Funding you earn now, next payment 05:00 UTC−0.0342%/8h= −37.4% APRpaid last 24h −0.034%
Price spread now: tradeXYZ against SunX−0.322%7-day average −0.211% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1571.568% of the position
Funding, last 7 days−0.199%−$20 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.322%, 7d avg −0.211%
=Together, before fees−0.033%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and tradeXYZ is 0.112% cheaper against SunX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.211%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.199% in total (about -10.4% 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 | 207.77 | 0 | get 0.0000% / 8h | 3h 15m | $1K | $2.9M | 10x |
| Short | tradeXYZ xyz:CBRS | 207.10 | −0.0342 | pay 0.0043% / 1h | 15m 41s | $42.4M | $3.7M | 10x |
SunX CBRS-USDT
tradeXYZ xyz:CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$71.77
- Price spread: −0.322% → −0.211%
- −$11.15
- Slippage, 4 orders
- −$130.77
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$239.7
- Costs to cover
- 1.568%
- Break-even
- never at this rate
Slippage from SunX: live order book, 2 min ago; tradeXYZ: live order book, 3 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, 2 min ago | 30.58 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.48 bp | 13.8 bp −$14 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0944% | 4h | 207.23 | −0.261% | $23K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRSshort | −0.0342% | 1h | 207.10 | −0.322% | $42.4M | $3.7M | 10x | |
| Bitget CBRSUSDT | −0.0009% | 8h | 207.47 | −0.144% | $2.4M | $2.4M | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.08 | −0.332% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.45 | −0.154% | $2.2M | $3.5M | 25x | as long as short |
| SunX CBRS-USDTlong | 0.0000% | 8h | 207.77 | long leg | $1K | $2.9M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 207.37 | −0.193% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 207.09 | −0.327% | — | $98K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 207.18 | −0.284% | $89K | $864K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 206.99 | −0.375% | $1K | $108K | 10x | as long as short |
edgeX CBRSUSDC
Bitget CBRSUSDT
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.14 | −0.303% | $51K | $1.1M | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0052% | 8h | 207.26 | −0.245% | $1K | $212K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0056% | 1h | 207.37 | −0.193% | $336K | $719K | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 207.30 | −0.226% | $1.1M | $3.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0065% | 8h | 207.38 | −0.188% | $418K | $82K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.35 | −0.202% | $115K | $113K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.05 | −0.347% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.12 | −0.313% | $819 | $1K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0101% | 8h | 207.29 | −0.231% | $147K | $69K | 20x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.10 | −0.322% | $240 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0128% | 8h | 207.40 | −0.177% | $10.1M | $29.7M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0128% | 1h | 207.31 | −0.220% | $48K | $258K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.203% | $115K | $116K | 10x | as long as short |
| Gate CBRS_USDT | +0.0353% | 8h | 207.40 | −0.178% | $2.8M | $2.9M | 50x | as long as short |
| Bybit CBRSUSDT | +0.0354% | 8h | 207.41 | −0.173% | $2.1M | $2.0M | 25x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.2264% | 1h | 207.34 | −0.207% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
GRVT CBRS_USDT_Perp
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
BloFin CBRS-USDT
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
Coinbase International CBRS-PERP-INTX
Gate CBRS_USDT
Bybit CBRSUSDT
Deribit CBRS_USDC-PERPETUAL