Funding you earn now, next payment 23:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h −0.005%
Price spread now: QFEX against Bitget+0.029%56s7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$700.702% of the position
Funding, last 3 days (all we have)−0.005%$0 on $10k
+Price spread, last 7 days−0.077%−$8 · spread now +0.029%, 7d avg −0.038%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.066% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.038%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CBRSUSDT | 208.80 | 0 | get 0.0000% / 8h | 1h 47m | $2.4M | $2.8M | 20x |
| Short | QFEX CBRS-USD | 208.86 | 0.0027 | get 0.0003% / 1h | 47m 42s | $1.1M | $3.3M | 10x |
Bitget CBRSUSDT
QFEX CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $5.68
- Price spread: +0.029% → −0.038%
- $6.63
- Slippage, 4 orders
- −$48.23
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$57.93
- Costs to cover
- 0.702%
- Break-even
- 78.4 days
Slippage from Bitget: live order book, 5 min ago; QFEX: 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 Bitget live order book, 5 min ago | 3.83 bp | 27.1 bp −$27 | 38.8 bp −$388 | 86.5 bp −$8,646 | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.16 bp | 7.6 bp −$8 | 13.1 bp −$131 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0139% | 1h | 208.54 | −0.125% | $42.7M | $3.6M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0138% | 4h | 208.76 | −0.018% | $24K | $220K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0008% | 1h | 208.44 | −0.172% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.64 | −0.078% | $65K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.82 | +0.010% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.79 | −0.005% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 208.80 | 0.000% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDTlong | 0.0000% | 8h | 208.80 | long leg | $2.4M | $2.8M | 20x | |
| Phoenix CBRS | 0.0000% | 1h | 208.69 | −0.053% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.97 | +0.081% | $1K | $3.4M | 10x | as long as short |
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Phoenix CBRS
SunX CBRS-USDTShow 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 | −0.019% | $12K | $52K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.93 | +0.062% | $9K | $6K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0023% | 1h | 208.70 | −0.048% | — | $90K | 10x | as long as short |
| QFEX CBRS-USDshort | +0.0027% | 1h | 208.86 | +0.029% | $1.1M | $3.3M | 10x | |
| Lighter CBRS | +0.0032% | 1h | 208.71 | −0.043% | $92K | $883K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.67 | −0.062% | $31K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.70 | −0.048% | $344K | $906K | 10x | as long as short |
| Variational Omni CBRS | +0.0080% | 8h | 208.75 | −0.025% | $422K | $321K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.76 | −0.019% | $143K | $97K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.46 | −0.163% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.71 | −0.043% | $857 | $1K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0102% | 8h | 208.92 | +0.057% | $146K | $70K | 20x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.80 | −0.001% | $242 | — | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0120% | 1h | 208.75 | −0.022% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0126% | 8h | 208.78 | −0.009% | $10.3M | $30.3M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0286% | 8h | 208.76 | −0.021% | $887 | $240K | 10x | as long as short |
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
BloFin CBRS-USDT
Aevo CBRS-PERP
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp