Funding you earn now, next payment 09:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h −0.045%
Price spread now: tradeXYZ against QFEX−0.210%49s7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.415% of the position
Funding, last 4 days (all we have)−0.095%−$9 on $10k
+Price spread, last 7 days+0.160%+$16 · spread now −0.210%, 7d avg −0.118%
=Together, before fees+0.065%+ Points / potential airdroptradeXYZ: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.092% cheaper against QFEX than usual: you would sell low and buy high (spread −0.210% now, against its 7-day average of −0.118%). If the spread goes back, that is −$9 on $10k: about 9.3 days of funding at the current rate (+$1 a day). Mind the row above: over the last 4 days funding on this pair cost −0.095%, so the current rate has only just turned in your favour. The two prices were read 49 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 | QFEX CBRS-USD | 204.86 | 0.0017 | pay 0.0002% / 1h | 33m 49s | $1.1M | $3.1M | 10x |
| Short | tradeXYZ xyz:CBRS | 204.43 | 0.0050 | get 0.0006% / 1h | 33m 49s | $41.9M | $4.0M | 10x |
QFEX CBRS-USD
tradeXYZ xyz:CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $6.9
- Price spread: −0.210% → −0.118%
- −$9.19
- Slippage, 4 orders
- −$13.54
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$43.82
- Costs to cover
- 0.415%
- Break-even
- 51.4 days
Slippage from QFEX: live order book, 4 min ago; tradeXYZ: live order book, 4 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, 4 min ago | 1.46 bp | 8.7 bp −$9 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.24 bp | 13.9 bp −$14 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0852% | 4h | 205.15 | +0.142% | $23K | $221K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | −0.0443% | 8h | 205.21 | +0.171% | $776 | $214K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0307% | 8h | 204.73 | −0.063% | $2.4M | $2.5M | 20x | as long as short |
| Lighter CBRS | −0.0240% | 1h | 204.74 | −0.059% | $91K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | −0.0230% | 1h | 204.85 | −0.005% | $333K | $707K | 10x | as long as short |
| Bybit CBRSUSDT | −0.0094% | 8h | 204.83 | −0.015% | $2.0M | $2.1M | 25x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 205.25 | +0.190% | $1K | $108K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0008% | 8h | 204.86 | 0.000% | $147K | $71K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 204.85 | −0.006% | $65K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 204.80 | −0.031% | $44K | $382K | 10x | as long as short |
edgeX CBRSUSDC
GRVT CBRS_USDT_Perp
Bitget CBRSUSDT
Lighter CBRS
Ondo Perps CBRS-USD.P
Bybit CBRSUSDT
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CBRSUSDT | 0.0000% | 8h | 204.80 | −0.028% | $10.1M | $31.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 204.66 | −0.098% | $2.2M | $3.4M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 204.90 | +0.020% | $2.9M | $3.1M | 50x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 204.85 | −0.007% | $392K | $98K | — | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 204.94 | +0.039% | $1K | $2.7M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 205.01 | +0.073% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.10 | +0.117% | $9K | $10K | 20x | as long as short |
| QFEX CBRS-USDlong | +0.0017% | 1h | 204.86 | long leg | $1.1M | $3.1M | 10x | |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 204.79 | −0.034% | — | $102K | 10x | as long as short |
| tradeXYZ xyz:CBRSshort | +0.0050% | 1h | 204.43 | −0.210% | $41.9M | $4.0M | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 204.55 | −0.151% | $50K | $472K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 204.84 | −0.010% | $810 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 204.91 | +0.024% | $114K | $148K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.22 | +0.176% | $24K | $137K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 204.83 | −0.016% | $238 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +2.641% | $115K | $108K | 10x | as long as short |
Binance CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Variational Omni CBRS
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERP
Polymarket Perps CBRS-USD
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX