Funding you earn now, next payment 08:00 UTC−0.0344%/8h= −37.7% APRnext payment −$3.44 per $10,000 · paid last 24h −0.032%
Price spread now: SunX against Gate+0.145%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1661.661% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.145%, 7d avg +0.100%
=The price spread pays, funding is against you. SunX is 0.045% dearer against Gate than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of +0.100%): +$5 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.115% in total) that is about 2.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.115% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.44 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 | Gate CBRS_USDT | 206.60 | 0.0344 | pay 0.0344% / 8h | 2h 13m | $2.9M | $3.0M | 50x |
| Short | SunX CBRS-USDT | 206.90 | 0 | get 0.0000% / 8h | 2h 13m | $1K | $2.9M | 10x |
Gate CBRS_USDT
SunX CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Gate. 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
- −$72.24
- Price spread: +0.145% → +0.100%
- $4.52
- Slippage, 4 orders
- −$143.1
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$233.82
- Costs to cover
- 1.661%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 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 Gate live order book, 5 min ago | 4.85 bp | 18.2 bp −$18 | 38.0 bp −$380 | 55.2 bp −$5,517 | doesn't fit |
| Sell SunX live order book, 4 min ago | 29.79 bp | 79.4 bp −$79 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0676% | 8h | 206.58 | −0.010% | $2.4M | $2.4M | 20x | as long as short |
| edgeX CBRSUSDC | −0.0224% | 4h | 205.92 | −0.327% | $23K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0164% | 1h | 206.08 | −0.252% | $42.1M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.36 | −0.114% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.68 | +0.039% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 205.97 | −0.305% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDTshort | 0.0000% | 8h | 206.90 | +0.145% | $1K | $2.9M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 206.19 | −0.198% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0015% | 1h | 205.94 | −0.319% | — | $107K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 206.40 | −0.097% | $1.1M | $3.1M | 10x | as long as short |
Bitget CBRSUSDT
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 206.09 | −0.247% | $90K | $887K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.23 | −0.179% | $51K | $1.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0077% | 8h | 205.97 | −0.304% | $401K | $82K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.18 | −0.203% | $114K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.80 | −0.387% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.27 | −0.160% | $816 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.29 | −0.151% | $239 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0112% | 8h | 206.51 | −0.044% | $146K | $70K | 20x | as long as short |
| Binance CBRSUSDT | +0.0133% | 8h | 206.57 | −0.017% | $10.1M | $30.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 206.45 | −0.071% | $44K | $389K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0170% | 1h | 206.06 | −0.261% | $335K | $716K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0171% | 8h | 206.01 | −0.286% | $554 | $214K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0307% | 8h | 206.63 | +0.015% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDTlong | +0.0344% | 8h | 206.60 | long leg | $2.9M | $3.0M | 50x | |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +1.776% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1643% | 1h | 206.44 | −0.077% | $12K | $5K | 10x | as long as short |
Lighter CBRS
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
Ondo Perps CBRS-USD.P
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL