | as long as short |
| Bybit CBRSUSDTlong | +0.0357% | 8h | 210.25 | long leg | $2.1M | $1.9M | 25x | |
| Gate CBRS_USDT | +0.0376% | 8h | 210.30 | +0.024% | $2.9M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1084% | 1h | 210.11 | −0.067% | $12K | $5K | 10x | as long as short |
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL