Funding you earn now, next payment 06:00 UTC−0.0125%/8h= −13.7% APRpaid last 24h −0.099%
Price spread now: edgeX against Phoenix+0.029%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1361.364% of the position
Funding, last 7 days−0.246%−$25 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.029%, 7d avg +0.048%
=Together, before fees−0.345%+ Points / potential airdropedgeX: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CBRS | 205.60 | 0.0039 | pay 0.0005% / 1h | 41m 36s | $1K | $108K | 10x |
| Short | edgeX CBRSUSDC | 205.66 | −0.0086 | pay 0.0043% / 4h | 1h 41m | $23K | $222K | 10x |
Phoenix CBRS
edgeX CBRSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phoenix. 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
- −$26.21
- Price spread: +0.029% → +0.048%
- −$1.97
- Slippage, 4 orders
- −$120.43
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$164.6
- Costs to cover
- 1.364%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 58 min ago; edgeX: live order book, 65 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 Phoenix live order book, 58 min ago | 14.10 bp | 56.7 bp −$57 | 210.5 bp −$2,105 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 65 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0606% | 8h | 205.61 | +0.005% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0167% | 1h | 205.34 | −0.126% | $42.0M | $4.0M | 10x | as long as short |
| edgeX CBRSUSDCshort | −0.0086% | 4h | 205.66 | +0.029% | $23K | $222K | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 205.77 | +0.083% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.63 | +0.015% | $2.2M | $3.5M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.94 | +0.165% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.81 | +0.102% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 205.46 | −0.068% | — | $107K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.59 | −0.005% | $91K | $883K | 10x | as long as short |
| Phoenix CBRSlong | +0.0039% | 1h | 205.60 | long leg | $1K | $108K | 10x |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter 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 | 205.42 | −0.088% | $50K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.63 | +0.015% | $335K | $714K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 205.59 | −0.005% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0088% | 8h | 205.62 | +0.009% | $416K | $91K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.57 | −0.015% | $114K | $110K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.59 | −0.005% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.59 | −0.005% | $813 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.59 | −0.003% | $238 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0139% | 8h | 205.60 | +0.001% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 205.56 | −0.021% | $44K | $389K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0161% | 8h | 205.80 | +0.097% | $147K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0209% | 8h | 205.72 | +0.059% | $302 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0342% | 8h | 205.63 | +0.015% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0372% | 8h | 205.70 | +0.049% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +2.271% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1065% | 1h | 205.62 | +0.010% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL