Funding you earn now, next payment 10:00 UTC−0.0320%/8h= −35.0% APRpaid last 24h −0.062%
Price spread now: SunX against Coinbase International−1.279%7-day average +0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$296as in the Price arb table
costs, in and out, $10k−$1601.597% of the position
Funding, last 7 days−0.337%−$34 on $10k
+Price spread, last 4 days (all we have)+1.448%+$145 · spread now −1.279%, 7d avg +0.085%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 1.364% cheaper against Coinbase International than usual: you would sell low and buy high (−$136 if the spread goes back to its 7-day average of +0.085%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0320 | pay 0.0040% / 1h | 56m 43s | $115K | $107K | 10x |
| Short | SunX CBRS-USDT | 207.58 | 0 | get 0.0000% / 8h | 5h 56m | $1K | $2.5M | 10x |
Coinbase International CBRS-PERP-INTX
SunX CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Coinbase International. 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
- −$67.2
- Price spread: −1.279% → +0.085%
- −$136.43
- Slippage, 4 orders
- −$141.72
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$363.35
- Costs to cover
- 1.597%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 54 min ago; SunX: 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 Coinbase International live order book, 54 min ago | 9.72 bp | 15.3 bp −$15 | 27.5 bp −$275 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 29.87 bp | 79.6 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
CBRS on 26 exchanges
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 | −0.0327% | 1h | 207.27 | −1.427% | $42.5M | $4.1M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0263% | 4h | 207.06 | −1.525% | $23K | $222K | 10x | as long as short |
| Phoenix CBRS | −0.0116% | 1h | 207.16 | −1.479% | $1K | $109K | 10x | as long as short |
| QFEX CBRS-USD | −0.0009% | 1h | 207.28 | −1.422% | $1.1M | $3.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.21 | −1.455% | $65K | $148K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 207.52 | −1.308% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.47 | −1.332% | $2.2M | $3.4M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 207.46 | −1.336% | $2.3M | $2.8M | 20x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 207.12 | −1.497% | $398K | $101K | — | as long as short |
| SunX CBRS-USDTshort | 0.0000% | 8h | 207.58 | −1.279% | $1K | $2.5M | 10x |
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Phoenix CBRS
QFEX CBRS-USD
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Variational Omni CBRSShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 207.31 | −1.408% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.23 | −1.446% | $9K | $10K | 20x | as long as short |
| Lighter CBRS | +0.0008% | 1h | 207.30 | −1.412% | $90K | $1.2M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 207.12 | −1.498% | — | $105K | 10x | as long as short |
| Binance CBRSUSDT | +0.0038% | 8h | 207.44 | −1.346% | $10.2M | $32.8M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0040% | 1h | 207.37 | −1.378% | $44K | $386K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.42 | −1.355% | $51K | $465K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 207.12 | −1.498% | $333K | $729K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0051% | 8h | 207.37 | −1.379% | $149K | $73K | 20x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.28 | −1.422% | $820 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.33 | −1.398% | $113K | $255K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.23 | −1.446% | $24K | $139K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.30 | −1.415% | $240 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXlong | +0.0320% | 1h | 210.27 | long leg | $115K | $107K | 10x | |
| Gate CBRS_USDT | +0.0342% | 8h | 207.50 | −1.317% | $2.9M | $3.3M | 50x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0494% | 8h | 207.29 | −1.417% | $377 | $227K | 10x | as long as short |
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Lighter CBRS
Vest CBRS-USD-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
BloFin CBRS-USDT
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Gate CBRS_USDT
GRVT CBRS_USDT_Perp