Funding you earn now, next payment 08:00 UTC−0.0305%/8h= −33.4% APRpaid last 24h +0.020%
Price spread now: Extended against Gate−0.065%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1011.006% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.065%, 7d avg −0.034%
=Together, before fees−0.002%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Extended is 0.031% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.017% in total (about 0.9% 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 | Gate CBRS_USDT | 206.20 | 0.0393 | pay 0.0393% / 8h | 36m 04s | $2.9M | $3.0M | 50x |
| Short | Extended CBRS_24_5-USD | 206.07 | 0.0088 | get 0.0011% / 1h | 36m 04s | $44K | $388K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$64.05
- Price spread: −0.065% → −0.034%
- −$3.14
- Slippage, 4 orders
- −$80.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$167.75
- Costs to cover
- 1.006%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Extended: live order book, 1 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 | 4.84 bp | 27.5 bp −$27 | 48.7 bp −$487 | 62.7 bp −$6,274 | doesn't fit |
| Sell Extended live order book, 1 min ago | 3.16 bp | 17.1 bp −$17 | 151.4 bp −$1,514 | 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 | −0.0452% | 8h | 206.06 | −0.068% | $2.4M | $2.5M | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0138% | 1h | 206.04 | −0.078% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0133% | 1h | 205.84 | −0.175% | $42.2M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.21 | +0.004% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.96 | −0.116% | $2.2M | $3.4M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.06 | −0.068% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.59 | +0.189% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.26 | +0.029% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0024% | 1h | 205.75 | −0.218% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.09 | −0.053% | $92K | $912K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CBRS | +0.0035% | 8h | 206.29 | +0.046% | $402K | $91K | — | as long as short |
| QFEX CBRS-USD | +0.0050% | 1h | 206.01 | −0.092% | $1.1M | $3.0M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.87 | −0.160% | $50K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.97 | −0.112% | $335K | $716K | 10x | as long as short |
| Binance CBRSUSDT | +0.0087% | 8h | 206.06 | −0.069% | $10.1M | $30.6M | 25x | as long as short |
| Extended CBRS_24_5-USDshort | +0.0088% | 1h | 206.07 | −0.065% | $44K | $388K | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.13 | −0.034% | $113K | $105K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.19 | −0.005% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.16 | −0.019% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.12 | −0.039% | $239 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0108% | 8h | 206.13 | −0.034% | $146K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0156% | 8h | 206.26 | +0.029% | $635 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0247% | 8h | 206.12 | −0.039% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDTlong | +0.0393% | 8h | 206.20 | long leg | $2.9M | $3.0M | 50x | |
| edgeX CBRSUSDC | +0.0490% | 4h | 206.21 | +0.006% | $23K | $220K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +1.974% | $115K | $112K | 10x | as long as short |
Gate CBRS_USDT
Extended CBRS_24_5-USD
Bitget CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Variational Omni CBRS
Polymarket Perps CBRS-USD
Binance CBRSUSDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTX