Funding you earn now, next payment 06:00 UTC−0.0436%/8h= −47.8% APRpaid last 24h −0.031%
Price spread now: tradeXYZ against Bybit−0.237%7-day average −0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days−0.294%−$29 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now −0.237%, 7d avg −0.139%
=Together, before fees−0.216%+ Points / potential airdroptradeXYZ: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and tradeXYZ is 0.097% cheaper against Bybit than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.139%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.294% in total (about -15.3% 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 | Bybit CBRSUSDT | 206.98 | 0.0336 | pay 0.0336% / 8h | 2h 07m | $2.1M | $2.0M | 25x |
| Short | tradeXYZ xyz:CBRS | 206.49 | −0.0100 | pay 0.0012% / 1h | 7m 17s | $42.2M | $4.0M | 10x |
Bybit CBRSUSDT
tradeXYZ xyz:CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bybit. 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
- −$91.63
- Price spread: −0.237% → −0.139%
- −$9.74
- Slippage, 4 orders
- −$33.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$164.26
- Costs to cover
- 0.629%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; tradeXYZ: live order book, 12 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 Bybit live order book, 4 min ago | 3.62 bp | 17.3 bp −$17 | 99.1 bp −$991 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 12 min ago | 0.73 bp | 11.6 bp −$12 | doesn't fit | 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 | −0.0598% | 8h | 206.96 | −0.010% | $2.4M | $2.5M | 20x | as long as short |
| edgeX CBRSUSDC | −0.0495% | 4h | 206.88 | −0.049% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRSshort | −0.0100% | 1h | 206.49 | −0.237% | $42.2M | $4.0M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 207.01 | +0.014% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.92 | −0.029% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.62 | −0.174% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.36 | +0.184% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.83 | −0.072% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0015% | 1h | 206.55 | −0.208% | — | $107K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 206.77 | −0.101% | $1.1M | $3.1M | 10x | as long as short |
Bitget CBRSUSDT
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
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 | +0.0032% | 1h | 206.74 | −0.116% | $90K | $887K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.59 | −0.188% | $51K | $1.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0092% | 8h | 206.91 | −0.032% | $417K | $96K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.63 | −0.169% | $115K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.59 | −0.188% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.93 | −0.024% | $818 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.94 | −0.017% | $240 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0156% | 8h | 206.93 | −0.022% | $10.1M | $30.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0160% | 1h | 206.85 | −0.061% | $44K | $389K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0168% | 8h | 206.94 | −0.019% | $145K | $70K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0195% | 8h | 206.90 | −0.038% | $557 | $214K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0209% | 1h | 206.81 | −0.082% | $336K | $719K | 10x | as long as short |
| Bybit CBRSUSDTlong | +0.0336% | 8h | 206.98 | long leg | $2.1M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0359% | 8h | 207.20 | +0.106% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +1.590% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1105% | 1h | 206.90 | −0.039% | $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
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Ondo Perps CBRS-USD.P
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL