Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.014%
Price spread now: Bybit against KuCoin−0.135%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$499as in the Funding arb table
Net, price: spread back to 7d avg − costs−$498as in the Price arb table
costs, in and out, $10k−$4834.831% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.135%, 7d avg +0.018%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.153% cheaper against KuCoin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CBRSUSDTM | 207.62 | 0.0100 | pay 0.0100% / 8h | 4h 56m | $114K | $323K | 20x |
| Short | Bybit CBRSUSDT | 207.34 | 0 | get 0.0000% / 8h | 4h 56m | $2.0M | $2.2M | 25x |
KuCoin CBRSUSDTM
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- −$21
- Price spread: −0.135% → +0.018%
- −$15.26
- Slippage, 4 orders
- −$460.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$519.37
- Costs to cover
- 4.831%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 31 min ago; Bybit: 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 KuCoin live order book, 31 min ago | 11.08 bp | 229.4 bp −$229 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.37 bp | 20.3 bp −$20 | 137.9 bp −$1,379 | doesn't fit | doesn't fit |
CBRS on 26 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.1917% | 1h | 207.22 | −0.193% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0899% | 1h | 207.25 | −0.178% | $42.5M | $4.1M | 10x | as long as short |
| Lighter CBRS | −0.0336% | 1h | 207.39 | −0.111% | $90K | $1.2M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0188% | 4h | 207.68 | +0.030% | $23K | $221K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | −0.0181% | 1h | 207.22 | −0.193% | $326K | $736K | 10x | as long as short |
| QFEX CBRS-USD | −0.0160% | 1h | 207.20 | −0.202% | $1.1M | $2.9M | 10x | as long as short |
| Phoenix CBRS | −0.0116% | 1h | 207.58 | −0.019% | $1K | $109K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.61 | −0.004% | $66K | $149K | 20x | as long as short |
| Bybit CBRSUSDTshort | 0.0000% | 8h | 207.34 | −0.135% | $2.0M | $2.2M | 25x | |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.45 | −0.082% | $2.2M | $3.4M | 25x | as long as short |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Lighter CBRS
edgeX CBRSUSDC
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Phoenix CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAPShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | 0.0000% | 8h | 207.45 | −0.082% | $2.3M | $2.8M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.02 | +0.193% | $946 | $2.4M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.40 | −0.106% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 207.28 | −0.164% | — | $108K | 10x | as long as short |
| Variational Omni CBRS | +0.0043% | 8h | 207.69 | +0.034% | $398K | $99K | — | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.43 | −0.092% | $49K | $939K | 10x | as long as short |
| Binance CBRSUSDT | +0.0080% | 8h | 207.52 | −0.048% | $10.2M | $33.2M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0080% | 1h | 207.26 | −0.175% | $44K | $376K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.55 | −0.034% | $821 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTMlong | +0.0100% | 8h | 207.62 | long leg | $114K | $323K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.54 | −0.039% | $24K | $138K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.55 | −0.036% | $241 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0120% | 8h | 207.36 | −0.125% | $150K | $75K | 20x | as long as short |
| Gate CBRS_USDT | +0.0152% | 8h | 207.50 | −0.058% | $2.9M | $3.3M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0272% | 1h | 210.27 | +1.276% | $115K | $107K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0410% | 8h | 207.70 | +0.039% | $563 | $237K | 10x | as long as short |
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Variational Omni CBRS
Polymarket Perps CBRS-USD
Binance CBRSUSDT
Extended CBRS_24_5-USD
Orderly PERP_CBRS_USDC_mythos
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
BloFin CBRS-USDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
GRVT CBRS_USDT_Perp