Funding you earn now, next payment 04:00 UTC−0.0753%/8h= −82.5% APRpaid last 24h −0.172%
Price spread now: edgeX against Gate+0.073%52s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as 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−$600.601% of the position
Funding, last 7 days−0.490%−$49 on $10k
+Price spread, last 4 days (all we have)−0.282%−$28 · spread now +0.073%, 7d avg −0.008%
=Together, before fees−0.772%+ Points / potential airdropedgeX: Active · farm board−$77 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.081% dearer against Gate than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of −0.008%): +$8 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.490% in total) that is about 28 hours. The two prices were read 52 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 -0.490% in total (about -25.6% 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 | Gate CBRS_USDT | 209.20 | 0 | get 0.0000% / 8h | 6h 38m | $2.9M | $3.0M | 50x |
| Short | edgeX CBRSUSDC | 209.35 | −0.0753 | pay 0.0377% / 4h | 2h 38m | $24K | $219K | 10x |
Gate CBRS_USDT
edgeX CBRSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- −$158.19
- Price spread: +0.073% → −0.008%
- $8.09
- Slippage, 4 orders
- −$36.1
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$210.2
- Costs to cover
- 0.601%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; edgeX: live order book, 29 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 Gate live order book, 5 min ago | 4.78 bp | 20.9 bp −$21 | 36.6 bp −$366 | 55.7 bp −$5,570 | doesn't fit |
| Sell edgeX live order book, 29 min ago | 5.48 bp | 10.3 bp −$10 | 15.5 bp −$155 | 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 CBRSUSDCshort | −0.0753% | 4h | 209.35 | +0.073% | $24K | $219K | 10x | |
| tradeXYZ xyz:CBRS | −0.0340% | 1h | 208.93 | −0.129% | $42.8M | $3.5M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0132% | 1h | 209.09 | −0.053% | $12K | $5K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.363% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.22 | +0.011% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.22 | +0.010% | $2.1M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.16 | −0.019% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDTlong | 0.0000% | 8h | 209.20 | long leg | $2.9M | $3.0M | 50x | |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.18 | −0.010% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.20 | −0.001% | $456 | $208K | 10x | as long as short |
tradeXYZ xyz:CBRS
Deribit CBRS_USDC-PERPETUAL
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CBRS-USDT | 0.0000% | 8h | 209.39 | +0.091% | $1K | $3.1M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.24 | +0.019% | $9K | $9K | 20x | as long as short |
| Polymarket Perps CBRS-USD | +0.0017% | 1h | 208.92 | −0.134% | $53K | $1.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.83 | −0.177% | — | $97K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.00 | −0.096% | $90K | $845K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.04 | −0.076% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.03 | −0.081% | $1K | $109K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.09 | −0.053% | $339K | $891K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.21 | +0.005% | $114K | $121K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.19 | −0.005% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.20 | 0.000% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.00 | −0.094% | $242 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0347% | 8h | 209.12 | −0.037% | $423K | $235K | — | as long as short |
| Binance CBRSUSDT | +0.0365% | 8h | 209.16 | −0.019% | $10.2M | $29.6M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0368% | 1h | 209.11 | −0.042% | $46K | $268K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0414% | 8h | 209.37 | +0.081% | $148K | $71K | 20x | as long as short |
SunX CBRS-USDT
HTX CBRS-USDT
Polymarket Perps CBRS-USD
Vest CBRS-USD-PERP
Lighter CBRS
QFEX CBRS-USD
Phoenix CBRS
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT