Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.01 per $10,000 · paid last 24h −0.011%
Price spread now: Phoenix against Vest+0.038%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phoenix is 0.038% dearer against Vest than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest CBRS-USD-PERP | 209.34 | 0.0029 | pay 0.0004% / 1h | 30m 47s | — | $97K | 10x |
| Short | Phoenix CBRS | 209.42 | 0.0038 | get 0.0005% / 1h | 30m 47s | $1K | $111K | 10x |
Vest CBRS-USD-PERP
Phoenix CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Vest. 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
- $1.86
- Price spread: +0.038% → 0.000%
- $3.82
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$3.32
- Costs to cover
- 0.090%
- Break-even
- 19.5 days
Slippage unknown: Vest: no order-book sample; Phoenix: live order book, 34 min ago. Net counts fees only.
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 Vest no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 34 min ago | 11.46 bp | 45.4 bp −$45 | 116.2 bp −$1,162 | doesn't fit | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0973% | 4h | 209.85 | +0.246% | $24K | $222K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.83 | +0.232% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.92 | +0.277% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.94 | +0.287% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.90 | +0.268% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.91 | +0.272% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.92 | +0.277% | $227 | $213K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.11 | +0.368% | $1K | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.98 | +0.306% | $9K | $9K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.430% | $114K | $114K | 10x | as long as short |
edgeX CBRSUSDC
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Coinbase International CBRS-PERP-INTXShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0029% | 1h | 209.58 | +0.115% | $42.9M | $3.6M | 10x | as long as short |
| Vest CBRS-USD-PERPlong | +0.0029% | 1h | 209.34 | long leg | — | $97K | 10x | |
| QFEX CBRS-USD | +0.0031% | 1h | 209.71 | +0.177% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.71 | +0.177% | $91K | $845K | 10x | as long as short |
| Phoenix CBRSshort | +0.0038% | 1h | 209.42 | +0.038% | $1K | $111K | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.58 | +0.115% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.73 | +0.186% | $343K | $924K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0084% | 1h | 209.80 | +0.220% | $12K | $5K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.91 | +0.272% | $152K | $105K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.76 | +0.201% | $25K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.89 | +0.263% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.84 | +0.238% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0432% | 8h | 209.86 | +0.247% | $424K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0456% | 8h | 209.81 | +0.225% | $147K | $71K | 20x | as long as short |
| Binance CBRSUSDT | +0.0460% | 8h | 209.92 | +0.277% | $10.3M | $29.7M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0464% | 1h | 209.90 | +0.266% | $45K | $285K | 10x | as long as short |
tradeXYZ xyz:CBRS
QFEX CBRS-USD
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Deribit CBRS_USDC-PERPETUAL
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD