Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%
Price spread now: Phoenix against Bitget−0.081%99s7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as 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−$1671.674% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 3 days (all we have)+0.153%+$15 · spread now −0.081%, 7d avg −0.061%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CBRSUSDT | 209.49 | 0 | get 0.0000% / 8h | 19m 49s | $2.4M | $2.8M | 20x |
| Short | Phoenix CBRS | 209.32 | 0 | get 0.0000% / 1h | 19m 49s | $1K | $111K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Bitget. 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: −0.081% → −0.061%
- −$1.97
- Slippage, 4 orders
- −$148.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$169.37
- Costs to cover
- 1.674%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Phoenix: live order book, 50 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 Bitget live order book, 3 min ago | 1.91 bp | 22.3 bp −$22 | 29.9 bp −$299 | 73.2 bp −$7,320 | doesn't fit |
| Sell Phoenix live order book, 50 min ago | 15.30 bp | 63.2 bp −$63 | 212.7 bp −$2,127 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.0705% | 1h | 209.32 | −0.081% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | −0.0599% | 4h | 209.31 | −0.084% | $24K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0213% | 1h | 209.20 | −0.138% | $42.9M | $3.5M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.36 | −0.063% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.56 | +0.033% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.49 | 0.000% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDTlong | 0.0000% | 8h | 209.49 | long leg | $2.4M | $2.8M | 20x | |
| Phoenix CBRSshort | 0.0000% | 1h | 209.32 | −0.081% | $1K | $111K | 10x | |
| SunX CBRS-USDT | 0.0000% | 8h | 209.63 | +0.067% | $964 | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.43 | −0.029% | $9K | $7K | 20x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CBRS_USDT | +0.0004% | 8h | 209.40 | −0.043% | $2.9M | $3.1M | 50x | as long as short |
| Vest CBRS-USD-PERP | +0.0014% | 1h | 209.11 | −0.181% | — | $94K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.501% | $114K | $114K | 10x | as long as short |
| QFEX CBRS-USD | +0.0021% | 1h | 209.39 | −0.048% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.48 | −0.005% | $91K | $868K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.25 | −0.115% | $57K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.26 | −0.110% | $342K | $919K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.40 | −0.043% | $143K | $92K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.32 | −0.081% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.34 | −0.072% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.44 | −0.023% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0445% | 8h | 209.32 | −0.083% | $423K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0456% | 8h | 209.39 | −0.048% | $146K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0472% | 1h | 209.31 | −0.086% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0475% | 8h | 209.38 | −0.053% | $10.3M | $30.0M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0556% | 8h | 209.37 | −0.057% | $488 | $222K | 10x | as long as short |
Bitget CBRSUSDT
Phoenix CBRS
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Lighter CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp