Funding you earn now, next payment 22:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h +0.059%
Price spread now: Coinbase International against Bitget−0.392%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$610.611% of the position
Funding, last 7 days+0.209%+$21 on $10k
+Price spread, last 3 days (all we have)+0.298%+$30 · spread now −0.392%, 7d avg −0.085%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.307% cheaper against Bitget than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CBRSUSDT | 209.26 | 0 | get 0.0000% / 8h | 1h 34m | $2.4M | $2.8M | 20x |
| Short | Coinbase International CBRS-PERP-INTX | 208.44 | −0.0008 | pay 0.0001% / 1h | 34m 21s | $114K | $114K | 10x |
Bitget CBRSUSDT
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bitget. 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
- −$1.68
- Price spread: −0.392% → −0.085%
- −$30.66
- Slippage, 4 orders
- −$39.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$93.4
- Costs to cover
- 0.611%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Coinbase International: live order book, 48 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 Bitget live order book, 3 min ago | 2.87 bp | 15.1 bp −$15 | 21.4 bp −$214 | 60.7 bp −$6,074 | doesn't fit |
| Sell Coinbase International live order book, 48 min ago | 6.24 bp | 12.5 bp −$12 | 23.7 bp −$237 | 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 | −0.0468% | 4h | 209.04 | −0.104% | $24K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0130% | 1h | 208.99 | −0.129% | $42.8M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | −0.0008% | 1h | 208.44 | −0.392% | $114K | $114K | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 209.05 | −0.100% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.20 | −0.029% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.30 | +0.019% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.20 | −0.029% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDTlong | 0.0000% | 8h | 209.26 | long leg | $2.4M | $2.8M | 20x | |
| Phoenix CBRS | 0.0000% | 1h | 208.77 | −0.234% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.41 | +0.072% | $1K | $3.3M | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Phoenix CBRS
SunX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CBRS-USDT | 0.0000% | 8h | 209.28 | +0.010% | $9K | $6K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.04 | −0.105% | — | $90K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 209.22 | −0.019% | $1.1M | $3.3M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.00 | −0.124% | $90K | $890K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.12 | −0.067% | $31K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.00 | −0.124% | $344K | $907K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.10 | −0.076% | $143K | $96K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.52 | −0.354% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.20 | −0.029% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.15 | −0.051% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0143% | 8h | 209.13 | −0.064% | $422K | $321K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0184% | 1h | 209.23 | −0.015% | $43K | $246K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0185% | 8h | 209.19 | −0.033% | $146K | $70K | 20x | as long as short |
| Binance CBRSUSDT | +0.0186% | 8h | 209.26 | −0.002% | $10.3M | $30.3M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0348% | 8h | 209.09 | −0.082% | $688 | $235K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0707% | 1h | 209.24 | −0.010% | $12K | $52K | 10x | as long as short |
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
Deribit CBRS_USDC-PERPETUAL