Funding you earn now, next payment 08:00 UTC−0.0111%/8h= −12.2% APRnext payment −$1.11 per $10,000 · paid last 24h −0.032%
Price spread now: Bitget against Gate−0.086%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$890.895% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 7 days+0.105%+$11 · spread now −0.086%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.061% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CBRS_USDT | 209.40 | 0.0111 | pay 0.0111% / 8h | 5h 53m | $2.9M | $3.0M | 50x |
| Short | Bitget CBRSUSDT | 209.22 | 0 | get 0.0000% / 8h | 5h 53m | $2.4M | $2.7M | 20x |
Gate CBRS_USDT
Bitget CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$23.31
- Price spread: −0.086% → −0.025%
- −$6.07
- Slippage, 4 orders
- −$62.46
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$118.84
- Costs to cover
- 0.895%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago | 7.16 bp | 19.7 bp −$20 | 48.8 bp −$488 | 64.6 bp −$6,461 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.15 bp | 14.2 bp −$14 | 29.5 bp −$295 | 80.2 bp −$8,018 | doesn't fit |
CBRS on 25 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 | 208.44 | −0.458% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.11 | −0.137% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.34 | −0.029% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDTshort | 0.0000% | 8h | 209.22 | −0.086% | $2.4M | $2.7M | 20x | |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.18 | −0.103% | $523 | $205K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.53 | +0.062% | $958 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.34 | −0.029% | $9K | $9K | 20x | as long as short |
| tradeXYZ xyz:CBRS | +0.0006% | 1h | 209.00 | −0.191% | $42.8M | $3.5M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.82 | −0.277% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.98 | −0.201% | $91K | $825K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
tradeXYZ xyz:CBRS
Vest CBRS-USD-PERP
Lighter CBRSShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | +0.0038% | 1h | 208.94 | −0.220% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.12 | −0.134% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.21 | −0.091% | $339K | $736K | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 209.20 | −0.096% | $1.1M | $3.3M | 10x | as long as short |
| Bybit CBRSUSDT | +0.0053% | 8h | 209.26 | −0.067% | $2.1M | $1.9M | 25x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.11 | −0.138% | $114K | $118K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.11 | −0.138% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.15 | −0.119% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.16 | −0.113% | $243 | — | 10x | as long as short |
| Gate CBRS_USDTlong | +0.0111% | 8h | 209.40 | long leg | $2.9M | $3.0M | 50x | |
| edgeX CBRSUSDC | +0.0138% | 4h | 209.18 | −0.105% | $24K | $219K | 10x | as long as short |
| Variational Omni CBRS | +0.0265% | 8h | 209.23 | −0.081% | $423K | $119K | — | as long as short |
| Binance CBRSUSDT | +0.0293% | 8h | 209.21 | −0.091% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0296% | 1h | 209.16 | −0.114% | $46K | $268K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1425% | 1h | 209.26 | −0.067% | $12K | $5K | 10x | as long as short |
Phoenix CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Bybit CBRSUSDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
edgeX CBRSUSDC
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
Deribit CBRS_USDC-PERPETUAL