Funding you earn now, next payment 08:00 UTC+0.0192%/8h= +21.0% APRpaid last 24h +0.031%
Price spread now: SunX against tradeXYZ+0.185%52s7-day average +0.214% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1501.500% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.185%, 7d avg +0.214%
=Together, before fees+0.187%+ Points / potential airdroptradeXYZ: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.029% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.185% now, against its 7-day average of +0.214%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.193% in total) that is about 25 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CBRS | 205.93 | −0.0192 | get 0.0024% / 1h | 31m 28s | $42.2M | $4.0M | 10x |
| Short | SunX CBRS-USDT | 206.31 | 0 | get 0.0000% / 8h | 31m 28s | $1K | $2.8M | 10x |
tradeXYZ xyz:CBRS
SunX CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against tradeXYZ. 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
- $40.28
- Price spread: +0.185% → +0.214%
- −$2.93
- Slippage, 4 orders
- −$124.04
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$112.69
- Costs to cover
- 1.500%
- Break-even
- 26.6 days
Slippage from tradeXYZ: live order book, 8 min ago; SunX: live order book, 6 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 tradeXYZ live order book, 8 min ago | 0.73 bp | 9.7 bp −$10 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 29.56 bp | 79.2 bp −$79 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0443% | 8h | 206.22 | +0.141% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRSlong | −0.0192% | 1h | 205.93 | long leg | $42.2M | $4.0M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 206.17 | +0.117% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.14 | +0.102% | $2.2M | $3.4M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 205.94 | +0.005% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDTshort | 0.0000% | 8h | 206.31 | +0.185% | $1K | $2.8M | 10x | |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 206.09 | +0.078% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.18 | +0.121% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0024% | 1h | 205.96 | +0.015% | — | $108K | 10x | as long as short |
| Variational Omni CBRS | +0.0026% | 8h | 205.97 | +0.022% | $402K | $90K | — | as long as short |
Bitget CBRSUSDT
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERP
Variational Omni CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 206.13 | +0.097% | $92K | $912K | 10x | as long as short |
| QFEX CBRS-USD | +0.0050% | 1h | 206.12 | +0.092% | $1.1M | $3.1M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.96 | +0.015% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.03 | +0.049% | $335K | $716K | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0072% | 1h | 206.13 | +0.097% | $44K | $385K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0073% | 8h | 206.14 | +0.102% | $147K | $71K | 20x | as long as short |
| Binance CBRSUSDT | +0.0073% | 8h | 206.19 | +0.124% | $10.1M | $30.6M | 25x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.12 | +0.092% | $114K | $106K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.09 | +0.078% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.05 | +0.058% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.07 | +0.067% | $239 | — | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0147% | 8h | 206.09 | +0.078% | $635 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0230% | 8h | 206.15 | +0.107% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0391% | 8h | 206.30 | +0.180% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +2.108% | $115K | $112K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0907% | 4h | 206.15 | +0.105% | $23K | $221K | 10x | as long as short |
Lighter CBRS
QFEX CBRS-USD
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Binance CBRSUSDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC