Funding you earn now, next payment 05:00 UTC−0.0063%/8h= −6.9% APRpaid last 24h −0.009%
Price spread now: Bitget against QFEX+0.005%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 4 days (all we have)+0.001%$0 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now +0.005%, 7d avg +0.037%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.032% cheaper against QFEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CBRS-USD | 208.70 | 0.0063 | pay 0.0008% / 1h | 45m 18s | $1.1M | $3.1M | 10x |
| Short | Bitget CBRSUSDT | 208.71 | 0 | get 0.0000% / 8h | 3h 45m | $2.4M | $2.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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
- −$13.24
- Price spread: +0.005% → +0.037%
- −$3.21
- Slippage, 4 orders
- −$22.36
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$60.81
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 7 min ago; Bitget: live order book, 2 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 QFEX live order book, 7 min ago | 1.19 bp | 7.1 bp −$7 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.11 bp | 15.2 bp −$15 | 33.8 bp −$338 | 79.4 bp −$7,936 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0343% | 1h | 208.42 | −0.134% | $42.6M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.74 | +0.020% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.70 | 0.000% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDTshort | 0.0000% | 8h | 208.71 | +0.005% | $2.4M | $2.7M | 20x | |
| SunX CBRS-USDT | 0.0000% | 8h | 209.17 | +0.225% | $757 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.73 | +0.014% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 208.39 | −0.149% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.65 | −0.024% | $90K | $840K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0038% | 1h | 208.73 | +0.014% | $12K | $5K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.06 | +0.172% | $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 | 208.49 | −0.101% | $53K | $1.1M | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0052% | 8h | 208.97 | +0.130% | $619 | $209K | 10x | as long as short |
| QFEX CBRS-USDlong | +0.0063% | 1h | 208.70 | long leg | $1.1M | $3.1M | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.77 | +0.034% | $114K | $113K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.99 | +0.139% | $24K | $141K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.70 | 0.000% | $825 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.72 | +0.009% | $242 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0107% | 8h | 208.90 | +0.095% | $421K | $89K | — | as long as short |
| Ondo Perps CBRS-USD.P | +0.0126% | 1h | 208.91 | +0.101% | $339K | $719K | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0168% | 1h | 208.69 | −0.004% | $49K | $263K | 10x | as long as short |
| Binance CBRSUSDT | +0.0169% | 8h | 208.75 | +0.024% | $10.1M | $29.5M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0185% | 8h | 208.74 | +0.019% | $147K | $69K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +0.752% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0381% | 8h | 208.84 | +0.067% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0390% | 8h | 208.90 | +0.096% | $2.9M | $2.9M | 50x | as long as short |
| edgeX CBRSUSDC | +0.0746% | 4h | 208.95 | +0.120% | $24K | $221K | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Deribit CBRS_USDC-PERPETUAL
Phoenix CBRS
Polymarket Perps CBRS-USD
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT
edgeX CBRSUSDC