Funding you earn now, next payment 05:00 UTC+0.0063%/8h= +6.9% APRpaid last 24h +0.005%
Price spread now: QFEX against OKX−0.043%54s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$610.608% of the position
Funding, last 4 days (all we have)+0.005%+$1 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.043%, 7d avg −0.015%
=Funding pays, the price is against you. QFEX is 0.029% cheaper against OKX than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of −0.015%). If the spread goes back, that is −$3 on $10k: about 37 hours of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.005% in total) that is about 19 days. The two prices were read 54 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 | OKX CBRS-USDT-SWAP | 207.40 | 0 | get 0.0000% / 8h | 3h 13m | $2.2M | $3.5M | 25x |
| Short | QFEX CBRS-USD | 207.31 | 0.0063 | get 0.0008% / 1h | 13m 35s | $1.1M | $3.1M | 10x |
OKX CBRS-USDT-SWAP
QFEX CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against OKX. 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
- $13.24
- Price spread: −0.043% → −0.015%
- −$2.88
- Slippage, 4 orders
- −$40.75
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$50.39
- Costs to cover
- 0.608%
- Break-even
- 33.6 days
Slippage from OKX: live order book, 4 min ago; QFEX: live order book, 4 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 OKX live order book, 4 min ago | 0.48 bp | 23.3 bp −$23 | 68.0 bp −$680 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.45 bp | 9.1 bp −$9 | 18.5 bp −$185 | 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 CBRSUSDC | −0.0944% | 4h | 207.23 | −0.083% | $23K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0342% | 1h | 207.08 | −0.154% | $42.3M | $3.7M | 10x | as long as short |
| Bitget CBRSUSDT | −0.0036% | 8h | 207.47 | +0.034% | $2.4M | $2.4M | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.27 | −0.062% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAPlong | 0.0000% | 8h | 207.40 | long leg | $2.2M | $3.5M | 25x | |
| SunX CBRS-USDT | 0.0000% | 8h | 207.66 | +0.125% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.37 | −0.014% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 207.11 | −0.140% | — | $98K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 207.26 | −0.068% | $89K | $864K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 207.23 | −0.082% | $1K | $108K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Bitget CBRSUSDT
Aster CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.15 | −0.121% | $51K | $1.1M | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0052% | 8h | 207.26 | −0.067% | $1K | $212K | 10x | as long as short |
| QFEX CBRS-USDshort | +0.0063% | 1h | 207.31 | −0.043% | $1.1M | $3.1M | 10x | |
| Variational Omni CBRS | +0.0065% | 8h | 207.38 | −0.010% | $418K | $82K | — | as long as short |
| Ondo Perps CBRS-USD.P | +0.0071% | 1h | 207.32 | −0.039% | $336K | $719K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.37 | −0.014% | $115K | $112K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.37 | −0.014% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.29 | −0.053% | $820 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.32 | −0.041% | $240 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0135% | 8h | 207.37 | −0.014% | $10.1M | $29.7M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 207.31 | −0.043% | $48K | $258K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0150% | 8h | 207.42 | +0.010% | $147K | $69K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.384% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0354% | 8h | 207.41 | +0.005% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0356% | 8h | 207.50 | +0.048% | $2.8M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1344% | 1h | 207.35 | −0.024% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
GRVT CBRS_USDT_Perp
Variational Omni CBRS
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL