Funding you earn now, next payment 00:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.08 per $10,000 · paid last 24h −0.035%
Price spread now: Phoenix against Aevo−0.058%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phoenix is 0.058% cheaper against Aevo than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 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 | Aevo CBRS-PERP | 209.99 | 0.0104 | pay 0.0013% / 1h | 1m 31s | $244 | — | 10x |
| Short | Phoenix CBRS | 209.87 | 0.0038 | get 0.0005% / 1h | 1m 31s | $1K | $111K | 10x |
Aevo CBRS-PERP
Phoenix CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aevo. 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
- −$13.83
- Price spread: −0.058% → 0.000%
- −$5.79
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$42.62
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Phoenix: live order book, 63 min ago. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 63 min ago | 11.46 bp | 45.4 bp −$45 | 116.2 bp −$1,162 | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CBRSUSDT | 0.0000% | 8h | 209.89 | −0.049% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.94 | −0.025% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.95 | −0.020% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.98 | −0.007% | $1K | $211K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.40 | +0.195% | $968 | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.00 | +0.004% | $9K | $9K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.739% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0030% | 1h | 209.68 | −0.148% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 209.85 | −0.067% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.90 | −0.044% | $91K | $869K | 10x | as long as short |
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRSshort | +0.0038% | 1h | 209.87 | −0.058% | $1K | $111K | 10x | |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.79 | −0.096% | $42.9M | $3.6M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.87 | −0.058% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 210.08 | +0.042% | $342K | $924K | 10x | as long as short |
| Gate CBRS_USDT | +0.0070% | 8h | 210.00 | +0.004% | $2.9M | $3.0M | 50x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.91 | −0.039% | $114K | $122K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.88 | −0.053% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.97 | −0.010% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERPlong | +0.0104% | 1h | 209.99 | long leg | $244 | — | 10x | |
| Bybit CBRSUSDT | +0.0194% | 8h | 210.01 | +0.009% | $2.0M | $1.9M | 25x | as long as short |
| edgeX CBRSUSDC | +0.0394% | 4h | 209.93 | −0.029% | $24K | $221K | 10x | as long as short |
| Variational Omni CBRS | +0.0406% | 8h | 209.88 | −0.053% | $424K | $321K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0440% | 1h | 209.86 | −0.063% | $46K | $270K | 10x | as long as short |
| Binance CBRSUSDT | +0.0441% | 8h | 209.91 | −0.039% | $10.3M | $29.7M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0451% | 8h | 209.88 | −0.053% | $147K | $71K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0656% | 1h | 209.92 | −0.034% | $12K | $5K | 10x | as long as short |
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Gate CBRS_USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Bybit CBRSUSDT
edgeX CBRSUSDC
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL