Funding you earn now, next payment 02:00 UTC−0.0109%/8h= −11.9% APRpaid last 24h −0.044%
Price spread now: tradeXYZ against SunX−0.253%7-day average −0.211% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1551.546% of the position
Funding, last 7 days−0.215%−$22 on $10k
+Price spread, last 3 days (all we have)+0.074%+$7 · spread now −0.253%, 7d avg −0.211%
=Together, before fees−0.141%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and tradeXYZ is 0.042% cheaper against SunX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.211%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CBRS-USDT | 209.76 | 0 | get 0.0000% / 8h | 6h 13m | $1K | $3.0M | 10x |
| Short | tradeXYZ xyz:CBRS | 209.23 | −0.0109 | pay 0.0014% / 1h | 13m 11s | $42.9M | $3.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$22.84
- Price spread: −0.253% → −0.211%
- −$4.2
- Slippage, 4 orders
- −$128.56
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$181.59
- Costs to cover
- 1.546%
- Break-even
- never at this rate
Slippage from SunX: live order book, 4 min ago; tradeXYZ: live order book, 6 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, 4 min ago | 30.73 bp | 48.9 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.96 bp | 13.1 bp −$13 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRSshort | −0.0109% | 1h | 209.23 | −0.253% | $42.9M | $3.5M | 10x | |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.629% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.48 | −0.136% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.54 | −0.105% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.41 | −0.167% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.48 | −0.133% | $796 | $206K | 10x | as long as short |
| SunX CBRS-USDTlong | 0.0000% | 8h | 209.76 | long leg | $1K | $3.0M | 10x | |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.47 | −0.138% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.59 | −0.081% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 209.10 | −0.315% | — | $94K | 10x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.37 | −0.186% | $90K | $850K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.40 | −0.172% | $1.1M | $3.3M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.35 | −0.195% | $1K | $109K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.36 | −0.191% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.42 | −0.162% | $340K | $740K | 10x | as long as short |
| Gate CBRS_USDT | +0.0066% | 8h | 209.60 | −0.076% | $2.9M | $3.0M | 50x | as long as short |
| Bybit CBRSUSDT | +0.0085% | 8h | 209.49 | −0.129% | $2.1M | $1.9M | 25x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.36 | −0.191% | $115K | $120K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.37 | −0.186% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.44 | −0.153% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.46 | −0.145% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0316% | 8h | 209.46 | −0.145% | $423K | $124K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0336% | 1h | 209.42 | −0.161% | $44K | $271K | 10x | as long as short |
| Binance CBRSUSDT | +0.0337% | 8h | 209.49 | −0.129% | $10.3M | $29.5M | 25x | as long as short |
| edgeX CBRSUSDC | +0.0895% | 4h | 209.45 | −0.148% | $24K | $221K | 10x | as long as short |
SunX CBRS-USDT
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USD
Gate CBRS_USDT
Bybit CBRSUSDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
edgeX CBRSUSDC