Funding you earn now, next payment 09:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h +0.048%
Price spread now: Binance against QFEX−0.019%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 4 days (all we have)+0.088%+$9 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now −0.019%, 7d avg +0.018%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.037% cheaper against QFEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.018%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.088%, 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 | QFEX CBRS-USD | 206.10 | 0.0017 | pay 0.0002% / 1h | 0m 50s | $1.1M | $3.0M | 10x |
| Short | Binance CBRSUSDT | 206.06 | 0 | get 0.0000% / 8h | 7h 00m | $10.2M | $32.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- −$3.6
- Price spread: −0.019% → +0.018%
- −$3.74
- Slippage, 4 orders
- −$22.77
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$50.11
- Costs to cover
- 0.428%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 7 min ago; Binance: live order book, 11 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 QFEX live order book, 7 min ago | 1.46 bp | 7.2 bp −$7 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.73 bp | 10.0 bp −$10 | 37.6 bp −$376 | 128.3 bp −$12.8K | 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 | −0.0169% | 8h | 205.93 | −0.082% | $2.4M | $2.7M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0093% | 1h | 205.85 | −0.121% | $42.2M | $4.0M | 10x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 205.91 | −0.092% | $1K | $108K | 10x | as long as short |
| Lighter CBRS | −0.0024% | 1h | 205.97 | −0.063% | $90K | $1.1M | 10x | as long as short |
| BloFin CBRS-USDT | −0.0021% | 8h | 206.14 | +0.019% | $147K | $72K | 20x | as long as short |
| edgeX CBRSUSDC | −0.0018% | 4h | 206.19 | +0.046% | $23K | $222K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.19 | +0.044% | $65K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 205.97 | −0.062% | $44K | $387K | 10x | as long as short |
| Binance CBRSUSDTshort | 0.0000% | 8h | 206.06 | −0.019% | $10.2M | $32.2M | 25x | |
| Bybit CBRSUSDT | 0.0000% | 8h | 206.14 | +0.019% | $2.1M | $2.2M | 25x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.20 | +0.049% | $2.2M | $3.5M | 25x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 205.99 | −0.055% | $395K | $101K | — | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 206.19 | +0.042% | $612 | $219K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.39 | +0.141% | $1K | $2.7M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 206.14 | +0.019% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.22 | +0.058% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 205.92 | −0.087% | — | $107K | 10x | as long as short |
| QFEX CBRS-USDlong | +0.0017% | 1h | 206.10 | long leg | $1.1M | $3.0M | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.07 | −0.015% | $51K | $471K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.01 | −0.044% | $329K | $723K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.06 | −0.019% | $815 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.04 | −0.029% | $112K | $185K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.77 | −0.160% | $24K | $138K | 50x | as long as short |
| Gate CBRS_USDT | +0.0101% | 8h | 206.30 | +0.097% | $2.9M | $3.2M | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.04 | −0.029% | $239 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +2.023% | $115K | $108K | 10x | as long as short |
Binance CBRSUSDT
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Phoenix CBRS
Lighter CBRS
BloFin CBRS-USDT
edgeX CBRSUSDC
Aster CBRSUSDT
Extended CBRS_24_5-USD
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Variational Omni CBRS
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX