Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.011%
Price spread now: QFEX against SunX−0.170%7-day average −0.099% · 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−$150as in the Price arb table
costs, in and out, $10k−$1431.426% of the position
Funding, last 4 days (all we have)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.170%, 7d avg −0.099%
=Funding pays, the price is against you. QFEX is 0.071% cheaper against SunX than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.099%). If the spread goes back, that is −$7 on $10k: about 4.7 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.012% in total) that is about 23 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CBRS-USDT | 206.44 | 0 | get 0.0000% / 8h | 10m 28s | $1K | $2.8M | 10x |
| Short | QFEX CBRS-USD | 206.09 | 0.0050 | get 0.0006% / 1h | 10m 28s | $1.1M | $3.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $10.43
- Price spread: −0.170% → −0.099%
- −$7.08
- Slippage, 4 orders
- −$124.59
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$139.23
- Costs to cover
- 1.426%
- Break-even
- 100.4 days
Slippage from SunX: live order book, 7 min ago; QFEX: live order book, 3 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, 7 min ago | 29.30 bp | 47.7 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.21 bp | 8.7 bp −$9 | 17.2 bp −$172 | 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 | −0.0398% | 8h | 206.23 | −0.102% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0266% | 1h | 205.96 | −0.233% | $42.2M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.09 | −0.171% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.24 | −0.097% | $2.2M | $3.4M | 25x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 206.18 | −0.124% | $402K | $90K | — | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.09 | −0.170% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDTlong | 0.0000% | 8h | 206.44 | long leg | $1K | $2.8M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 206.40 | −0.019% | $9K | $10K | 20x | as long as short |
| BloFin CBRS-USDT | +0.0019% | 8h | 206.28 | −0.078% | $147K | $72K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0024% | 1h | 206.08 | −0.174% | $44K | $384K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CBRSUSDT | +0.0024% | 8h | 206.15 | −0.139% | $10.1M | $30.6M | 25x | as long as short |
| Vest CBRS-USD-PERP | +0.0025% | 1h | 205.97 | −0.228% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.85 | −0.286% | $94K | $926K | 10x | as long as short |
| QFEX CBRS-USDshort | +0.0050% | 1h | 206.09 | −0.170% | $1.1M | $3.1M | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.99 | −0.218% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.15 | −0.140% | $334K | $716K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0086% | 8h | 206.26 | −0.088% | $524 | $218K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.04 | −0.194% | $113K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.30 | −0.068% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.20 | −0.116% | $816 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.16 | −0.138% | $239 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0168% | 8h | 206.13 | −0.150% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0387% | 8h | 206.30 | −0.068% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +1.855% | $115K | $112K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0672% | 1h | 206.21 | −0.111% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0692% | 4h | 206.18 | −0.126% | $23K | $222K | 10x | as long as short |
SunX CBRS-USDT
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Variational Omni CBRS
Phoenix CBRS
HTX CBRS-USDT
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Lighter CBRS
Polymarket Perps CBRS-USD
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC