Funding you earn now, next payment 08:00 UTC−0.0391%/8h= −42.8% APRnext payment −$3.91 per $10,000 · paid last 24h −0.032%
Price spread now: SunX against Gate+0.039%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1601.602% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.039%, 7d avg +0.101%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and SunX is 0.062% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.101%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.115% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.91 per $10,000. 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 | Gate CBRS_USDT | 206.40 | 0.0391 | pay 0.0391% / 8h | 5m 04s | $2.9M | $3.0M | 50x |
| Short | SunX CBRS-USDT | 206.48 | 0 | get 0.0000% / 8h | 5m 04s | $1K | $2.8M | 10x |
Gate CBRS_USDT
SunX CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Gate. 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
- −$82.11
- Price spread: +0.039% → +0.101%
- −$6.17
- Slippage, 4 orders
- −$137.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$248.44
- Costs to cover
- 1.602%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; SunX: live order book, 3 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 Gate live order book, 3 min ago | 2.42 bp | 14.2 bp −$14 | 39.4 bp −$394 | 62.5 bp −$6,249 | doesn't fit |
| Sell SunX live order book, 3 min ago | 29.77 bp | 79.3 bp −$79 | doesn't fit | 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 | −0.0382% | 8h | 206.31 | −0.044% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0259% | 1h | 206.07 | −0.160% | $42.2M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.19 | −0.102% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.31 | −0.044% | $2.2M | $3.4M | 25x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 206.22 | −0.086% | $401K | $90K | — | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 205.90 | −0.242% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDTshort | 0.0000% | 8h | 206.48 | +0.039% | $1K | $2.8M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 206.32 | −0.039% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0025% | 1h | 205.93 | −0.228% | — | $108K | 10x | as long as short |
| Binance CBRSUSDT | +0.0031% | 8h | 206.27 | −0.062% | $10.1M | $30.6M | 25x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Variational Omni CBRS
Phoenix CBRS
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 | 205.92 | −0.233% | $91K | $929K | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0032% | 1h | 206.19 | −0.101% | $44K | $385K | 10x | as long as short |
| QFEX CBRS-USD | +0.0050% | 1h | 206.20 | −0.097% | $1.2M | $3.1M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.01 | −0.189% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.21 | −0.092% | $334K | $716K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0057% | 8h | 206.29 | −0.053% | $147K | $72K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0085% | 8h | 206.22 | −0.087% | $524 | $218K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.12 | −0.136% | $114K | $116K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.99 | −0.199% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.24 | −0.078% | $816 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.23 | −0.081% | $239 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0158% | 8h | 206.20 | −0.097% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDTlong | +0.0391% | 8h | 206.40 | long leg | $2.9M | $3.0M | 50x | |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +1.875% | $115K | $112K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0831% | 4h | 206.21 | −0.092% | $23K | $221K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1450% | 1h | 206.23 | −0.082% | $12K | $5K | 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
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL