Funding you earn now, next payment 04:00 UTC−0.0230%/8h= −25.2% APRpaid last 24h −0.002%
Price spread now: ApeX Omni against Gate−0.076%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1221.221% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.076%, 7d avg −0.036%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and ApeX Omni is 0.040% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.036%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.100%, 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 0.100% in total (about 5.2% 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 | Gate CBRS_USDT | 210.10 | 0.0330 | pay 0.0330% / 8h | 4h 36m | $2.9M | $2.9M | 50x |
| Short | ApeX Omni CBRSUSDT | 209.94 | 0.0100 | get 0.0013% / 1h | 36m 41s | $25K | $141K | 50x |
Gate CBRS_USDT
ApeX Omni CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Gate. 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
- −$48.3
- Price spread: −0.076% → −0.036%
- −$4.03
- Slippage, 4 orders
- −$97.07
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$174.4
- Costs to cover
- 1.221%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; ApeX Omni: live order book, 19 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 Gate live order book, 1 min ago | 4.76 bp | 20.8 bp −$21 | 42.9 bp −$429 | 55.4 bp −$5,540 | doesn't fit |
| Sell ApeX Omni live order book, 19 min ago | 29.05 bp | 39.5 bp −$39 | 218.6 bp −$2,186 | 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 | −0.0285% | 4h | 209.92 | −0.083% | $24K | $220K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.89 | −0.101% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.03 | −0.033% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.94 | −0.076% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.96 | −0.066% | $388 | $205K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.16 | +0.029% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.01 | −0.043% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.59 | −0.243% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.82 | −0.133% | $92K | $844K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.82 | −0.133% | $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 | 209.73 | −0.176% | $42.9M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.81 | −0.138% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.98 | −0.057% | $340K | $723K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 209.88 | −0.105% | $1.1M | $3.1M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0084% | 1h | 209.89 | −0.100% | $12K | $5K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.82 | −0.133% | $115K | $115K | 20x | as long as short |
| ApeX Omni CBRSUSDTshort | +0.0100% | 1h | 209.94 | −0.076% | $25K | $141K | 50x | |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.90 | −0.095% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.92 | −0.087% | $244 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0104% | 1h | 210.27 | +0.081% | $115K | $116K | 10x | as long as short |
| Variational Omni CBRS | +0.0167% | 8h | 209.96 | −0.068% | $424K | $101K | — | as long as short |
| BloFin CBRS-USDT | +0.0191% | 8h | 209.99 | −0.052% | $148K | $69K | 20x | as long as short |
| Binance CBRSUSDT | +0.0205% | 8h | 209.93 | −0.080% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0208% | 1h | 209.88 | −0.106% | $45K | $260K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0311% | 8h | 210.07 | −0.014% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDTlong | +0.0330% | 8h | 210.10 | long leg | $2.9M | $2.9M | 50x |
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Deribit CBRS_USDC-PERPETUAL
KuCoin CBRSUSDTM
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
Bybit CBRSUSDT