Funding you earn now, next payment 08:00 UTC+0.0385%/8h= +42.2% APRnext payment +$3.85 per $10,000 · paid last 24h +0.028%
Price spread now: Gate against OKX−0.024%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1111.110% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.024%, 7d avg +0.049%
=Funding pays, the price is against you. Gate is 0.074% cheaper against OKX than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.049%). If the spread goes back, that is −$7 on $10k: about 15 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.083% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.85 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 | 206.45 | 0 | get 0.0000% / 8h | 1h 17m | $2.2M | $3.4M | 25x |
| Short | Gate CBRS_USDT | 206.40 | 0.0385 | get 0.0385% / 8h | 1h 17m | $2.9M | $3.0M | 50x |
OKX CBRS-USDT-SWAP
Gate CBRS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $80.85
- Price spread: −0.024% → +0.049%
- −$7.36
- Slippage, 4 orders
- −$86.03
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$37.54
- Costs to cover
- 1.110%
- Break-even
- 10.3 days
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago | 0.49 bp | 17.3 bp −$17 | 70.2 bp −$702 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.42 bp | 30.1 bp −$30 | 76.0 bp −$760 | 253.5 bp −$25.3K | 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 | −0.0609% | 8h | 206.43 | −0.010% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0180% | 1h | 206.07 | −0.184% | $42.2M | $4.1M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.32 | −0.063% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAPlong | 0.0000% | 8h | 206.45 | long leg | $2.2M | $3.4M | 25x | |
| SunX CBRS-USDT | 0.0000% | 8h | 206.42 | −0.015% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.29 | −0.078% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 206.09 | −0.174% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.09 | −0.174% | $91K | $898K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 205.86 | −0.286% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.17 | −0.136% | $51K | $1.1M | 10x | as long as short |
Bitget CBRSUSDT
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 | 206.31 | −0.068% | $336K | $719K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0073% | 4h | 206.16 | −0.141% | $23K | $221K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 206.30 | −0.073% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0095% | 8h | 206.14 | −0.151% | $401K | $100K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.21 | −0.116% | $114K | $109K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.12 | −0.160% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.27 | −0.087% | $816 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.26 | −0.093% | $239 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0142% | 8h | 206.42 | −0.015% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 206.37 | −0.040% | $46K | $391K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0176% | 8h | 206.23 | −0.107% | $147K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0217% | 8h | 206.18 | −0.130% | $449 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0324% | 8h | 206.35 | −0.048% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDTshort | +0.0385% | 8h | 206.40 | −0.024% | $2.9M | $3.0M | 50x | |
| Deribit CBRS_USDC-PERPETUAL | +0.0575% | 1h | 206.22 | −0.111% | $12K | $5K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +1.850% | $115K | $116K | 10x | as long as short |
Ondo Perps CBRS-USD.P
edgeX CBRSUSDC
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
Coinbase International CBRS-PERP-INTX