Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.053%
Price spread now: Phoenix against Gate−0.067%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1721.716% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 3 days (all we have)+0.147%+$15 · spread now −0.067%, 7d avg −0.054%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CBRS_USDT | 209.50 | 0 | get 0.0000% / 8h | 44m 42s | $2.9M | $3.0M | 50x |
| Short | Phoenix CBRS | 209.36 | 0 | get 0.0000% / 1h | 44m 42s | $1K | $111K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $0
- Price spread: −0.067% → −0.054%
- −$1.24
- Slippage, 4 orders
- −$149.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$172.87
- Costs to cover
- 1.716%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Phoenix: live order book, 25 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, 3 min ago | 4.77 bp | 26.8 bp −$27 | 40.9 bp −$409 | 53.9 bp −$5,386 | doesn't fit |
| Sell Phoenix live order book, 25 min ago | 15.30 bp | 63.2 bp −$63 | 212.7 bp −$2,127 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CBRSUSDT | 0.0000% | 8h | 209.19 | −0.149% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.40 | −0.048% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.41 | −0.043% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDTlong | 0.0000% | 8h | 209.50 | long leg | $2.9M | $3.0M | 50x | |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.31 | −0.091% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRSshort | 0.0000% | 1h | 209.36 | −0.067% | $1K | $111K | 10x | |
| SunX CBRS-USDT | 0.0000% | 8h | 209.63 | +0.062% | $1K | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.47 | −0.014% | $9K | $6K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.506% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 208.95 | −0.263% | — | $94K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USD | +0.0021% | 1h | 209.33 | −0.081% | $1.1M | $3.4M | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.13 | −0.177% | $42.8M | $3.6M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.24 | −0.124% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.37 | −0.062% | $347K | $913K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0084% | 1h | 209.40 | −0.048% | $12K | $4K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.13 | −0.177% | $143K | $93K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.08 | −0.200% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.36 | −0.067% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.43 | −0.035% | $243 | — | 10x | as long as short |
| Lighter CBRS | +0.0216% | 1h | 209.44 | −0.029% | $93K | $861K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0318% | 4h | 209.37 | −0.063% | $24K | $221K | 10x | as long as short |
| Variational Omni CBRS | +0.0405% | 8h | 209.37 | −0.063% | $423K | $321K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0440% | 1h | 209.30 | −0.094% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0445% | 8h | 209.26 | −0.116% | $10.3M | $30.0M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0464% | 8h | 209.39 | −0.053% | $146K | $70K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0548% | 8h | 209.42 | −0.038% | $477 | $227K | 10x | as long as short |
Gate CBRS_USDT
Phoenix CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Coinbase International CBRS-PERP-INTX
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Deribit CBRS_USDC-PERPETUAL
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Lighter CBRS
edgeX CBRSUSDC
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp