Funding you earn now, next payment 06:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h −0.021%
Price spread now: QFEX against KuCoin+0.160%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$388as in the Price arb table
costs, in and out, $10k−$4014.008% of the position
Funding, last 4 days (all we have)−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.160%, 7d avg +0.028%
=The price spread pays, funding is against you. QFEX is 0.131% dearer against KuCoin than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.028%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CBRSUSDTM | 206.64 | 0.0100 | pay 0.0100% / 8h | 2h 05m | $115K | $111K | 20x |
| Short | QFEX CBRS-USD | 206.97 | 0.0024 | get 0.0003% / 1h | 5m 51s | $1.1M | $3.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against KuCoin. 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
- −$15.93
- Price spread: +0.160% → +0.028%
- $13.13
- Slippage, 4 orders
- −$378.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$403.56
- Costs to cover
- 4.008%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 43 min ago; QFEX: 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 KuCoin live order book, 43 min ago | 7.97 bp | 217.6 bp −$218 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.69 bp | 9.2 bp −$9 | 16.5 bp −$165 | 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 | −0.0584% | 8h | 207.06 | +0.203% | $2.4M | $2.5M | 20x | as long as short |
| edgeX CBRSUSDC | −0.0495% | 4h | 206.88 | +0.115% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0072% | 1h | 206.72 | +0.039% | $42.3M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.02 | +0.185% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.05 | +0.198% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.62 | −0.010% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.33 | +0.334% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.83 | +0.092% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0015% | 1h | 206.55 | −0.044% | — | $107K | 10x | as long as short |
| QFEX CBRS-USDshort | +0.0024% | 1h | 206.97 | +0.160% | $1.1M | $3.1M | 10x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 206.75 | +0.053% | $90K | $887K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.67 | +0.015% | $51K | $1.1M | 10x | as long as short |
| KuCoin CBRSUSDTMlong | +0.0100% | 8h | 206.64 | long leg | $115K | $111K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.59 | −0.024% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.96 | +0.155% | $819 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.97 | +0.161% | $240 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0110% | 8h | 207.01 | +0.181% | $418K | $95K | — | as long as short |
| Binance CBRSUSDT | +0.0160% | 8h | 207.03 | +0.189% | $10.1M | $30.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0160% | 1h | 206.99 | +0.168% | $44K | $389K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0168% | 8h | 206.94 | +0.145% | $145K | $70K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0195% | 8h | 206.90 | +0.127% | $557 | $214K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0218% | 1h | 206.93 | +0.140% | $336K | $720K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0345% | 8h | 207.08 | +0.213% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0364% | 8h | 207.20 | +0.271% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +1.757% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1444% | 1h | 206.97 | +0.160% | $12K | $5K | 10x | as long as short |
KuCoin CBRSUSDTM
Bitget CBRSUSDT
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Polymarket Perps CBRS-USD
ApeX Omni CBRSUSDT
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL