Funding you earn now, next payment 23:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.066%
Price spread now: Coinbase International against SunX−0.582%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1511.506% of the position
Funding, last 7 days+0.326%+$33 on $10k
+Price spread, last 3 days (all we have)+0.437%+$44 · spread now −0.582%, 7d avg −0.187%
=Funding pays, the price is against you. Coinbase International is 0.395% cheaper against SunX than usual: you would sell low and buy high (spread −0.582% now, against its 7-day average of −0.187%). If the spread goes back, that is −$39 on $10k: about 3 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.326% in total) that is about 8.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CBRS-USDT | 209.66 | 0 | get 0.0000% / 8h | 47m 00s | $1K | $3.3M | 10x |
| Short | Coinbase International CBRS-PERP-INTX | 208.44 | 0.0016 | get 0.0002% / 1h | 47m 00s | $114K | $114K | 10x |
SunX CBRS-USDT
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $3.36
- Price spread: −0.582% → −0.187%
- −$39.47
- Slippage, 4 orders
- −$132.61
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$186.72
- Costs to cover
- 1.506%
- Break-even
- 396.0 days
Slippage from SunX: live order book, 11 min ago; Coinbase International: live order book, 31 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 | 29.58 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 31 min ago | 5.26 bp | 12.3 bp −$12 | 24.8 bp −$248 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CBRSUSDT | 0.0000% | 8h | 209.29 | −0.176% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.53 | −0.062% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.49 | −0.081% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.50 | −0.076% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.45 | −0.100% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.23 | −0.205% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDTlong | 0.0000% | 8h | 209.66 | long leg | $1K | $3.3M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 209.49 | −0.081% | $9K | $6K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | +0.0016% | 1h | 208.44 | −0.582% | $114K | $114K | 10x | |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 208.95 | −0.339% | — | $94K | 10x | as long as short |
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USD | +0.0021% | 1h | 209.34 | −0.153% | $1.1M | $3.4M | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.25 | −0.196% | $42.9M | $3.6M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.28 | −0.181% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.37 | −0.138% | $346K | $913K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.17 | −0.234% | $143K | $93K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.00 | −0.315% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.38 | −0.134% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.50 | −0.078% | $243 | — | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0228% | 1h | 209.43 | −0.110% | $12K | $4K | 10x | as long as short |
| Lighter CBRS | +0.0248% | 1h | 209.52 | −0.067% | $93K | $861K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0318% | 4h | 209.37 | −0.139% | $24K | $221K | 10x | as long as short |
| Variational Omni CBRS | +0.0381% | 8h | 209.38 | −0.134% | $423K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0430% | 8h | 209.38 | −0.134% | $146K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0432% | 1h | 209.36 | −0.142% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0433% | 8h | 209.40 | −0.124% | $10.3M | $30.0M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0548% | 8h | 209.42 | −0.115% | $477 | $227K | 10x | as long as short |
QFEX CBRS-USD
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
Deribit CBRS_USDC-PERPETUAL
Lighter CBRS
edgeX CBRSUSDC
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp