Funding you earn now, next payment 08:00 UTC+0.0221%/8h= +24.2% APRpaid last 24h −0.010%
Price spread now: Bybit against QFEX−0.039%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 4 days (all we have)+0.037%+$4 on $10k
+Price spread, last 7 days+0.095%+$9 · spread now −0.039%, 7d avg +0.034%
=Funding pays, the price is against you. Bybit is 0.072% cheaper against QFEX than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of +0.034%). If the spread goes back, that is −$7 on $10k: about 26 hours of funding at the current rate (+$7 a day). At the pace of the last 4 days (+0.037% in total) that is about 7.2 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.037% in total (about 3.7% 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 | QFEX CBRS-USD | 205.92 | 0.0050 | pay 0.0006% / 1h | 56m 52s | $1.1M | $3.0M | 10x |
| Short | Bybit CBRSUSDT | 205.84 | 0.0271 | get 0.0271% / 8h | 56m 52s | $2.1M | $2.0M | 25x |
QFEX CBRS-USD
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against QFEX. 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
- $46.4
- Price spread: −0.039% → +0.034%
- −$7.25
- Slippage, 4 orders
- −$32.66
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$14.51
- Costs to cover
- 0.537%
- Break-even
- 9.2 days
Slippage from QFEX: live order book, 6 min ago; Bybit: 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 QFEX live order book, 6 min ago | 2.18 bp | 7.2 bp −$7 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.43 bp | 17.4 bp −$17 | 126.3 bp −$1,263 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0522% | 8h | 205.97 | +0.024% | $2.4M | $2.5M | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0478% | 1h | 205.95 | +0.015% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0180% | 1h | 205.68 | −0.117% | $42.1M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.86 | −0.030% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.03 | +0.053% | $2.2M | $3.4M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.59 | +0.325% | $998 | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.14 | +0.107% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 205.74 | −0.087% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.02 | +0.049% | $91K | $901K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 206.07 | +0.073% | $1K | $108K | 10x | as long as short |
Bitget CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USDlong | +0.0050% | 1h | 205.92 | long leg | $1.1M | $3.0M | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.80 | −0.058% | $50K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.07 | +0.073% | $335K | $716K | 10x | as long as short |
| Variational Omni CBRS | +0.0068% | 8h | 206.06 | +0.067% | $402K | $95K | — | as long as short |
| BloFin CBRS-USDT | +0.0095% | 8h | 206.22 | +0.146% | $147K | $71K | 20x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.83 | −0.044% | $113K | $107K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.20 | +0.136% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.97 | +0.024% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.96 | +0.019% | $239 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0111% | 8h | 205.83 | −0.043% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0112% | 1h | 205.76 | −0.078% | $44K | $388K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0192% | 8h | 206.13 | +0.102% | $721 | $218K | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0271% | 8h | 205.84 | −0.039% | $2.1M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0388% | 8h | 206.10 | +0.087% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +2.112% | $115K | $112K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0654% | 4h | 206.23 | +0.151% | $23K | $220K | 10x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Variational Omni CBRS
BloFin CBRS-USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
GRVT CBRS_USDT_Perp
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC