Funding you earn now, next payment 03:00 UTC+0.0237%/8h= +25.9% APRnext payment +$0.30 per $10,000 · paid last 24h +0.037%
Price spread now: Extended against QFEX+0.017%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$470.470% of the position
Funding, last 4 days (all we have)+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.017%, 7d avg −0.037%
=Together, before fees−0.061%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Extended is 0.054% dearer against QFEX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.037%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.037% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.30 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 | QFEX CBRS-USD | 209.22 | 0.0051 | pay 0.0006% / 1h | 52m 14s | $1.1M | $3.3M | 10x |
| Short | Extended CBRS_24_5-USD | 209.26 | 0.0288 | get 0.0036% / 1h | 52m 14s | $46K | $268K | 10x |
QFEX CBRS-USD
Extended CBRS_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against QFEX. 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
- $49.68
- Price spread: +0.017% → −0.037%
- $5.45
- Slippage, 4 orders
- −$31.95
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $8.17
- Costs to cover
- 0.470%
- Break-even
- 5.8 days
Slippage from QFEX: live order book, 11 min ago; Extended: live order book, 10 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 QFEX live order book, 11 min ago | 1.67 bp | 7.8 bp −$8 | 17.3 bp −$173 | doesn't fit | doesn't fit |
| Sell Extended live order book, 10 min ago | 1.91 bp | 16.7 bp −$17 | 192.7 bp −$1,927 | doesn't fit | doesn't fit |
CBRS on 25 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 | −0.0242% | 4h | 209.25 | +0.014% | $24K | $219K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 208.44 | −0.373% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.27 | +0.023% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.45 | +0.110% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.27 | +0.024% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.18 | −0.017% | $523 | $205K | 10x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.05 | −0.081% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.51 | +0.139% | $957 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.34 | +0.057% | $9K | $9K | 20x | as long as short |
| tradeXYZ xyz:CBRS | +0.0004% | 1h | 209.02 | −0.096% | $42.8M | $3.5M | 10x | as long as short |
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
tradeXYZ xyz:CBRSShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.82 | −0.191% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.21 | −0.005% | $90K | $826K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.13 | −0.043% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.20 | −0.010% | $339K | $736K | 10x | as long as short |
| QFEX CBRS-USDlong | +0.0051% | 1h | 209.22 | long leg | $1.1M | $3.3M | 10x | |
| Bybit CBRSUSDT | +0.0071% | 8h | 209.47 | +0.119% | $2.1M | $1.9M | 25x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.19 | −0.014% | $114K | $118K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.11 | −0.053% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.26 | +0.019% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.33 | +0.052% | $243 | — | 10x | as long as short |
| Gate CBRS_USDT | +0.0107% | 8h | 209.40 | +0.086% | $2.9M | $3.0M | 50x | as long as short |
| Variational Omni CBRS | +0.0265% | 8h | 209.23 | +0.005% | $423K | $119K | — | as long as short |
| Extended CBRS_24_5-USDshort | +0.0288% | 1h | 209.26 | +0.017% | $46K | $268K | 10x | |
| Binance CBRSUSDT | +0.0292% | 8h | 209.31 | +0.043% | $10.3M | $29.4M | 25x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1280% | 1h | 209.44 | +0.105% | $12K | $5K | 10x | as long as short |
Vest CBRS-USD-PERP
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Bybit CBRSUSDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Gate CBRS_USDT
Variational Omni CBRS
Binance CBRSUSDT
Deribit CBRS_USDC-PERPETUAL