Funding you earn now, next payment 02:00 UTC+0.0717%/8h= +78.5% APRpaid last 24h +0.096%
Price spread now: tradeXYZ against edgeX+0.022%46s7-day average −0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as 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−$460.464% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 4 days (all we have)+0.087%+$9 · spread now +0.022%, 7d avg −0.100%
=Together, before fees+0.248%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and tradeXYZ is 0.122% dearer against edgeX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.100%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.161% in total (about 8.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CBRSUSDC | 209.22 | −0.0833 | get 0.0416% / 4h | 2h 14m | $24K | $220K | 10x |
| Short | tradeXYZ xyz:CBRS | 209.27 | −0.0116 | pay 0.0015% / 1h | 14m 44s | $42.9M | $3.5M | 10x |
edgeX CBRSUSDC
tradeXYZ xyz:CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against edgeX. 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
- $150.52
- Price spread: +0.022% → −0.100%
- $12.19
- Slippage, 4 orders
- −$19.4
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $116.31
- Costs to cover
- 0.464%
- Break-even
- 1.6 days
Slippage from edgeX: live order book, 52 min ago; tradeXYZ: live order book, 5 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 edgeX live order book, 52 min ago | 5.48 bp | 10.4 bp −$10 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDClong | −0.0833% | 4h | 209.22 | long leg | $24K | $220K | 10x | |
| tradeXYZ xyz:CBRSshort | −0.0116% | 1h | 209.27 | +0.022% | $42.9M | $3.5M | 10x | |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.374% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.51 | +0.139% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.45 | +0.108% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.44 | +0.103% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.21 | −0.005% | $795 | $206K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.74 | +0.247% | $1K | $3.0M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.50 | +0.132% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.59 | +0.175% | $9K | $9K | 20x | as long as short |
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0019% | 1h | 209.11 | −0.054% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.44 | +0.103% | $90K | $850K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.42 | +0.094% | $1.1M | $3.3M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.13 | −0.045% | $1K | $109K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.27 | +0.022% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.48 | +0.123% | $340K | $741K | 10x | as long as short |
| Gate CBRS_USDT | +0.0065% | 8h | 209.60 | +0.180% | $2.9M | $3.0M | 50x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.46 | +0.113% | $115K | $120K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.30 | +0.037% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.49 | +0.127% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.53 | +0.147% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0104% | 8h | 209.57 | +0.166% | $2.1M | $1.9M | 25x | as long as short |
| Variational Omni CBRS | +0.0316% | 8h | 209.46 | +0.111% | $423K | $124K | — | as long as short |
| Binance CBRSUSDT | +0.0343% | 8h | 209.49 | +0.127% | $10.3M | $29.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0344% | 1h | 209.44 | +0.103% | $44K | $271K | 10x | as long as short |
Vest CBRS-USD-PERP
Lighter CBRS
QFEX CBRS-USD
Phoenix CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Gate CBRS_USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Bybit CBRSUSDT
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD