Funding you earn now, next payment 00:00 UTC−0.0620%/8h= −67.8% APRpaid last 24h −0.097%
Price spread now: edgeX against SunX−0.076%74s7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as 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−$1501.498% of the position
Funding, last 7 days−0.347%−$35 on $10k
+Price spread, last 3 days (all we have)+0.065%+$7 · spread now −0.076%, 7d avg −0.107%
=Together, before fees−0.282%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.030% dearer against SunX than usual: you sell high and buy low (spread −0.076% now, against its 7-day average of −0.107%): +$3 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.347% in total) that is about 15 hours. The two prices were read 74 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 -0.347% in total (about -18.1% a year). A funding rate is set anew for every payment. 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 | 208.60 | 0 | get 0.0000% / 8h | 2h 12m | $1K | $3.4M | 10x |
| Short | edgeX CBRSUSDC | 208.44 | −0.0620 | pay 0.0310% / 4h | 2h 12m | $24K | $221K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$130.11
- Price spread: −0.076% → −0.107%
- $3.03
- Slippage, 4 orders
- −$132.84
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$276.92
- Costs to cover
- 1.498%
- Break-even
- never at this rate
Slippage from SunX: live order book, 6 min ago; edgeX: live order book, 10 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, 6 min ago | 29.94 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 10 min ago | 5.99 bp | 10.9 bp −$11 | 16.4 bp −$164 | 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 CBRSUSDCshort | −0.0620% | 4h | 208.44 | −0.076% | $24K | $221K | 10x | |
| tradeXYZ xyz:CBRS | −0.0130% | 1h | 208.21 | −0.187% | $42.7M | $3.6M | 10x | as long as short |
| Phoenix CBRS | −0.0038% | 1h | 208.40 | −0.096% | $1K | $112K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.32 | −0.133% | $65K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.42 | −0.086% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.48 | −0.058% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 208.50 | −0.048% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.42 | −0.086% | $2.4M | $2.8M | 20x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 208.43 | −0.084% | $421K | $321K | — | as long as short |
| SunX CBRS-USDTlong | 0.0000% | 8h | 208.60 | long leg | $1K | $3.4M | 10x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 208.45 | −0.072% | $12K | $52K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.57 | −0.014% | $9K | $6K | 20x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 208.35 | −0.120% | $1.1M | $3.2M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 208.17 | −0.206% | — | $90K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.33 | −0.129% | $90K | $932K | 10x | as long as short |
| Binance CBRSUSDT | +0.0045% | 8h | 208.43 | −0.081% | $10.2M | $30.3M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0048% | 1h | 208.41 | −0.090% | $43K | $246K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.32 | −0.134% | $24K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.41 | −0.091% | $329K | $884K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0071% | 8h | 208.41 | −0.091% | $146K | $70K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0072% | 1h | 208.24 | −0.173% | $113K | $113K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.29 | −0.149% | $142K | $97K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.50 | −0.048% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.44 | −0.077% | $856 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.49 | −0.055% | $242 | — | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0226% | 8h | 208.48 | −0.058% | $901 | $242K | 10x | as long as short |
SunX CBRS-USDT
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Phoenix CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Variational Omni CBRS
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Lighter CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
Polymarket Perps CBRS-USD
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTX
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
GRVT CBRS_USDT_Perp