Funding you earn now, next payment 16:00 UTC−0.0474%/8h= −51.9% APRnext payment −$4.74 per $10,000 · paid last 24h −0.066%
Price spread now: SunX against GRVT+0.187%74s7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as 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−$1481.484% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)−0.188%−$19 · spread now +0.187%, 7d avg +0.091%
=Together, before fees−0.376%+ Points / potential airdropGRVT: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.096% dearer against GRVT than usual: you sell high and buy low (spread +0.187% now, against its 7-day average of +0.091%): +$10 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.189% in total) that is about 3.6 days. 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 -0.189% in total (about -9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.74 per $10,000. 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 | GRVT CBRS_USDT_Perp | 206.93 | 0.0474 | pay 0.0474% / 8h | 6h 00m | $521 | $226K | 10x |
| Short | SunX CBRS-USDT | 207.32 | 0 | get 0.0000% / 8h | 6h 00m | $1K | $2.5M | 10x |
GRVT CBRS_USDT_Perp
SunX CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against GRVT. 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
- −$99.54
- Price spread: +0.187% → +0.091%
- $9.63
- Slippage, 4 orders
- −$131.38
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$238.29
- Costs to cover
- 1.484%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 50 min ago; SunX: live order book, 10 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 GRVT live order book, 50 min ago | 1.70 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 30.01 bp | 79.7 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 CBRSUSDC | −0.0774% | 4h | 207.08 | +0.069% | $23K | $222K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0528% | 1h | 207.03 | +0.047% | $42.4M | $4.1M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0329% | 1h | 207.13 | +0.095% | $12K | $5K | 10x | as long as short |
| Phoenix CBRS | −0.0116% | 1h | 206.94 | +0.003% | $1K | $109K | 10x | as long as short |
| Lighter CBRS | −0.0040% | 1h | 207.04 | +0.052% | $90K | $1.2M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.98 | +0.024% | $65K | $148K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 207.28 | +0.168% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.31 | +0.182% | $2.2M | $3.4M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 207.22 | +0.139% | $2.3M | $2.8M | 20x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 207.12 | +0.091% | $398K | $101K | — | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Deribit CBRS_USDC-PERPETUAL
Phoenix CBRS
Lighter CBRS
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX CBRS-USDTshort | 0.0000% | 8h | 207.32 | +0.187% | $1K | $2.5M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 207.23 | +0.143% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 206.84 | −0.045% | — | $105K | 10x | as long as short |
| Binance CBRSUSDT | +0.0029% | 8h | 207.19 | +0.123% | $10.2M | $32.8M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0032% | 1h | 207.15 | +0.107% | $44K | $386K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0046% | 8h | 207.17 | +0.114% | $148K | $73K | 20x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.27 | +0.163% | $51K | $465K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.92 | −0.006% | $332K | $729K | 10x | as long as short |
| QFEX CBRS-USD | +0.0066% | 1h | 207.12 | +0.090% | $1.1M | $3.0M | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.21 | +0.134% | $820 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.14 | +0.100% | $113K | $250K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.62 | −0.151% | $24K | $138K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.08 | +0.071% | $240 | — | 10x | as long as short |
| Gate CBRS_USDT | +0.0343% | 8h | 207.50 | +0.274% | $2.9M | $3.3M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0400% | 1h | 210.27 | +1.613% | $115K | $107K | 10x | as long as short |
| GRVT CBRS_USDT_Perplong | +0.0474% | 8h | 206.93 | long leg | $521 | $226K | 10x |
HTX CBRS-USDT
Vest CBRS-USD-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX