Funding you earn now, next payment 02:00 UTC+0.0540%/8h= +59.2% APRpaid last 24h +0.051%
Price spread now: OKX against tradeXYZ−0.024%7-day average +0.121% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days+0.248%+$25 on $10k
+Price spread, last 7 days+0.137%+$14 · spread now −0.024%, 7d avg +0.121%
=Together, before fees+0.385%+ Points / potential airdroptradeXYZ: Active · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.145% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.121%). If the spread goes back, that is −$14 on $10k: about 21 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.248% in total) that is about 4.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.248% in total (about 12.9% 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 | 209.58 | −0.0540 | get 0.0068% / 1h | 56m 30s | $42.9M | $3.6M | 10x |
| Short | OKX CBRS-USDT-SWAP | 209.53 | 0 | get 0.0000% / 8h | 6h 56m | $2.2M | $3.6M | 25x |
tradeXYZ xyz:CBRS
OKX CBRS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $113.45
- Price spread: −0.024% → +0.121%
- −$14.46
- Slippage, 4 orders
- −$34.94
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $36.06
- Costs to cover
- 0.629%
- Break-even
- 4.8 days
Slippage from tradeXYZ: live order book, 3 min ago; OKX: live order book, 1 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, 3 min ago | 1.19 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.72 bp | 17.3 bp −$17 | 59.7 bp −$597 | 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 | −0.0928% | 4h | 209.89 | +0.146% | $24K | $219K | 10x | as long as short |
| tradeXYZ xyz:CBRSlong | −0.0540% | 1h | 209.58 | long leg | $42.9M | $3.6M | 10x | |
| Polymarket Perps CBRS-USD | −0.0046% | 1h | 209.40 | −0.086% | $53K | $1.1M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.544% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.66 | +0.038% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAPshort | 0.0000% | 8h | 209.53 | −0.024% | $2.2M | $3.6M | 25x | |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.59 | +0.005% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.95 | +0.177% | $590 | $211K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.90 | +0.153% | $1K | $3.2M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.58 | 0.000% | $12K | $5K | 10x | as long as short |
edgeX CBRSUSDC
Polymarket Perps CBRS-USD
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUALShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CBRS-USDT | 0.0000% | 8h | 210.06 | +0.229% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 209.48 | −0.048% | — | $98K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.56 | −0.010% | $90K | $842K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.54 | −0.019% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.64 | +0.029% | $1K | $109K | 10x | as long as short |
| Gate CBRS_USDT | +0.0049% | 8h | 209.70 | +0.057% | $2.9M | $2.9M | 50x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.81 | +0.110% | $342K | $916K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.64 | +0.029% | $114K | $122K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.75 | +0.081% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.68 | +0.048% | $861 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.63 | +0.024% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0135% | 8h | 209.64 | +0.029% | $2.0M | $1.9M | 25x | as long as short |
| Variational Omni CBRS | +0.0407% | 8h | 209.93 | +0.169% | $424K | $321K | — | as long as short |
| Binance CBRSUSDT | +0.0430% | 8h | 209.60 | +0.010% | $10.3M | $29.8M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0432% | 1h | 209.53 | −0.024% | $46K | $270K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0457% | 8h | 209.64 | +0.029% | $147K | $71K | 20x | as long as short |
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
QFEX CBRS-USD
Phoenix CBRS
Gate CBRS_USDT
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Bybit CBRSUSDT
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT