Funding you earn now, next payment 08:00 UTC−0.0281%/8h= −30.8% APRnext payment −$2.81 per $10,000 · paid last 24h −0.032%
Price spread now: Aster against Gate−0.151%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$960.964% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.151%, 7d avg −0.012%
=Together, before fees−0.134%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Aster is 0.139% cheaper against Gate than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.115% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.81 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 | Gate CBRS_USDT | 210.50 | 0.0281 | pay 0.0281% / 8h | 5h 04m | $2.9M | $3.0M | 50x |
| Short | Aster CBRSUSDT | 210.18 | 0 | get 0.0000% / 8h | 5h 04m | $66K | $147K | 20x |
Gate CBRS_USDT
Aster CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$59.01
- Price spread: −0.151% → −0.012%
- −$13.93
- Slippage, 4 orders
- −$73.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$169.38
- Costs to cover
- 0.964%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Aster: live order book, 56 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, 3 min ago | 4.75 bp | 26.4 bp −$26 | 41.7 bp −$417 | 59.4 bp −$5,941 | doesn't fit |
| Sell Aster live order book, 56 min ago | 5.26 bp | 25.5 bp −$26 | 725.2 bp −$7,252 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 210.27 | −0.109% | $115K | $116K | 10x | as long as short |
| Aster CBRSUSDTshort | 0.0000% | 8h | 210.18 | −0.151% | $66K | $147K | 20x | |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.38 | −0.057% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 210.29 | −0.100% | $2.4M | $2.7M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.95 | −0.261% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.45 | −0.024% | $989 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.28 | −0.105% | $9K | $9K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0016% | 8h | 210.12 | −0.180% | $574 | $205K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.69 | −0.385% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 210.04 | −0.219% | $90K | $831K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
GRVT CBRS_USDT_Perp
Vest CBRS-USD-PERP
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.95 | −0.261% | $43.0M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 210.14 | −0.171% | $55K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 210.21 | −0.138% | $1.1M | $3.3M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0086% | 1h | 210.12 | −0.181% | $341K | $734K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 210.08 | −0.200% | $115K | $116K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.89 | −0.290% | $25K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 210.24 | −0.124% | $863 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.26 | −0.113% | $244 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0227% | 8h | 210.15 | −0.164% | $425K | $107K | — | as long as short |
| Bybit CBRSUSDT | +0.0268% | 8h | 210.36 | −0.067% | $2.1M | $1.9M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0272% | 1h | 210.23 | −0.131% | $45K | $262K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0272% | 8h | 210.28 | −0.105% | $105K | $69K | 20x | as long as short |
| Binance CBRSUSDT | +0.0273% | 8h | 210.28 | −0.105% | $10.3M | $29.4M | 25x | as long as short |
| Gate CBRS_USDTlong | +0.0281% | 8h | 210.50 | long leg | $2.9M | $3.0M | 50x | |
| Deribit CBRS_USDC-PERPETUAL | +0.0702% | 1h | 210.22 | −0.133% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0712% | 4h | 210.19 | −0.145% | $24K | $220K | 10x | as long as short |
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
QFEX CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Bybit CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Binance CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC