Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: Bitget against Phoenix+0.043%99s7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1341.336% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 3 days (all we have)−0.136%−$14 · spread now +0.043%, 7d avg +0.060%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CBRS | 208.69 | 0 | get 0.0000% / 1h | 47m 49s | $1K | $112K | 10x |
| Short | Bitget CBRSUSDT | 208.78 | 0 | get 0.0000% / 8h | 1h 47m | $2.4M | $2.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phoenix. 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
- $0
- Price spread: +0.043% → +0.060%
- −$1.73
- Slippage, 4 orders
- −$114.56
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$135.29
- Costs to cover
- 1.336%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 27 min ago; Bitget: live order book, 5 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 Phoenix live order book, 27 min ago | 10.56 bp | 38.9 bp −$39 | 113.2 bp −$1,132 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.83 bp | 27.2 bp −$27 | 46.4 bp −$464 | 83.1 bp −$8,305 | 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 | −0.0138% | 4h | 208.76 | +0.035% | $24K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0136% | 1h | 208.52 | −0.081% | $42.7M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0008% | 1h | 208.44 | −0.120% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.63 | −0.028% | $65K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.82 | +0.062% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.79 | +0.048% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 208.80 | +0.053% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDTshort | 0.0000% | 8h | 208.78 | +0.043% | $2.4M | $2.8M | 20x | |
| Phoenix CBRSlong | 0.0000% | 1h | 208.69 | long leg | $1K | $112K | 10x | |
| SunX CBRS-USDT | 0.0000% | 8h | 208.97 | +0.134% | $1K | $3.4M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 208.76 | +0.034% | $12K | $52K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.93 | +0.115% | $9K | $6K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0023% | 1h | 208.70 | +0.005% | — | $90K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 208.86 | +0.081% | $1.1M | $3.3M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.71 | +0.010% | $92K | $883K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.67 | −0.010% | $31K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.70 | +0.005% | $344K | $906K | 10x | as long as short |
| Variational Omni CBRS | +0.0080% | 8h | 208.75 | +0.027% | $422K | $321K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.75 | +0.029% | $143K | $97K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.46 | −0.110% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.71 | +0.010% | $857 | $1K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0102% | 8h | 208.92 | +0.110% | $146K | $70K | 20x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.80 | +0.051% | $242 | — | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0120% | 1h | 208.69 | −0.001% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0123% | 8h | 208.72 | +0.014% | $10.3M | $30.3M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0286% | 8h | 208.76 | +0.031% | $887 | $240K | 10x | as long as short |
Phoenix CBRS
Bitget CBRSUSDT
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Lighter CBRS
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp