Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Phoenix against Aster−0.183%115s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as 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−$1381.377% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)+0.510%+$51 · spread now −0.183%, 7d avg −0.048%
=Together, before fees+0.467%+ Points / potential airdropAster: Stage 5 · farm board+$47 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phoenix is 0.136% cheaper against Aster than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.048%. The two prices were read 115 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 | Aster CBRSUSDT | 206.23 | 0 | get 0.0000% / 8h | 13m 32s | $65K | $147K | 20x |
| Short | Phoenix CBRS | 205.85 | 0 | get 0.0000% / 1h | 13m 32s | $1K | $108K | 10x |
Aster CBRSUSDT
Phoenix CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aster. 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
- $0
- Price spread: −0.183% → −0.048%
- −$13.56
- Slippage, 4 orders
- −$122.66
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$151.22
- Costs to cover
- 1.377%
- Break-even
- never at this rate
Slippage from Aster: live order book, 23 min ago; Phoenix: live order book, 16 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 Aster live order book, 23 min ago | 3.88 bp | 24.4 bp −$24 | 335.2 bp −$3,352 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 16 min ago | 11.65 bp | 47.2 bp −$47 | 123.2 bp −$1,232 | 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 | −0.0409% | 8h | 206.28 | +0.025% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0267% | 1h | 205.93 | −0.145% | $42.2M | $3.9M | 10x | as long as short |
| Aster CBRSUSDTlong | 0.0000% | 8h | 206.23 | long leg | $65K | $147K | 20x | |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.24 | +0.006% | $2.2M | $3.4M | 25x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 206.11 | −0.056% | $401K | $90K | — | as long as short |
| Phoenix CBRSshort | 0.0000% | 1h | 205.85 | −0.183% | $1K | $108K | 10x | |
| SunX CBRS-USDT | 0.0000% | 8h | 206.33 | +0.049% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.27 | +0.020% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0025% | 1h | 206.02 | −0.101% | — | $108K | 10x | as long as short |
| Binance CBRSUSDT | +0.0029% | 8h | 206.23 | +0.001% | $10.1M | $30.6M | 25x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
OKX CBRS-USDT-SWAP
Variational Omni CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Binance CBRSUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 206.00 | −0.111% | $93K | $926K | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0032% | 1h | 206.18 | −0.024% | $44K | $384K | 10x | as long as short |
| QFEX CBRS-USD | +0.0050% | 1h | 206.13 | −0.048% | $1.1M | $3.0M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.96 | −0.130% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.19 | −0.018% | $334K | $717K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0052% | 8h | 206.24 | +0.006% | $147K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0089% | 8h | 206.19 | −0.018% | $518 | $217K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.13 | −0.048% | $114K | $110K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.13 | −0.048% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.21 | −0.009% | $816 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.17 | −0.026% | $239 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0174% | 8h | 206.24 | +0.006% | $2.1M | $2.0M | 25x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0332% | 1h | 206.16 | −0.033% | $12K | $5K | 10x | as long as short |
| Gate CBRS_USDT | +0.0387% | 8h | 206.40 | +0.083% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +1.960% | $115K | $112K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0692% | 4h | 206.18 | −0.023% | $23K | $222K | 10x | as long as short |
Lighter CBRS
Extended CBRS_24_5-USD
QFEX CBRS-USD
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Bybit CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC