Funding you earn now, next payment 08:00 UTC−0.0649%/8h= −71.1% APRnext payment −$6.49 per $10,000 · paid last 24h −0.004%
Price spread now: Bitget against OKX−0.010%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$710.712% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 7 days−0.003%$0 · spread now −0.010%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Bitget is 0.031% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.035% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.49 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 | OKX CBRS-USDT-SWAP | 206.26 | 0 | get 0.0000% / 8h | 1h 23m | $2.2M | $3.4M | 25x |
| Short | Bitget CBRSUSDT | 206.24 | −0.0649 | pay 0.0649% / 8h | 1h 23m | $2.4M | $2.5M | 20x |
OKX CBRS-USDT-SWAP
Bitget CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- −$136.29
- Price spread: −0.010% → +0.021%
- −$3.11
- Slippage, 4 orders
- −$49.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$210.6
- Costs to cover
- 0.712%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 4 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 OKX live order book, 4 min ago | 2.19 bp | 17.0 bp −$17 | 61.2 bp −$612 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.92 bp | 16.4 bp −$16 | 31.8 bp −$318 | 80.7 bp −$8,073 | 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 CBRSUSDTshort | −0.0649% | 8h | 206.24 | −0.010% | $2.4M | $2.5M | 20x | |
| tradeXYZ xyz:CBRS | −0.0199% | 1h | 205.94 | −0.155% | $42.2M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.03 | −0.111% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAPlong | 0.0000% | 8h | 206.26 | long leg | $2.2M | $3.4M | 25x | |
| SunX CBRS-USDT | 0.0000% | 8h | 206.27 | +0.005% | $2K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.97 | −0.141% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 205.72 | −0.262% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.92 | −0.165% | $91K | $896K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 205.44 | −0.398% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.78 | −0.233% | $51K | $1.1M | 10x | as long as short |
tradeXYZ xyz:CBRS
Aster CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.79 | −0.228% | $335K | $717K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 205.99 | −0.131% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0082% | 8h | 205.90 | −0.175% | $401K | $101K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.85 | −0.199% | $113K | $109K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.50 | −0.368% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.90 | −0.175% | $814 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.98 | −0.134% | $239 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0141% | 8h | 206.13 | −0.063% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 206.09 | −0.083% | $46K | $391K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0163% | 8h | 205.97 | −0.141% | $147K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0210% | 8h | 205.76 | −0.241% | $514 | $216K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0341% | 8h | 205.89 | −0.179% | $2.1M | $2.0M | 25x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0382% | 1h | 205.96 | −0.145% | $12K | $5K | 10x | as long as short |
| Gate CBRS_USDT | +0.0382% | 8h | 206.30 | +0.019% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +1.944% | $115K | $116K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0645% | 4h | 205.70 | −0.270% | $23K | $220K | 10x | as long as short |
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC