Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.071%
Price spread now: ApeX Omni against tradeXYZ+0.019%45s7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$970.965% of the position
Funding, last 7 days+0.427%+$43 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.019%, 7d avg +0.075%
=Together, before fees+0.381%+ Points / potential airdroptradeXYZ: Active · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.056% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.075%). If the spread goes back, that is −$6 on $10k: about 3.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.427% in total) that is about 22 hours. The two prices were read 45 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 | tradeXYZ xyz:CBRS | 209.92 | 0.0050 | pay 0.0006% / 1h | 0m 37s | $43.0M | $3.5M | 10x |
| Short | ApeX Omni CBRSUSDT | 209.96 | 0.0100 | get 0.0013% / 1h | 0m 37s | $25K | $139K | 50x |
tradeXYZ xyz:CBRS
ApeX Omni CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against tradeXYZ. 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
- $10.5
- Price spread: +0.019% → +0.075%
- −$5.56
- Slippage, 4 orders
- −$68.51
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$91.57
- Costs to cover
- 0.965%
- Break-even
- 68.0 days
Slippage from tradeXYZ: live order book, 9 min ago; ApeX Omni: live order book, 60 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 tradeXYZ live order book, 9 min ago | 0.48 bp | 9.7 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 60 min ago | 27.02 bp | 37.5 bp −$38 | 204.6 bp −$2,046 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 210.27 | +0.167% | $115K | $116K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 210.13 | +0.099% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.28 | +0.171% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 210.11 | +0.091% | $2.4M | $2.7M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.95 | +0.014% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.35 | +0.205% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.21 | +0.138% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.70 | −0.105% | — | $94K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0022% | 8h | 210.11 | +0.092% | $511 | $205K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 210.01 | +0.043% | $90K | $834K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
GRVT CBRS_USDT_Perp
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRSlong | +0.0050% | 1h | 209.92 | long leg | $43.0M | $3.5M | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 210.06 | +0.067% | $54K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 210.09 | +0.081% | $1.1M | $3.2M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0078% | 1h | 210.12 | +0.095% | $341K | $733K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 210.06 | +0.067% | $115K | $115K | 20x | as long as short |
| ApeX Omni CBRSUSDTshort | +0.0100% | 1h | 209.96 | +0.019% | $25K | $139K | 50x | |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 210.07 | +0.071% | $863 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.17 | +0.118% | $244 | — | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0179% | 1h | 210.11 | +0.091% | $12K | $5K | 10x | as long as short |
| Variational Omni CBRS | +0.0218% | 8h | 210.11 | +0.092% | $425K | $106K | — | as long as short |
| BloFin CBRS-USDT | +0.0252% | 8h | 210.07 | +0.071% | $148K | $69K | 20x | as long as short |
| Binance CBRSUSDT | +0.0263% | 8h | 210.12 | +0.096% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0264% | 1h | 210.05 | +0.064% | $45K | $262K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0284% | 8h | 210.25 | +0.157% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0287% | 8h | 210.30 | +0.181% | $2.9M | $3.0M | 50x | as long as short |
| edgeX CBRSUSDC | +0.0749% | 4h | 210.23 | +0.147% | $24K | $220K | 10x | as long as short |
Polymarket Perps CBRS-USD
QFEX CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Deribit CBRS_USDC-PERPETUAL
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
Bybit CBRSUSDT
Gate CBRS_USDT
edgeX CBRSUSDC