Funding you earn now, next payment 12:00 UTC+0.0606%/8h= +66.3% APRpaid last 24h +0.062%
Price spread now: SunX against edgeX+0.329%74s7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1611.608% of the position
Funding, last 7 days+0.274%+$27 on $10k
+Price spread, last 4 days (all we have)−0.318%−$32 · spread now +0.329%, 7d avg +0.108%
=Together, before fees−0.045%+ Points / potential airdropedgeX: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and SunX is 0.222% dearer against edgeX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.108%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.274% in total (about 14.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CBRSUSDC | 207.29 | −0.0606 | get 0.0303% / 4h | 1h 54m | $23K | $221K | 10x |
| Short | SunX CBRS-USDT | 207.97 | 0 | get 0.0000% / 8h | 5h 54m | $1K | $2.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $127.16
- Price spread: +0.329% → +0.108%
- $22.16
- Slippage, 4 orders
- −$143.76
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$11.44
- Costs to cover
- 1.608%
- Break-even
- 7.6 days
Slippage from edgeX: live order book, 56 min ago; SunX: live order book, 7 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 | 8.27 bp | 19.6 bp −$20 | 25.3 bp −$253 | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDClong | −0.0606% | 4h | 207.29 | long leg | $23K | $221K | 10x | |
| tradeXYZ xyz:CBRS | −0.0259% | 1h | 207.42 | +0.064% | $42.5M | $4.1M | 10x | as long as short |
| Phoenix CBRS | −0.0116% | 1h | 207.16 | −0.061% | $1K | $109K | 10x | as long as short |
| QFEX CBRS-USD | −0.0009% | 1h | 207.63 | +0.165% | $1.1M | $3.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.26 | −0.014% | $65K | $148K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 207.53 | +0.117% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.66 | +0.180% | $2.2M | $3.4M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 207.67 | +0.185% | $2.3M | $2.8M | 20x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 207.39 | +0.048% | $398K | $101K | — | as long as short |
| SunX CBRS-USDTshort | 0.0000% | 8h | 207.97 | +0.329% | $1K | $2.5M | 10x |
Show all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 207.50 | +0.103% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.42 | +0.064% | $9K | $10K | 20x | as long as short |
| Lighter CBRS | +0.0016% | 1h | 207.37 | +0.040% | $90K | $1.2M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 207.38 | +0.045% | — | $105K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0021% | 8h | 207.50 | +0.103% | $149K | $73K | 20x | as long as short |
| Binance CBRSUSDT | +0.0039% | 8h | 207.67 | +0.183% | $10.2M | $32.8M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0040% | 1h | 207.50 | +0.103% | $44K | $386K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.42 | +0.064% | $51K | $465K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 207.43 | +0.069% | $333K | $726K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.49 | +0.098% | $821 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.37 | +0.040% | $114K | $256K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.23 | −0.028% | $24K | $139K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.46 | +0.085% | $241 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0320% | 1h | 210.27 | +1.439% | $115K | $107K | 10x | as long as short |
| Gate CBRS_USDT | +0.0348% | 8h | 207.70 | +0.199% | $2.9M | $3.3M | 50x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0510% | 8h | 207.34 | +0.023% | $518 | $227K | 10x | as long as short |
edgeX CBRSUSDC
SunX CBRS-USDT
tradeXYZ xyz:CBRS
Phoenix CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Variational Omni CBRS
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Lighter CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Coinbase International CBRS-PERP-INTX
Gate CBRS_USDT
GRVT CBRS_USDT_Perp