Funding you earn now, next payment 00:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h −0.006%
Price spread now: SunX against QFEX+0.115%7-day average +0.093% · 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−$142as in the Price arb table
costs, in and out, $10k−$1441.439% of the position
Funding, last 3 days (all we have)−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.067%−$7 · spread now +0.115%, 7d avg +0.093%
=The price spread pays, funding is against you. SunX is 0.022% dearer against QFEX than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of +0.093%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 3 days (−0.007% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CBRS-USD | 209.39 | 0.0021 | pay 0.0003% / 1h | 20m 05s | $1.1M | $3.4M | 10x |
| Short | SunX CBRS-USDT | 209.63 | 0 | get 0.0000% / 8h | 20m 05s | $964 | $3.3M | 10x |
QFEX CBRS-USD
SunX CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$4.33
- Price spread: +0.115% → +0.093%
- $2.2
- Slippage, 4 orders
- −$125.89
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$146.03
- Costs to cover
- 1.439%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; SunX: live order book, 8 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 | 1.19 bp | 9.1 bp −$9 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 30.05 bp | 79.5 bp −$79 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.0705% | 1h | 209.32 | −0.033% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | −0.0599% | 4h | 209.31 | −0.036% | $24K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0213% | 1h | 209.20 | −0.091% | $42.9M | $3.5M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.35 | −0.017% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.56 | +0.081% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.46 | +0.033% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.45 | +0.029% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.32 | −0.033% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDTshort | 0.0000% | 8h | 209.63 | +0.115% | $964 | $3.3M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 209.43 | +0.019% | $9K | $7K | 20x | as long as short |
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CBRS_USDT | +0.0004% | 8h | 209.40 | +0.005% | $2.9M | $3.1M | 50x | as long as short |
| Vest CBRS-USD-PERP | +0.0014% | 1h | 209.11 | −0.134% | — | $94K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.454% | $114K | $114K | 10x | as long as short |
| QFEX CBRS-USDlong | +0.0021% | 1h | 209.39 | long leg | $1.1M | $3.4M | 10x | |
| Lighter CBRS | +0.0032% | 1h | 209.48 | +0.043% | $91K | $868K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.25 | −0.067% | $57K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.26 | −0.062% | $342K | $919K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.40 | +0.005% | $143K | $92K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.32 | −0.033% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.34 | −0.024% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.44 | +0.025% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0445% | 8h | 209.32 | −0.035% | $423K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0456% | 8h | 209.39 | 0.000% | $146K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0472% | 1h | 209.32 | −0.036% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0475% | 8h | 209.35 | −0.019% | $10.3M | $30.0M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0556% | 8h | 209.37 | −0.010% | $488 | $222K | 10x | as long as short |
Gate CBRS_USDT
Vest CBRS-USD-PERP
Coinbase International CBRS-PERP-INTX
Lighter 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
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp