Funding you earn now, next payment 07:00 UTC+0.0721%/8h= +79.0% APRpaid last 24h −0.070%
Price spread now: edgeX against tradeXYZ−0.006%86s7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as 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−$520.525% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.006%, 7d avg +0.102%
=Together, before fees−0.021%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.108% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.102%). If the spread goes back, that is −$11 on $10k: about 12 hours of funding at the current rate (+$22 a day). Mind the row above: over the last 7 days funding on this pair cost −0.094%, so the current rate has only just turned in your favour. The two prices were read 86 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 -0.094% in total (about -4.9% 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 | tradeXYZ xyz:CBRS | 205.59 | −0.0233 | get 0.0029% / 1h | 37m 49s | $42.0M | $4.0M | 10x |
| Short | edgeX CBRSUSDC | 205.58 | 0.0488 | get 0.0244% / 4h | 1h 37m | $23K | $220K | 10x |
tradeXYZ xyz:CBRS
edgeX CBRSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against tradeXYZ. 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
- $151.48
- Price spread: −0.006% → +0.102%
- −$10.78
- Slippage, 4 orders
- −$25.49
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $88.2
- Costs to cover
- 0.525%
- Break-even
- 2.9 days
Slippage from tradeXYZ: live order book, 12 min ago; edgeX: live order book, 4 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 tradeXYZ live order book, 12 min ago | 0.73 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 4 min ago | 6.57 bp | 11.6 bp −$12 | 17.3 bp −$173 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0628% | 8h | 205.90 | +0.151% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRSlong | −0.0233% | 1h | 205.59 | long leg | $42.0M | $4.0M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 205.84 | +0.120% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.90 | +0.151% | $2.2M | $3.5M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.94 | +0.170% | $1K | $2.9M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 205.59 | 0.000% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.72 | +0.063% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 205.55 | −0.019% | — | $107K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.68 | +0.044% | $90K | $888K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 205.50 | −0.044% | $1K | $108K | 10x | as long as short |
Bitget CBRSUSDT
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
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 | 205.44 | −0.073% | $50K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.52 | −0.034% | $335K | $716K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 205.59 | 0.000% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0083% | 8h | 205.58 | −0.003% | $416K | $89K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.74 | +0.073% | $114K | $110K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.64 | +0.024% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.66 | +0.034% | $813 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.69 | +0.048% | $239 | — | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0128% | 1h | 205.79 | +0.096% | $44K | $389K | 10x | as long as short |
| Binance CBRSUSDT | +0.0131% | 8h | 205.84 | +0.122% | $10.1M | $30.6M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0163% | 8h | 205.66 | +0.034% | $147K | $70K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0202% | 8h | 205.64 | +0.024% | $942 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0333% | 8h | 205.91 | +0.156% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0374% | 8h | 206.00 | +0.199% | $2.9M | $3.0M | 50x | as long as short |
| edgeX CBRSUSDCshort | +0.0488% | 4h | 205.58 | −0.006% | $23K | $220K | 10x | |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +2.276% | $115K | $116K | 10x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX