Funding you earn now, next payment 07:00 UTC−0.0745%/8h= −81.6% APRpaid last 24h −0.030%
Price spread now: Bitget against ApeX Omni+0.360%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$1181.177% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)−0.318%−$32 · spread now +0.360%, 7d avg +0.035%
=The price spread pays, funding is against you. Bitget is 0.325% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.360% now, against its 7-day average of +0.035%): +$32 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.148% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.148% in total (about -7.7% 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 | ApeX Omni CBRSUSDT | 205.50 | 0.0100 | pay 0.0013% / 1h | 23m 38s | $24K | $138K | 50x |
| Short | Bitget CBRSUSDT | 206.24 | −0.0645 | pay 0.0645% / 8h | 1h 23m | $2.4M | $2.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against ApeX Omni. 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
- −$156.45
- Price spread: +0.360% → +0.035%
- $32.47
- Slippage, 4 orders
- −$95.72
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$241.7
- Costs to cover
- 1.177%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 17 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 ApeX Omni live order book, 17 min ago | 27.96 bp | 39.4 bp −$39 | 211.8 bp −$2,118 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.92 bp | 16.4 bp −$16 | 31.8 bp −$318 | 80.7 bp −$8,073 | 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 CBRSUSDTshort | −0.0645% | 8h | 206.24 | +0.360% | $2.4M | $2.5M | 20x | |
| tradeXYZ xyz:CBRS | −0.0199% | 1h | 205.94 | +0.214% | $42.2M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.12 | +0.300% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.26 | +0.370% | $2.2M | $3.4M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.27 | +0.375% | $2K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.97 | +0.229% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 205.86 | +0.175% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.92 | +0.204% | $91K | $896K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 205.44 | −0.029% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.78 | +0.136% | $51K | $1.1M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.79 | +0.141% | $335K | $717K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 206.07 | +0.277% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0082% | 8h | 205.90 | +0.194% | $401K | $101K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.85 | +0.170% | $113K | $109K | 20x | as long as short |
| ApeX Omni CBRSUSDTlong | +0.0100% | 1h | 205.50 | long leg | $24K | $138K | 50x | |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.90 | +0.195% | $814 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.98 | +0.235% | $239 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0141% | 8h | 206.23 | +0.356% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 206.09 | +0.287% | $46K | $391K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0163% | 8h | 205.97 | +0.229% | $147K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0210% | 8h | 205.76 | +0.128% | $514 | $216K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0341% | 8h | 205.96 | +0.224% | $2.1M | $2.0M | 25x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0382% | 1h | 205.96 | +0.224% | $12K | $5K | 10x | as long as short |
| Gate CBRS_USDT | +0.0383% | 8h | 206.30 | +0.389% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +2.321% | $115K | $116K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0645% | 4h | 205.70 | +0.099% | $23K | $220K | 10x | as long as short |
ApeX Omni CBRSUSDT
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC