Funding you earn now, next payment 07:00 UTC+0.0301%/8h= +33.0% APRpaid last 24h −0.118%
Price spread now: Bybit against Deribit+0.039%45s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bybit is 0.039% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 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 | Deribit CBRS_USDC-PERPETUAL | 206.09 | 0 | get 0.0000% / 1h | 10m 30s | $12K | $5K | 10x |
| Short | Bybit CBRSUSDT | 206.17 | 0.0301 | get 0.0301% / 8h | 1h 10m | $2.1M | $2.0M | 25x |
Deribit CBRS_USDC-PERPETUAL
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Deribit. 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
- $63.31
- Price spread: +0.039% → 0.000%
- $3.88
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $49.19
- Costs to cover
- 0.180%
- Break-even
- 1.6 days
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 3.64 bp | 18.0 bp −$18 | 130.3 bp −$1,303 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0580% | 8h | 206.11 | +0.010% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0194% | 1h | 205.79 | −0.146% | $42.1M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.20 | +0.053% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.14 | +0.024% | $2.2M | $3.4M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.44 | +0.170% | $964 | $2.8M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUALlong | 0.0000% | 1h | 206.09 | long leg | $12K | $5K | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 206.15 | +0.029% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0021% | 1h | 205.62 | −0.228% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.02 | −0.034% | $91K | $902K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 205.95 | −0.068% | $1K | $108K | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.83 | −0.126% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.03 | −0.029% | $335K | $718K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 205.94 | −0.073% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0085% | 8h | 206.12 | +0.013% | $401K | $97K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.03 | −0.029% | $113K | $108K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.96 | −0.063% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.07 | −0.010% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.13 | +0.019% | $239 | — | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 206.05 | −0.019% | $46K | $391K | 10x | as long as short |
| Binance CBRSUSDT | +0.0137% | 8h | 206.11 | +0.010% | $10.1M | $30.5M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0137% | 8h | 206.14 | +0.024% | $146K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0213% | 8h | 206.12 | +0.015% | $903 | $218K | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0301% | 8h | 206.17 | +0.039% | $2.1M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0394% | 8h | 206.30 | +0.102% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +2.028% | $115K | $116K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0809% | 4h | 206.09 | +0.002% | $23K | $220K | 10x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC