Funding you earn now, next payment 08:00 UTC−0.0284%/8h= −31.1% APRnext payment −$2.84 per $10,000 · paid last 24h −0.032%
Price spread now: SunX against Gate−0.005%7-day average +0.102% · 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−$186as in the Price arb table
costs, in and out, $10k−$1751.750% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.005%, 7d avg +0.102%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and SunX is 0.107% cheaper against Gate than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.102%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.115% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.84 per $10,000. 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 | 210.30 | 0.0284 | pay 0.0284% / 8h | 5h 02m | $2.9M | $3.0M | 50x |
| Short | SunX CBRS-USDT | 210.29 | 0 | get 0.0000% / 8h | 5h 02m | $1K | $3.0M | 10x |
Gate CBRS_USDT
SunX CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$59.64
- Price spread: −0.005% → +0.102%
- −$10.68
- Slippage, 4 orders
- −$152.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$245.35
- Costs to cover
- 1.750%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; SunX: live order book, 5 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 | 4.75 bp | 26.4 bp −$26 | 41.7 bp −$417 | 59.4 bp −$5,941 | doesn't fit |
| Sell SunX live order book, 5 min ago | 29.44 bp | 80.2 bp −$80 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 210.27 | −0.014% | $115K | $116K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 210.13 | −0.079% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.24 | −0.029% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 210.11 | −0.090% | $2.4M | $2.7M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.95 | −0.166% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDTshort | 0.0000% | 8h | 210.29 | −0.005% | $1K | $3.0M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 210.28 | −0.010% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.70 | −0.285% | — | $94K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0023% | 8h | 210.23 | −0.033% | $511 | $205K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 210.00 | −0.143% | $90K | $833K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
HTX CBRS-USDT
Vest CBRS-USD-PERP
GRVT CBRS_USDT_Perp
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | +0.0036% | 1h | 210.08 | −0.105% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.92 | −0.181% | $43.0M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 210.06 | −0.114% | $54K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 210.06 | −0.114% | $1.1M | $3.2M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0080% | 1h | 210.12 | −0.086% | $341K | $734K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 210.04 | −0.124% | $115K | $115K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.98 | −0.152% | $25K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 210.06 | −0.114% | $863 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.08 | −0.103% | $244 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0227% | 8h | 210.15 | −0.069% | $425K | $107K | — | as long as short |
| Binance CBRSUSDT | +0.0267% | 8h | 210.13 | −0.081% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0272% | 1h | 210.06 | −0.112% | $45K | $262K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0274% | 8h | 210.30 | 0.000% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDTlong | +0.0284% | 8h | 210.30 | long leg | $2.9M | $3.0M | 50x | |
| BloFin CBRS-USDT | +0.0284% | 8h | 210.07 | −0.109% | $105K | $69K | 20x | as long as short |
| edgeX CBRSUSDC | +0.0749% | 4h | 210.23 | −0.033% | $24K | $220K | 10x | as long as short |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
QFEX CBRS-USD
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
Bybit CBRSUSDT
BloFin CBRS-USDT
edgeX CBRSUSDC