Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.046%
Price spread now: OKX against tradeXYZ+0.171%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$590.590% of the position
Funding, last 7 days+0.244%+$24 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now +0.171%, 7d avg +0.120%
=Together, before fees+0.196%+ Points / potential airdroptradeXYZ: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.051% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.171% now, against its 7-day average of +0.120%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.244%, so the current rate has only just turned against you.
| 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 28s | $43.0M | $3.5M | 10x |
| Short | OKX CBRS-USDT-SWAP | 210.28 | 0 | get 0.0000% / 8h | 5h 00m | $2.2M | $3.5M | 25x |
tradeXYZ xyz:CBRS
OKX CBRS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.171% → +0.120%
- $5.1
- Slippage, 4 orders
- −$30.96
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$64.36
- Costs to cover
- 0.590%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; OKX: live order book, 2 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 OKX live order book, 2 min ago | 0.24 bp | 20.0 bp −$20 | 70.5 bp −$705 | 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 | 210.07 | +0.071% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAPshort | 0.0000% | 8h | 210.28 | +0.171% | $2.2M | $3.5M | 25x | |
| 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
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 | 210.05 | +0.062% | $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 | 210.02 | +0.048% | $115K | $115K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.96 | +0.019% | $25K | $139K | 50x | as long as short |
| 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 | 210.11 | +0.093% | $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 | 210.13 | +0.102% | $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
ApeX Omni CBRSUSDT
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