Funding you earn now, next payment 06:00 UTC+0.0600%/8h= +65.7% APRpaid last 24h +0.057%
Price spread now: Coinbase International against SunX+2.103%7-day average −0.155% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs+$75as in the Price arb table
costs, in and out, $10k−$1511.506% of the position
Funding, last 7 days+0.328%+$33 on $10k
+Price spread, last 4 days (all we have)−2.304%−$230 · spread now +2.103%, 7d avg −0.155%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Coinbase International is 2.257% dearer against SunX than usual: you sell high and buy low: +$226 more if the spread goes back to its 7-day average of −0.155%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.328% in total (about 17.1% a year). A funding rate is set anew for every payment. 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 | SunX CBRS-USDT | 205.94 | 0 | get 0.0000% / 8h | 1h 42m | $1K | $2.9M | 10x |
| Short | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0600 | get 0.0075% / 1h | 42m 07s | $115K | $116K | 10x |
SunX CBRS-USDT
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SunX. 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
- $126
- Price spread: +2.103% → −0.155%
- $225.71
- Slippage, 4 orders
- −$132.62
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $201.09
- Costs to cover
- 1.506%
- Break-even
- from the start
Slippage from SunX: live order book, 5 min ago; Coinbase International: live order book, 1 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 SunX live order book, 5 min ago | 29.36 bp | 47.7 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 5.35 bp | 11.9 bp −$12 | 18.4 bp −$184 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0597% | 8h | 205.66 | −0.136% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0154% | 1h | 205.36 | −0.282% | $42.0M | $4.0M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0086% | 4h | 205.66 | −0.137% | $23K | $222K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.76 | −0.088% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.58 | −0.175% | $2.2M | $3.5M | 25x | as long as short |
| SunX CBRS-USDTlong | 0.0000% | 8h | 205.94 | long leg | $1K | $2.9M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 205.81 | −0.063% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 205.46 | −0.233% | — | $107K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.48 | −0.223% | $89K | $882K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 205.60 | −0.165% | $1K | $108K | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.42 | −0.253% | $50K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.63 | −0.151% | $335K | $715K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 205.68 | −0.126% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0088% | 8h | 205.62 | −0.156% | $416K | $91K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.58 | −0.175% | $114K | $110K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.59 | −0.170% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.59 | −0.170% | $813 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.59 | −0.168% | $238 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0142% | 8h | 205.61 | −0.160% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 205.56 | −0.182% | $44K | $389K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0161% | 8h | 205.80 | −0.068% | $147K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0209% | 8h | 205.72 | −0.106% | $302 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0346% | 8h | 205.63 | −0.151% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0372% | 8h | 205.80 | −0.068% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | +0.0600% | 1h | 210.27 | +2.103% | $115K | $116K | 10x | |
| Deribit CBRS_USDC-PERPETUAL | +0.1065% | 1h | 205.62 | −0.155% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL