Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 111.45 | +0.0100 | pay 0.0013% / 1h | 56m 50s | $28K | $109K | 20x | Long TxFlow5% off | |
| SHORT | 111.72 | 0 | 0.0000% / 8h | 3h 56m | $875 | $1.6M | 10x | Short SunX≤10% back |
Price gap+0.242%
Funding gap−0.0100% /8h
Funding costs $3 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$28−0.0100% /8h now · paid −0.278% over the last 7D
Price+$2spread +0.242% now, avg +0.227% → +0.015% if it goes back
Costs−$1541.542% of $10k · taker + slippage, in and out
Result−$180−1.80%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.242%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCBRS on 30 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size15.0 / 62.4 bpAt $10k entering SunX costs 62.4 bp, fee and slippage, 4.2× TxFlow’s.
- Note: Margin at max leverage$500 + $1,000TxFlow 20x, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.00Long TxFlow: 24 payments, −$3.00; short SunX: 3 payments, $0.00.
- Note: Gap at its usual level+0.242% vs +0.227%The price leg adds little either way.
- Watch: Short leg is thinner$875 vs $28K OISunX sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0132%/8h × 21 periods−$27.79
Price spread+0.242% → +0.227% (7d avg)+$1.50
Slippage, 4 orderslive order books−$137.16
Fee TxFlow bp × 2 orders−$9.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k−$180.45
Costs to cover1.542%Break-evennever at this rate
Slippage: TxFlow: live order book, 56 min ago; SunX: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.2915.0 bp−$1536.2 bp−$362doesn’t fitdoesn’t fit
SELL · SHORTSunX13.4162.4 bp−$62doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-12 17:30 | Vest Markets | Other | Cerebras is trading below its $185 IPO price, with $CBRS down around 10% on the session at a new 52-week low. CEO Andrew Feldman and CTO Sean Lie have sold over $240 million of stock since August, under trading plans adopted after the IPO. Up to 19.4 million more $CBRS shares unlock Wednesday, with another tranche due Oct. 28, and the lock-up fully expiring no later than Nov. 9. @VestExchange on X ↗ |
| 10-05 17:31 | Vest Markets | Other | Cerebras shares are rebounding, with $CBRS up around 8% on the session and Sam Altman calling it a close partner Friday. A report last week said OpenAI's GPT-6.1 Sol Ultrafast mode runs on Nvidia GPUs, and the stock fell around 20% over the week. The two companies signed a $10B deal in January for 750 megawatts of compute through 2028, and Citi kept its 2026-2028 revenue view unchanged. @VestExchange on X ↗ |
| 09-30 16:30 | Vest Markets | Other | Cerebras is reportedly not serving OpenAI's newest Ultrafast tier, with $CBRS down over 7% on today's session. Neither Cerebras nor OpenAI has confirmed the SemiAnalysis post, while the August Ultrafast mode for GPT-5.6 Sol ran on Cerebras at up to 750 tokens per second. The IPO lockup also released up to 19.4 million shares today, part of about 171 million in early-release tranches, with $CBRS below its $185 IPO price. @VestExchange on X ↗ |
| 09-17 10:29 | Deribit | Listing | 🚨 More equity and commodity perpetuals are now live on Deribit Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL ↓ @DeribitOfficial on X ↗ |
| 09-16 15:02 | Deribit | Listing | 🚨 More To Trade. Tomorrow, September 17, 2026, at 10:00 AM UTC, 11 more equity perpetual markets and 4 commodity perpetuals will go live on Deribit. All settled in USDC. Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL This launch is part of Deribit’s biggest-ever product expansion: more than 90 new USDC-settled perpetuals across crypto, listed equities and ETFs, commodities, the COIN50 index and private-market valuations. Read more: Disclaimer: Equity & Commodity perpetuals are offered by Deribit FZE under its Limited Licence Approval from VARA, and are subject to the conditions, client eligibility criteria and restrictions of that approval. @DeribitOfficial on X ↗ |

Deribit