Funding you earn now, next payment 08:00 UTC−0.0128%/8h= −14.0% APRnext payment −$1.28 per $10,000 · paid last 24h −0.071%
Price spread now: OKX against Binance+0.054%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$630.625% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 7 days−0.055%−$6 · spread now +0.054%, 7d avg −0.015%
=The price spread pays, funding is against you. OKX is 0.068% dearer against Binance than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.015%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CBRSUSDT | 205.52 | 0.0128 | pay 0.0128% / 8h | 2h 23m | $10.0M | $30.3M | 25x |
| Short | OKX CBRS-USDT-SWAP | 205.63 | 0 | get 0.0000% / 8h | 2h 23m | $2.2M | $3.5M | 25x |
Binance CBRSUSDT
OKX CBRS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- −$26.89
- Price spread: +0.054% → −0.015%
- $6.84
- Slippage, 4 orders
- −$42.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$82.6
- Costs to cover
- 0.625%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; OKX: 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 Binance live order book, 3 min ago | 1.46 bp | 10.7 bp −$11 | 27.6 bp −$276 | 126.8 bp −$12.7K | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.24 bp | 19.8 bp −$20 | 71.2 bp −$712 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0900% | 4h | 205.36 | −0.078% | $23K | $220K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0663% | 8h | 205.56 | +0.019% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0221% | 1h | 205.25 | −0.131% | $42.0M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.56 | +0.022% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAPshort | 0.0000% | 8h | 205.63 | +0.054% | $2.2M | $3.5M | 25x | |
| Phoenix CBRS | 0.0000% | 1h | 205.11 | −0.199% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.70 | +0.088% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.53 | +0.005% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0014% | 1h | 205.01 | −0.248% | — | $107K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 205.47 | −0.024% | $1.1M | $3.1M | 10x | as long as short |
edgeX CBRSUSDC
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0040% | 1h | 205.20 | −0.156% | $89K | $881K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.28 | −0.117% | $50K | $1.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0063% | 8h | 205.38 | −0.070% | $400K | $85K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.34 | −0.088% | $114K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.40 | −0.058% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.40 | −0.058% | $812 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.39 | −0.065% | $238 | — | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0128% | 1h | 205.46 | −0.028% | $46K | $387K | 10x | as long as short |
| Binance CBRSUSDTlong | +0.0128% | 8h | 205.52 | long leg | $10.0M | $30.3M | 25x | |
| BloFin CBRS-USDT | +0.0129% | 8h | 205.43 | −0.044% | $146K | $70K | 20x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0142% | 1h | 205.50 | −0.010% | $334K | $713K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0155% | 8h | 205.46 | −0.028% | $544 | $212K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0282% | 8h | 205.52 | 0.000% | $2.0M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0343% | 8h | 205.60 | +0.039% | $2.8M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +2.311% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1700% | 1h | 205.48 | −0.019% | $12K | $5K | 10x | as long as short |
Lighter CBRS
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Ondo Perps CBRS-USD.P
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL