Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.011%
Price spread now: ApeX Omni against Gate−0.477%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1251.251% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)+0.347%+$35 · spread now −0.477%, 7d avg −0.034%
=Funding pays, the price is against you. ApeX Omni is 0.443% cheaper against Gate than usual: you would sell low and buy high (spread −0.477% now, against its 7-day average of −0.034%). If the spread goes back, that is −$44 on $10k: about 15 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.061% in total) that is about 51 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CBRS_USDT | 205.30 | 0 | get 0.0000% / 8h | 7h 21m | $2.9M | $3.1M | 50x |
| Short | ApeX Omni CBRSUSDT | 204.32 | 0.0100 | get 0.0013% / 1h | 21m 04s | $24K | $137K | 50x |
Gate CBRS_USDT
ApeX Omni CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Gate. 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
- $21
- Price spread: −0.477% → −0.034%
- −$44.29
- Slippage, 4 orders
- −$100.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$148.35
- Costs to cover
- 1.251%
- Break-even
- 56.4 days
Slippage from Gate: live order book, 2 min ago; ApeX Omni: live order book, 10 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 Gate live order book, 2 min ago | 2.44 bp | 34.6 bp −$35 | 43.2 bp −$432 | 53.9 bp −$5,390 | doesn't fit |
| Sell ApeX Omni live order book, 10 min ago | 24.52 bp | 37.1 bp −$37 | 193.4 bp −$1,934 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT CBRS_USDT_Perp | −0.0455% | 8h | 204.29 | −0.492% | $223 | $217K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0258% | 8h | 205.24 | −0.029% | $2.4M | $2.6M | 20x | as long as short |
| Lighter CBRS | −0.0088% | 1h | 205.20 | −0.049% | $92K | $1.1M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0042% | 1h | 205.23 | −0.034% | $12K | $5K | 10x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 203.48 | −0.887% | $1K | $108K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | −0.0026% | 1h | 205.11 | −0.093% | $332K | $717K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0006% | 8h | 205.13 | −0.083% | $148K | $71K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.24 | −0.028% | $65K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 205.23 | −0.034% | $46K | $383K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 205.28 | −0.010% | $10.1M | $31.8M | 25x | as long as short |
GRVT CBRS_USDT_Perp
Bitget CBRSUSDT
Lighter CBRS
Deribit CBRS_USDC-PERPETUAL
Phoenix CBRS
Ondo Perps CBRS-USD.P
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CBRSUSDT | 0.0000% | 8h | 205.41 | +0.054% | $2.1M | $2.1M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.36 | +0.029% | $2.2M | $3.5M | 25x | as long as short |
| Gate CBRS_USDTlong | 0.0000% | 8h | 205.30 | long leg | $2.9M | $3.1M | 50x | |
| Variational Omni CBRS | 0.0000% | 8h | 203.38 | −0.935% | $389K | $98K | — | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.56 | +0.127% | $1K | $2.7M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 204.42 | −0.429% | $9K | $10K | 20x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 205.16 | −0.068% | $1.1M | $3.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 204.88 | −0.205% | — | $106K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0043% | 1h | 205.24 | −0.029% | $42.0M | $4.0M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.51 | +0.102% | $50K | $471K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.23 | −0.034% | $812 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.33 | +0.015% | $112K | $162K | 20x | as long as short |
| ApeX Omni CBRSUSDTshort | +0.0100% | 1h | 204.32 | −0.477% | $24K | $137K | 50x | |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.25 | −0.023% | $238 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +2.421% | $115K | $108K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0695% | 4h | 204.27 | −0.501% | $23K | $221K | 10x | as long as short |
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Variational Omni CBRS
SunX CBRS-USDT
HTX CBRS-USDT
QFEX CBRS-USD
Vest CBRS-USD-PERP
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC