Funding you earn now, next payment 10:00 UTC+0.0133%/8h= +14.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.008%
Price spread now: Vest against Phoenix−0.145%58s7-day average +0.383% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)−0.140%−$14 · spread now −0.145%, 7d avg +0.383%
=Together, before fees−0.056%+ Points / potential airdropVest: Active · farm board−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.528% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.145% now, against its 7-day average of +0.383%). If the spread goes back, that is −$53 on $10k: about 13 days of funding at the current rate (+$4 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CBRS | 207.58 | −0.0116 | get 0.0014% / 1h | 56m 30s | $1K | $109K | 10x |
| Short | Vest CBRS-USD-PERP | 207.28 | 0.0017 | get 0.0002% / 1h | 56m 30s | — | $108K | 10x |
Phoenix CBRS
Vest CBRS-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Phoenix. 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
- $27.98
- Price spread: −0.145% → +0.383%
- −$52.8
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$33.82
- Costs to cover
- 0.090%
- Break-even
- 15.5 days
Slippage unknown: Phoenix: live order book, 41 min ago; Vest: no order-book sample. 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 Phoenix live order book, 41 min ago | 10.61 bp | 38.9 bp −$39 | 112.5 bp −$1,125 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.1772% | 1h | 207.25 | −0.159% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0869% | 1h | 207.26 | −0.154% | $42.5M | $4.1M | 10x | as long as short |
| Lighter CBRS | −0.0296% | 1h | 207.41 | −0.082% | $90K | $1.2M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0188% | 4h | 207.68 | +0.049% | $23K | $221K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | −0.0181% | 1h | 207.22 | −0.173% | $326K | $736K | 10x | as long as short |
| QFEX CBRS-USD | −0.0160% | 1h | 207.20 | −0.183% | $1.1M | $2.9M | 10x | as long as short |
| Phoenix CBRSlong | −0.0116% | 1h | 207.58 | long leg | $1K | $109K | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 207.67 | +0.042% | $66K | $149K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 207.38 | −0.096% | $2.0M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.33 | −0.120% | $2.2M | $3.4M | 25x | as long as short |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Lighter CBRS
edgeX CBRSUSDC
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAPShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | 0.0000% | 8h | 207.28 | −0.145% | $2.3M | $2.8M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.02 | +0.212% | $946 | $2.4M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.76 | +0.087% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERPshort | +0.0017% | 1h | 207.28 | −0.145% | — | $108K | 10x | |
| Variational Omni CBRS | +0.0043% | 8h | 207.69 | +0.053% | $398K | $99K | — | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.43 | −0.072% | $49K | $939K | 10x | as long as short |
| Binance CBRSUSDT | +0.0080% | 8h | 207.33 | −0.123% | $10.2M | $33.2M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0088% | 1h | 207.26 | −0.156% | $44K | $376K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.61 | +0.014% | $821 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.64 | +0.029% | $114K | $323K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.54 | −0.019% | $24K | $138K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.55 | −0.017% | $241 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0120% | 8h | 207.36 | −0.106% | $150K | $75K | 20x | as long as short |
| Gate CBRS_USDT | +0.0152% | 8h | 207.40 | −0.087% | $2.9M | $3.3M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0272% | 1h | 210.27 | +1.296% | $115K | $107K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0410% | 8h | 207.70 | +0.058% | $563 | $237K | 10x | as long as short |
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Variational Omni CBRS
Polymarket Perps CBRS-USD
Binance CBRSUSDT
Extended CBRS_24_5-USD
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
BloFin CBRS-USDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
GRVT CBRS_USDT_Perp