Funding you earn now, next payment 08:00 UTC+0.0388%/8h= +42.5% APRnext payment +$3.88 per $10,000 · paid last 24h +0.032%
Price spread now: Gate against SunX−0.024%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1701.701% of the position
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.024%, 7d avg −0.101%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Gate is 0.077% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.101%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.115% in total (about 6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.88 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 | 209.65 | 0 | get 0.0000% / 8h | 3h 57m | $390 | $3.0M | 10x |
| Short | Gate CBRS_USDT | 209.60 | 0.0388 | get 0.0388% / 8h | 3h 57m | $2.9M | $2.9M | 50x |
SunX CBRS-USDT
Gate CBRS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $81.48
- Price spread: −0.024% → −0.101%
- $7.73
- Slippage, 4 orders
- −$147.12
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$80.91
- Costs to cover
- 1.701%
- Break-even
- 14.0 days
Slippage from SunX: live order book, 10 min ago; Gate: 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, 10 min ago | 45.44 bp | 63.8 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 4.76 bp | 23.5 bp −$24 | 62.8 bp −$628 | 249.4 bp −$24.9K | 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 | −0.0543% | 4h | 209.41 | −0.113% | $24K | $219K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0388% | 1h | 209.23 | −0.200% | $42.8M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.41 | −0.116% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.60 | −0.024% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.47 | −0.086% | $2.4M | $2.7M | 20x | as long as short |
| SunX CBRS-USDTlong | 0.0000% | 8h | 209.65 | long leg | $390 | $3.0M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 209.59 | −0.029% | $9K | $10K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0014% | 8h | 209.51 | −0.067% | $622 | $209K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.29 | −0.172% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.36 | −0.138% | $90K | $826K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
HTX CBRS-USDT
GRVT CBRS_USDT_Perp
Vest CBRS-USD-PERP
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | +0.0038% | 1h | 209.52 | −0.062% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.34 | −0.148% | $53K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 209.44 | −0.100% | $1.1M | $3.1M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.46 | −0.091% | $114K | $114K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.57 | −0.038% | $25K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.48 | −0.081% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.48 | −0.081% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0105% | 8h | 209.60 | −0.025% | $423K | $93K | — | as long as short |
| Ondo Perps CBRS-USD.P | +0.0133% | 1h | 209.40 | −0.119% | $340K | $721K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0139% | 8h | 209.50 | −0.072% | $148K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0160% | 1h | 209.47 | −0.084% | $45K | $263K | 10x | as long as short |
| Binance CBRSUSDT | +0.0163% | 8h | 209.48 | −0.081% | $10.2M | $29.4M | 25x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +0.296% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0371% | 8h | 209.52 | −0.062% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDTshort | +0.0388% | 8h | 209.60 | −0.024% | $2.9M | $2.9M | 50x | |
| Deribit CBRS_USDC-PERPETUAL | +0.0849% | 1h | 209.46 | −0.091% | $12K | $5K | 10x | as long as short |
Phoenix CBRS
Polymarket Perps CBRS-USD
QFEX CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Ondo Perps CBRS-USD.P
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Deribit CBRS_USDC-PERPETUAL