Funding you earn now, next payment 08:00 UTC+0.0260%/8h= +28.4% APRnext payment +$2.60 per $10,000 · paid last 24h +0.076%
Price spread now: Binance against SunX−0.106%46s7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1531.532% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.106%, 7d avg −0.106%
=The price spread sits at its 7-day average of −0.106%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.181% in total (about 9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.60 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 | SunX CBRS-USDT | 209.61 | 0 | get 0.0000% / 8h | 5h 36m | $1K | $3.0M | 10x |
| Short | Binance CBRSUSDT | 209.39 | 0.0260 | get 0.0260% / 8h | 5h 36m | $10.3M | $29.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $54.52
- Price spread: −0.106% → −0.106%
- $0.05
- Slippage, 4 orders
- −$135.2
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$98.63
- Costs to cover
- 1.532%
- Break-even
- 19.7 days
Slippage from SunX: live order book, 11 min ago; Binance: live order book, 5 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 SunX live order book, 11 min ago | 30.30 bp | 48.4 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.24 bp | 14.0 bp −$14 | 32.7 bp −$327 | 109.6 bp −$11.0K | 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 | 208.44 | −0.558% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.30 | −0.150% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.46 | −0.072% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.38 | −0.110% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.26 | −0.169% | $896 | $204K | 10x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 208.98 | −0.301% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDTlong | 0.0000% | 8h | 209.61 | long leg | $1K | $3.0M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 209.28 | −0.157% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.96 | −0.310% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.15 | −0.219% | $92K | $830K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.20 | −0.196% | $42.8M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.28 | −0.157% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.33 | −0.134% | $340K | $734K | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 209.32 | −0.138% | $1.1M | $3.4M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.34 | −0.129% | $114K | $118K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.96 | −0.310% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.30 | −0.148% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.28 | −0.155% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0120% | 8h | 209.36 | −0.119% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0169% | 8h | 209.60 | −0.005% | $2.9M | $3.0M | 50x | as long as short |
| Variational Omni CBRS | +0.0231% | 8h | 209.13 | −0.227% | $423K | $115K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0256% | 1h | 209.35 | −0.123% | $46K | $263K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0259% | 8h | 209.19 | −0.200% | $148K | $70K | 20x | as long as short |
| Binance CBRSUSDTshort | +0.0260% | 8h | 209.39 | −0.106% | $10.3M | $29.4M | 25x | |
| Deribit CBRS_USDC-PERPETUAL | +0.0611% | 1h | 209.36 | −0.119% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0893% | 4h | 209.14 | −0.224% | $24K | $219K | 10x | as long as short |
SunX CBRS-USDT
Binance CBRSUSDT
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
Phoenix CBRS
HTX CBRS-USDT
Lighter CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Bybit CBRSUSDT
Gate CBRS_USDT
Variational Omni CBRS
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC