Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Phoenix against SunX−0.172%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2082.080% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 3 days (all we have)+0.125%+$13 · spread now −0.172%, 7d avg −0.161%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CBRS-USDT | 209.05 | 0 | get 0.0000% / 8h | 1h 45m | $1K | $3.4M | 10x |
| Short | Phoenix CBRS | 208.69 | 0 | get 0.0000% / 1h | 45m 12s | $1K | $112K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $0
- Price spread: −0.172% → −0.161%
- −$1.13
- Slippage, 4 orders
- −$192.99
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$209.12
- Costs to cover
- 2.080%
- Break-even
- never at this rate
Slippage from SunX: live order book, 3 min ago; Phoenix: live order book, 30 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, 3 min ago | 29.65 bp | 48.2 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 30 min ago | 10.56 bp | 40.4 bp −$40 | 102.7 bp −$1,027 | 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 | −0.0901% | 4h | 208.78 | −0.127% | $24K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0150% | 1h | 208.60 | −0.215% | $42.7M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0008% | 1h | 208.44 | −0.292% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.66 | −0.186% | $65K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.85 | −0.096% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.80 | −0.120% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 208.80 | −0.120% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.83 | −0.105% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRSshort | 0.0000% | 1h | 208.69 | −0.172% | $1K | $112K | 10x | |
| SunX CBRS-USDTlong | 0.0000% | 8h | 209.05 | long leg | $1K | $3.4M | 10x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CBRS-USDT | 0.0000% | 8h | 208.81 | −0.115% | $9K | $6K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0023% | 1h | 208.71 | −0.163% | — | $90K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 208.81 | −0.115% | $1.1M | $3.3M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.70 | −0.167% | $92K | $883K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.72 | −0.158% | $31K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.60 | −0.215% | $344K | $906K | 10x | as long as short |
| Variational Omni CBRS | +0.0095% | 8h | 208.76 | −0.139% | $422K | $321K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.79 | −0.124% | $143K | $97K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.50 | −0.263% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.81 | −0.115% | $857 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.82 | −0.111% | $242 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0132% | 8h | 208.88 | −0.081% | $10.3M | $30.3M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 208.83 | −0.107% | $43K | $246K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0146% | 8h | 208.81 | −0.115% | $146K | $70K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0181% | 1h | 208.83 | −0.105% | $12K | $52K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0298% | 8h | 208.80 | −0.117% | $514 | $239K | 10x | as long as short |
SunX CBRS-USDT
Phoenix CBRS
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
HTX CBRS-USDT
Lighter CBRS
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
GRVT CBRS_USDT_Perp