Funding you earn now, next payment 00:00 UTC+0.0381%/8h= +41.7% APRnext payment +$3.81 per $10,000 · paid last 24h +0.026%
Price spread now: GRVT against SunX−0.115%74s7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as 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−$1611.606% of the position
Funding, last 7 days+0.220%+$22 on $10k
+Price spread, last 3 days (all we have)+0.083%+$8 · spread now −0.115%, 7d avg −0.089%
=Together, before fees+0.303%+ Points / potential airdropGRVT: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.026% cheaper against SunX than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of −0.089%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.220% in total) that is about 20 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 0.220% in total (about 11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.81 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 | 209.56 | 0 | get 0.0000% / 8h | 1h 27m | $1K | $3.3M | 10x |
| Short | GRVT CBRS_USDT_Perp | 209.32 | 0.0381 | get 0.0381% / 8h | 1h 27m | $689 | $235K | 10x |
SunX CBRS-USDT
GRVT CBRS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $80.01
- Price spread: −0.115% → −0.089%
- −$2.59
- Slippage, 4 orders
- −$143.56
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$83.14
- Costs to cover
- 1.606%
- Break-even
- 14.3 days
Slippage from SunX: live order book, 10 min ago; GRVT: live order book, 54 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 | 30.34 bp | 49.0 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 54 min ago | 3.60 bp | 18.1 bp −$18 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0055% | 1h | 209.10 | −0.220% | $42.8M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0008% | 1h | 208.44 | −0.534% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.07 | −0.233% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.37 | −0.091% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.33 | −0.110% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.40 | −0.076% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.25 | −0.148% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.03 | −0.253% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDTlong | 0.0000% | 8h | 209.56 | long leg | $1K | $3.3M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 209.44 | −0.057% | $9K | $6K | 20x | as long as short |
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0021% | 1h | 209.07 | −0.234% | — | $90K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 209.29 | −0.129% | $1.1M | $3.3M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.10 | −0.220% | $90K | $890K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.22 | −0.162% | $31K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.28 | −0.134% | $349K | $915K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.11 | −0.215% | $143K | $96K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.86 | −0.334% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.32 | −0.115% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.42 | −0.066% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0171% | 8h | 209.33 | −0.110% | $422K | $321K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0232% | 1h | 209.32 | −0.114% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0232% | 8h | 209.32 | −0.115% | $10.3M | $30.3M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0246% | 8h | 209.34 | −0.105% | $146K | $70K | 20x | as long as short |
| GRVT CBRS_USDT_Perpshort | +0.0381% | 8h | 209.32 | −0.115% | $689 | $235K | 10x | |
| edgeX CBRSUSDC | +0.0456% | 4h | 209.37 | −0.092% | $24K | $221K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1425% | 1h | 209.32 | −0.115% | $12K | $52K | 10x | as long as short |
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL