Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.001%
Price spread now: QFEX against Vest+0.091%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.091% dearer against Vest than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 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 | Vest CBRS-USD-PERP | 208.99 | 0.0019 | pay 0.0002% / 1h | 47m 41s | — | $94K | 10x |
| Short | QFEX CBRS-USD | 209.18 | 0.0051 | get 0.0006% / 1h | 47m 41s | $1.1M | $3.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Vest. 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
- $6.8
- Price spread: +0.091% → 0.000%
- $9.09
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $3.9
- Costs to cover
- 0.120%
- Break-even
- 3.0 days
Slippage unknown: Vest: no order-book sample; QFEX: live order book, 5 min ago. Net counts fees only.
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 Vest no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 5 min ago | 1.67 bp | 8.3 bp −$8 | 16.6 bp −$166 | doesn't fit | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CBRS on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 208.44 | −0.263% | $114K | $114K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0003% | 1h | 209.04 | +0.024% | $42.8M | $3.5M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.30 | +0.151% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.34 | +0.167% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.27 | +0.134% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.27 | +0.133% | $523 | $205K | 10x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.05 | +0.029% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.51 | +0.249% | $957 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.47 | +0.230% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERPlong | +0.0019% | 1h | 208.99 | long leg | — | $94K | 10x |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.21 | +0.105% | $90K | $826K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.18 | +0.091% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.26 | +0.129% | $339K | $737K | 10x | as long as short |
| QFEX CBRS-USDshort | +0.0051% | 1h | 209.18 | +0.091% | $1.1M | $3.3M | 10x | |
| Bybit CBRSUSDT | +0.0087% | 8h | 209.41 | +0.201% | $2.1M | $1.9M | 25x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.29 | +0.144% | $114K | $118K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.04 | +0.024% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.28 | +0.139% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.32 | +0.156% | $243 | — | 10x | as long as short |
| Gate CBRS_USDT | +0.0125% | 8h | 209.40 | +0.196% | $2.9M | $3.0M | 50x | as long as short |
| Variational Omni CBRS | +0.0253% | 8h | 209.22 | +0.110% | $423K | $118K | — | as long as short |
| Binance CBRSUSDT | +0.0286% | 8h | 209.28 | +0.141% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0288% | 1h | 209.22 | +0.112% | $46K | $268K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0322% | 4h | 209.17 | +0.084% | $24K | $220K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0563% | 1h | 209.29 | +0.144% | $12K | $5K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Polymarket Perps CBRS-USD
Bybit CBRSUSDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Gate CBRS_USDT
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL