Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.011%
Price spread now: SunX against QFEX+0.121%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1451.447% of the position
Funding, last 4 days (all we have)−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.121%, 7d avg +0.099%
=The price spread pays, funding is against you. SunX is 0.022% dearer against QFEX than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.099%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 36 hours. At the pace of the last 4 days (−0.012% in total) that is about 7.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CBRS-USD | 206.36 | 0.0050 | pay 0.0006% / 1h | 47m 26s | $1.1M | $3.0M | 10x |
| Short | SunX CBRS-USDT | 206.61 | 0 | get 0.0000% / 8h | 47m 26s | $1K | $2.8M | 10x |
QFEX CBRS-USD
SunX CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against QFEX. 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
- −$10.43
- Price spread: +0.121% → +0.099%
- $2.24
- Slippage, 4 orders
- −$126.72
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$152.92
- Costs to cover
- 1.447%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; SunX: live order book, 10 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 QFEX live order book, 6 min ago | 1.70 bp | 8.2 bp −$8 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 30.05 bp | 79.6 bp −$80 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0949% | 4h | 206.02 | −0.166% | $23K | $221K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0505% | 8h | 206.43 | +0.034% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0178% | 1h | 206.19 | −0.082% | $42.2M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.55 | +0.090% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.54 | +0.087% | $2.2M | $3.4M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 205.79 | −0.276% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDTshort | 0.0000% | 8h | 206.61 | +0.121% | $1K | $2.8M | 10x | |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 206.30 | −0.029% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.39 | +0.015% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0023% | 1h | 206.11 | −0.121% | — | $108K | 10x | as long as short |
edgeX CBRSUSDC
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 206.26 | −0.048% | $92K | $909K | 10x | as long as short |
| QFEX CBRS-USDlong | +0.0050% | 1h | 206.36 | long leg | $1.1M | $3.0M | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.15 | −0.102% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.96 | −0.194% | $334K | $716K | 10x | as long as short |
| Variational Omni CBRS | +0.0051% | 8h | 206.03 | −0.158% | $401K | $93K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.32 | −0.019% | $113K | $105K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.19 | −0.082% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.46 | +0.048% | $817 | $1K | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0104% | 1h | 206.31 | −0.025% | $44K | $388K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.29 | −0.034% | $239 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0104% | 8h | 206.44 | +0.038% | $10.1M | $30.5M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0114% | 8h | 206.34 | −0.010% | $147K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0176% | 8h | 206.03 | −0.160% | $653 | $218K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0258% | 8h | 206.35 | −0.005% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0385% | 8h | 206.60 | +0.116% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +1.895% | $115K | $112K | 10x | as long as short |
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Extended CBRS_24_5-USD
Aevo CBRS-PERP
Binance CBRSUSDT
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX