Funding you earn now, next payment 06:00 UTC−0.1028%/8h= −112.6% APRpaid last 24h −0.147%
Price spread now: edgeX against Extended−0.007%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days−0.428%−$43 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.007%, 7d avg +0.019%
=Together, before fees−0.418%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and edgeX is 0.025% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.428% in total (about -22.3% 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 | Extended CBRS_24_5-USD | 205.37 | 0.0128 | pay 0.0016% / 1h | 25m 36s | $46K | $387K | 10x |
| Short | edgeX CBRSUSDC | 205.36 | −0.0900 | pay 0.0450% / 4h | 2h 25m | $23K | $220K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Extended. 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
- −$215.87
- Price spread: −0.007% → +0.019%
- −$2.51
- Slippage, 4 orders
- −$39.33
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$271.7
- Costs to cover
- 0.533%
- Break-even
- never at this rate
Slippage from Extended: live order book, 22 min ago; edgeX: live order book, 21 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 Extended live order book, 22 min ago | 2.17 bp | 16.4 bp −$16 | 150.4 bp −$1,504 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 21 min ago | 5.55 bp | 10.5 bp −$10 | 15.7 bp −$157 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDCshort | −0.0900% | 4h | 205.36 | −0.007% | $23K | $220K | 10x | |
| Bitget CBRSUSDT | −0.0639% | 8h | 205.44 | +0.033% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0233% | 1h | 205.08 | −0.142% | $41.9M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.57 | +0.095% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.62 | +0.121% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 205.36 | −0.006% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.70 | +0.159% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.66 | +0.140% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0014% | 1h | 204.95 | −0.206% | — | $105K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 205.34 | −0.016% | $1.1M | $3.1M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0048% | 1h | 205.16 | −0.103% | $89K | $880K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.18 | −0.094% | $50K | $1.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0063% | 8h | 205.38 | +0.002% | $400K | $85K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.34 | −0.016% | $114K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.40 | +0.013% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.38 | +0.004% | $812 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.38 | +0.003% | $238 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0126% | 8h | 205.47 | +0.048% | $10.0M | $30.3M | 25x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0127% | 1h | 205.55 | +0.086% | $334K | $714K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0128% | 8h | 205.43 | +0.028% | $147K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USDlong | +0.0128% | 1h | 205.37 | long leg | $46K | $387K | 10x | |
| GRVT CBRS_USDT_Perp | +0.0151% | 8h | 205.65 | +0.135% | $512 | $212K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0277% | 8h | 205.41 | +0.018% | $2.0M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0343% | 8h | 205.50 | +0.062% | $2.8M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +2.385% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0969% | 1h | 205.32 | −0.026% | $12K | $5K | 10x | as long as short |
Extended CBRS_24_5-USD
edgeX CBRSUSDC
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Binance CBRSUSDT
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL