Funding you earn now, next payment 22:00 UTC−0.0294%/8h= −32.2% APRpaid last 24h +0.094%
Price spread now: Phoenix against edgeX−0.148%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1011.014% of the position
Funding, last 7 days+0.302%+$30 on $10k
+Price spread, last 3 days (all we have)+0.265%+$26 · spread now −0.148%, 7d avg −0.046%
=Together, before fees+0.566%+ Points / potential airdropedgeX: Active · farm board+$57 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Phoenix is 0.102% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.046%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.302%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CBRSUSDC | 209.34 | 0.0294 | pay 0.0147% / 4h | 1h 26m | $24K | $219K | 10x |
| Short | Phoenix CBRS | 209.03 | 0 | get 0.0000% / 1h | 26m 24s | $1K | $112K | 10x |
edgeX CBRSUSDC
Phoenix CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against edgeX. 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
- −$61.81
- Price spread: −0.148% → −0.046%
- −$10.2
- Slippage, 4 orders
- −$85.35
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$173.37
- Costs to cover
- 1.014%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 56 min ago; Phoenix: live order book, 48 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 edgeX live order book, 56 min ago | 5.99 bp | 11.1 bp −$11 | 17.0 bp −$170 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 48 min ago | 10.56 bp | 40.4 bp −$40 | 102.7 bp −$1,027 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0049% | 1h | 209.10 | −0.115% | $42.8M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0008% | 1h | 208.44 | −0.430% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.10 | −0.117% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.36 | +0.009% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.34 | 0.000% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.40 | +0.028% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.25 | −0.043% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRSshort | 0.0000% | 1h | 209.03 | −0.148% | $1K | $112K | 10x | |
| SunX CBRS-USDT | 0.0000% | 8h | 209.50 | +0.076% | $832 | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.44 | +0.047% | $9K | $6K | 20x | as long as short |
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0021% | 1h | 209.07 | −0.129% | — | $90K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 209.28 | −0.029% | $1.1M | $3.3M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.18 | −0.077% | $91K | $891K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.19 | −0.072% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.25 | −0.043% | $349K | $915K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.11 | −0.110% | $143K | $96K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.85 | −0.234% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.32 | −0.010% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.40 | +0.030% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0171% | 8h | 209.33 | −0.006% | $422K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0230% | 8h | 209.50 | +0.076% | $146K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0240% | 1h | 209.29 | −0.023% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0248% | 8h | 209.36 | +0.009% | $10.3M | $30.3M | 25x | as long as short |
| edgeX CBRSUSDClong | +0.0294% | 4h | 209.34 | long leg | $24K | $219K | 10x | |
| GRVT CBRS_USDT_Perp | +0.0396% | 8h | 209.34 | −0.003% | $682 | $233K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1281% | 1h | 209.36 | +0.009% | $12K | $52K | 10x | as long as short |
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
Deribit CBRS_USDC-PERPETUAL