Funding you earn now, next payment 03:00 UTC−0.0051%/8h= −5.6% APRpaid last 24h −0.003%
Price spread now: OKX against QFEX+0.081%7-day average +0.014% · 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−$44as in the Price arb table
costs, in and out, $10k−$510.509% of the position
Funding, last 4 days (all we have)−0.004%$0 on $10k
+Price spread, last 7 days−0.078%−$8 · spread now +0.081%, 7d avg +0.014%
=The price spread pays, funding is against you. OKX is 0.067% dearer against QFEX than usual: you sell high and buy low (spread +0.081% now, against its 7-day average of +0.014%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.3 days. At the pace of the last 4 days (−0.004% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CBRS-USD | 210.21 | 0.0051 | pay 0.0006% / 1h | 5m 25s | $1.1M | $3.3M | 10x |
| Short | OKX CBRS-USDT-SWAP | 210.38 | 0 | get 0.0000% / 8h | 5h 05m | $2.2M | $3.5M | 25x |
QFEX CBRS-USD
OKX CBRS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$10.8
- Price spread: +0.081% → +0.014%
- $6.71
- Slippage, 4 orders
- −$30.89
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$54.98
- Costs to cover
- 0.509%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; OKX: live order book, 2 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, 3 min ago | 1.90 bp | 7.4 bp −$7 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.24 bp | 19.6 bp −$20 | 73.4 bp −$734 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 210.27 | +0.029% | $115K | $116K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 210.17 | −0.018% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAPshort | 0.0000% | 8h | 210.38 | +0.081% | $2.2M | $3.5M | 25x | |
| Bitget CBRSUSDT | 0.0000% | 8h | 210.28 | +0.033% | $2.4M | $2.7M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.95 | −0.124% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.45 | +0.114% | $989 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.28 | +0.033% | $9K | $9K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0016% | 8h | 210.12 | −0.043% | $574 | $205K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.69 | −0.247% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 210.04 | −0.081% | $90K | $831K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
GRVT CBRS_USDT_Perp
Vest CBRS-USD-PERP
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.94 | −0.128% | $43.0M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 210.14 | −0.033% | $55K | $1.1M | 10x | as long as short |
| QFEX CBRS-USDlong | +0.0051% | 1h | 210.21 | long leg | $1.1M | $3.3M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0086% | 1h | 210.12 | −0.043% | $341K | $734K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 210.08 | −0.062% | $115K | $116K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.89 | −0.152% | $25K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 210.24 | +0.014% | $863 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.26 | +0.025% | $244 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0227% | 8h | 210.15 | −0.027% | $425K | $107K | — | as long as short |
| Bybit CBRSUSDT | +0.0268% | 8h | 210.35 | +0.067% | $2.1M | $1.9M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0272% | 1h | 210.21 | −0.002% | $45K | $262K | 10x | as long as short |
| Binance CBRSUSDT | +0.0273% | 8h | 210.26 | +0.026% | $10.3M | $29.4M | 25x | as long as short |
| Gate CBRS_USDT | +0.0281% | 8h | 210.40 | +0.090% | $2.9M | $3.0M | 50x | as long as short |
| BloFin CBRS-USDT | +0.0289% | 8h | 210.25 | +0.019% | $105K | $69K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0702% | 1h | 210.22 | +0.005% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0712% | 4h | 210.19 | −0.007% | $24K | $220K | 10x | as long as short |
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Bybit CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Gate CBRS_USDT
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC