Funding you earn now, next payment 02:00 UTC+0.0362%/8h= +39.7% APRnext payment +$0.45 per $10,000 · paid last 24h +0.034%
Price spread now: Extended against QFEX+0.017%7-day average −0.037% · 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−$45as in the Price arb table
costs, in and out, $10k−$510.505% of the position
Funding, last 3 days (all we have)+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.017%, 7d avg −0.037%
=Together, before fees−0.061%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Extended is 0.055% dearer against QFEX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.037%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.037% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.45 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 | QFEX CBRS-USD | 209.21 | 0.0038 | pay 0.0005% / 1h | 47m 37s | $1.1M | $3.4M | 10x |
| Short | Extended CBRS_24_5-USD | 209.25 | 0.0400 | get 0.0050% / 1h | 47m 37s | $46K | $270K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $76.09
- Price spread: +0.017% → −0.037%
- $5.47
- Slippage, 4 orders
- −$35.54
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $31.02
- Costs to cover
- 0.505%
- Break-even
- 4.1 days
Slippage from QFEX: live order book, 10 min ago; Extended: live order book, 19 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, 10 min ago | 1.91 bp | 8.8 bp −$9 | 15.0 bp −$150 | doesn't fit | doesn't fit |
| Sell Extended live order book, 19 min ago | 2.38 bp | 17.1 bp −$17 | 121.3 bp −$1,213 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0806% | 4h | 209.41 | +0.094% | $24K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0361% | 1h | 209.09 | −0.057% | $42.8M | $3.5M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0132% | 1h | 209.35 | +0.067% | $12K | $5K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.368% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.32 | +0.053% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.32 | +0.053% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.40 | +0.091% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.27 | +0.029% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.43 | +0.107% | $475 | $210K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.68 | +0.225% | $1K | $3.1M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CBRS-USDT | 0.0000% | 8h | 209.44 | +0.110% | $9K | $9K | 20x | as long as short |
| Bybit CBRSUSDT | +0.0007% | 8h | 209.40 | +0.091% | $2.1M | $1.9M | 25x | as long as short |
| Polymarket Perps CBRS-USD | +0.0018% | 1h | 209.16 | −0.024% | $53K | $1.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 209.03 | −0.086% | — | $98K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.17 | −0.019% | $90K | $842K | 10x | as long as short |
| QFEX CBRS-USDlong | +0.0038% | 1h | 209.21 | long leg | $1.1M | $3.4M | 10x | |
| Phoenix CBRS | +0.0038% | 1h | 209.25 | +0.019% | $1K | $109K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.25 | +0.019% | $341K | $890K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.35 | +0.067% | $114K | $121K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.42 | +0.100% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.41 | +0.096% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.39 | +0.087% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0379% | 8h | 209.47 | +0.125% | $424K | $321K | — | as long as short |
| Binance CBRSUSDT | +0.0398% | 8h | 209.30 | +0.043% | $10.2M | $29.6M | 25x | as long as short |
| Extended CBRS_24_5-USDshort | +0.0400% | 1h | 209.25 | +0.017% | $46K | $270K | 10x | |
| BloFin CBRS-USDT | +0.0414% | 8h | 209.37 | +0.076% | $148K | $71K | 20x | as long as short |
Extended CBRS_24_5-USD
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Deribit CBRS_USDC-PERPETUAL
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Bybit CBRSUSDT
Polymarket Perps CBRS-USD
Lighter CBRS
Phoenix CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
Binance CBRSUSDT
BloFin CBRS-USDT