Funding you earn now, next payment 00:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.08 per $10,000 · paid last 24h −0.037%
Price spread now: tradeXYZ against QFEX−0.072%7-day average −0.108% · 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−$38as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 3 days (all we have)−0.078%−$8 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now −0.072%, 7d avg −0.108%
=Together, before fees−0.105%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.036% dearer against QFEX than usual: you sell high and buy low (spread −0.072% now, against its 7-day average of −0.108%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CBRS-USD | 209.27 | 0.0021 | pay 0.0003% / 1h | 36m 03s | $1.1M | $3.4M | 10x |
| Short | tradeXYZ xyz:CBRS | 209.12 | −0.0041 | pay 0.0005% / 1h | 36m 03s | $42.8M | $3.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$12.84
- Price spread: −0.072% → −0.108%
- $3.59
- Slippage, 4 orders
- −$13.21
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$50.46
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 7 min ago; tradeXYZ: live order book, 3 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 | 1.91 bp | 6.9 bp −$7 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 1.20 bp | 11.7 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0777% | 4h | 209.34 | +0.033% | $24K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRSshort | −0.0041% | 1h | 209.12 | −0.072% | $42.8M | $3.5M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 209.24 | −0.016% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.43 | +0.076% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.36 | +0.043% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.27 | 0.000% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.32 | +0.024% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.58 | +0.148% | $1K | $3.3M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.30 | +0.014% | $12K | $4K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.38 | +0.053% | $9K | $6K | 20x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CBRS_USDT | +0.0011% | 8h | 209.40 | +0.062% | $2.9M | $3.1M | 50x | as long as short |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 208.96 | −0.148% | — | $94K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.397% | $114K | $114K | 10x | as long as short |
| QFEX CBRS-USDlong | +0.0021% | 1h | 209.27 | long leg | $1.1M | $3.4M | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.13 | −0.067% | $48K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.25 | −0.010% | $343K | $918K | 10x | as long as short |
| Lighter CBRS | +0.0080% | 1h | 209.44 | +0.081% | $90K | $867K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.17 | −0.048% | $143K | $92K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.09 | −0.086% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.32 | +0.024% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.34 | +0.035% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0433% | 8h | 209.31 | +0.017% | $423K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0460% | 8h | 209.38 | +0.053% | $146K | $70K | 20x | as long as short |
| Binance CBRSUSDT | +0.0469% | 8h | 209.29 | +0.010% | $10.3M | $30.0M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0472% | 1h | 209.21 | −0.027% | $43K | $246K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0567% | 8h | 209.42 | +0.072% | $599 | $224K | 10x | as long as short |
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Polymarket Perps CBRS-USD
Lighter CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
GRVT CBRS_USDT_Perp