Funding you earn now, next payment 02:00 UTC−0.0252%/8h= −27.6% APRpaid last 24h −0.011%
Price spread now: KuCoin against Extended−0.037%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$423as in the Funding arb table
Net, price: spread back to 7d avg − costs−$439as in the Price arb table
costs, in and out, $10k−$4344.341% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.037%, 7d avg +0.007%
=Together, before fees+0.205%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.045% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.007%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.108%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% 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 | Extended CBRS_24_5-USD | 208.89 | 0.0352 | pay 0.0044% / 1h | 33m 57s | $46K | $268K | 10x |
| Short | KuCoin CBRSUSDTM | 208.81 | 0.0100 | get 0.0100% / 8h | 6h 33m | $114K | $121K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- −$52.92
- Price spread: −0.037% → +0.007%
- −$4.46
- Slippage, 4 orders
- −$417.13
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$491.51
- Costs to cover
- 4.341%
- Break-even
- never at this rate
Slippage from Extended: live order book, 33 min ago; KuCoin: live order book, 70 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 Extended live order book, 33 min ago | 2.38 bp | 15.8 bp −$16 | 124.5 bp −$1,245 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 70 min ago | 9.76 bp | 172.8 bp −$173 | doesn't fit | doesn't fit | doesn't fit |
CBRS on 25 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 | −0.0295% | 1h | 208.70 | −0.090% | $42.7M | $3.5M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.215% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.85 | −0.019% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.05 | +0.077% | $2.1M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.00 | +0.053% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.00 | +0.053% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.94 | +0.025% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.17 | +0.133% | $456 | $208K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.25 | +0.173% | $1K | $3.1M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.12 | +0.111% | $9K | $9K | 20x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.69 | −0.095% | — | $97K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.59 | −0.143% | $90K | $846K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 208.86 | −0.014% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.10 | +0.101% | $1K | $109K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0046% | 1h | 208.68 | −0.100% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.96 | +0.034% | $339K | $890K | 10x | as long as short |
| KuCoin CBRSUSDTMshort | +0.0100% | 8h | 208.81 | −0.037% | $114K | $121K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.10 | +0.101% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.85 | −0.018% | $858 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.90 | +0.007% | $242 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0327% | 8h | 208.98 | +0.045% | $422K | $234K | — | as long as short |
| Extended CBRS_24_5-USDlong | +0.0352% | 1h | 208.89 | long leg | $46K | $268K | 10x | |
| Binance CBRSUSDT | +0.0352% | 8h | 208.95 | +0.030% | $10.2M | $29.7M | 25x | as long as short |
| edgeX CBRSUSDC | +0.0864% | 4h | 209.09 | +0.097% | $24K | $219K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1188% | 1h | 208.92 | +0.015% | $12K | $5K | 10x | as long as short |
Extended CBRS_24_5-USD
KuCoin CBRSUSDTM
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USD
ApeX Omni CBRSUSDT
Variational Omni CBRS
Binance CBRSUSDT
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL