Funding you earn now, next payment 06:00 UTC+0.0600%/8h= +65.7% APRpaid last 24h +0.057%
Price spread now: Coinbase International against SunX+1.865%7-day average −0.155% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs+$42as in the Price arb table
costs, in and out, $10k−$1601.604% of the position
Funding, last 7 days+0.328%+$33 on $10k
+Price spread, last 4 days (all we have)−2.067%−$207 · spread now +1.865%, 7d avg −0.155%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Coinbase International is 2.020% dearer against SunX than usual: you sell high and buy low: +$202 more if the spread goes back to its 7-day average of −0.155%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.328% in total (about 17.1% 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 | SunX CBRS-USDT | 206.42 | 0 | get 0.0000% / 8h | 1h 17m | $1K | $2.8M | 10x |
| Short | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0600 | get 0.0075% / 1h | 17m 50s | $115K | $116K | 10x |
SunX CBRS-USDT
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SunX. 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
- $126
- Price spread: +1.865% → −0.155%
- $201.97
- Slippage, 4 orders
- −$142.35
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $167.62
- Costs to cover
- 1.604%
- Break-even
- from the start
Slippage from SunX: live order book, 10 min ago; Coinbase International: live order book, 25 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 SunX live order book, 10 min ago | 29.60 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 25 min ago | 5.35 bp | 11.9 bp −$12 | 18.4 bp −$184 | 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 | −0.0617% | 8h | 206.41 | −0.005% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0181% | 1h | 206.04 | −0.184% | $42.2M | $4.1M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.33 | −0.044% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.41 | −0.005% | $2.2M | $3.4M | 25x | as long as short |
| SunX CBRS-USDTlong | 0.0000% | 8h | 206.42 | long leg | $1K | $2.8M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 206.29 | −0.063% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 206.06 | −0.174% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.09 | −0.160% | $91K | $898K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 205.86 | −0.271% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.05 | −0.179% | $51K | $1.1M | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.24 | −0.087% | $336K | $719K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 206.28 | −0.068% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0095% | 8h | 206.14 | −0.136% | $401K | $100K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.19 | −0.111% | $114K | $109K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.12 | −0.145% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.27 | −0.073% | $816 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.26 | −0.078% | $239 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0142% | 8h | 206.35 | −0.034% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 206.30 | −0.059% | $46K | $391K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0176% | 8h | 206.23 | −0.092% | $147K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0220% | 8h | 206.20 | −0.107% | $450 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0326% | 8h | 206.22 | −0.097% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0385% | 8h | 206.40 | −0.010% | $2.9M | $3.0M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0575% | 1h | 206.22 | −0.097% | $12K | $5K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | +0.0600% | 1h | 210.27 | +1.865% | $115K | $116K | 10x | |
| edgeX CBRSUSDC | +0.0858% | 4h | 206.18 | −0.117% | $23K | $221K | 10x | as long as short |
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
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC