Funding you earn now, next payment 08:00 UTC+0.0254%/8h= +27.8% APRnext payment +$2.54 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.019%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$417as in the Funding arb table
Net, price: spread back to 7d avg − costs−$401as in the Price arb table
costs, in and out, $10k−$4024.018% of the position
Funding, last 7 days−0.155%−$15 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.019%, 7d avg +0.013%
=The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.155%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.155% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.54 per $10,000. 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 | KuCoin CBRSUSDTM | 207.37 | 0.0100 | pay 0.0100% / 8h | 3h 13m | $115K | $112K | 20x |
| Short | Bybit CBRSUSDT | 207.41 | 0.0354 | get 0.0354% / 8h | 3h 13m | $2.1M | $2.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- $53.41
- Price spread: +0.019% → +0.013%
- $0.63
- Slippage, 4 orders
- −$378.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$347.72
- Costs to cover
- 4.018%
- Break-even
- 52.6 days
Slippage from KuCoin: live order book, 50 min ago; Bybit: live order book, 3 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 KuCoin live order book, 50 min ago | 11.92 bp | 213.3 bp −$213 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.13 bp | 18.3 bp −$18 | 123.8 bp −$1,238 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0682% | 4h | 207.33 | −0.021% | $23K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0342% | 1h | 206.99 | −0.183% | $42.3M | $3.7M | 10x | as long as short |
| Bitget CBRSUSDT | −0.0036% | 8h | 207.47 | +0.048% | $2.4M | $2.4M | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.24 | −0.064% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.44 | +0.034% | $2.2M | $3.5M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.66 | +0.140% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.37 | 0.000% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 207.02 | −0.169% | — | $101K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 207.26 | −0.053% | $89K | $864K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 207.23 | −0.068% | $1K | $108K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.11 | −0.125% | $51K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 207.29 | −0.039% | $1.1M | $3.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0065% | 8h | 207.38 | +0.004% | $418K | $82K | — | as long as short |
| Ondo Perps CBRS-USD.P | +0.0071% | 1h | 207.32 | −0.024% | $336K | $719K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0073% | 8h | 207.31 | −0.029% | $1K | $212K | 10x | as long as short |
| KuCoin CBRSUSDTMlong | +0.0100% | 8h | 207.37 | long leg | $115K | $112K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.37 | 0.000% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.29 | −0.039% | $820 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.32 | −0.026% | $240 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0135% | 8h | 207.36 | −0.005% | $10.1M | $29.7M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 207.31 | −0.029% | $48K | $258K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0150% | 8h | 207.42 | +0.024% | $147K | $69K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.398% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0354% | 8h | 207.41 | +0.019% | $2.1M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0356% | 8h | 207.50 | +0.063% | $2.8M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1344% | 1h | 207.35 | −0.010% | $12K | $5K | 10x | as long as short |
KuCoin CBRSUSDTM
Bybit CBRSUSDT
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Bitget CBRSUSDT
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USD
Variational Omni CBRS
GRVT CBRS_USDT_Perp
ApeX Omni CBRSUSDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTX
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL