Funding you earn now, next payment 03:00 UTC+0.0205%/8h= +22.4% APRpaid last 24h −0.014%
Price spread now: Gate against Coinbase International−0.128%7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$590.587% of the position
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 4 days (all we have)+0.239%+$24 · spread now −0.128%, 7d avg +0.102%
=Funding pays, the price is against you. Gate is 0.231% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of +0.102%). If the spread goes back, that is −$23 on $10k: about 3.7 days of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.204%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0104 | pay 0.0013% / 1h | 47m 02s | $115K | $116K | 10x |
| Short | Gate CBRS_USDT | 210.00 | 0.0309 | get 0.0309% / 8h | 4h 47m | $2.9M | $2.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Coinbase International. 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
- $43.05
- Price spread: −0.128% → +0.102%
- −$23.06
- Slippage, 4 orders
- −$33.71
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$38.72
- Costs to cover
- 0.587%
- Break-even
- 13.3 days
Slippage from Coinbase International: live order book, 11 min ago; Gate: live order book, 1 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 Coinbase International live order book, 11 min ago | 3.57 bp | 14.5 bp −$15 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.76 bp | 18.5 bp −$18 | 54.1 bp −$541 | 244.7 bp −$24.5K | 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 | −0.0659% | 4h | 209.82 | −0.212% | $24K | $220K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.88 | −0.186% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.89 | −0.181% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.87 | −0.190% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.88 | −0.185% | $531 | $205K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.07 | −0.095% | $1K | $3.0M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.82 | −0.214% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.01 | −0.124% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.50 | −0.366% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.82 | −0.214% | $91K | $832K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | +0.0038% | 1h | 209.83 | −0.209% | $1K | $108K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.69 | −0.276% | $42.9M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.78 | −0.233% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.81 | −0.219% | $340K | $723K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 209.82 | −0.214% | $1.1M | $3.2M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.84 | −0.204% | $115K | $115K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.76 | −0.243% | $25K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.87 | −0.190% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.87 | −0.188% | $243 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXlong | +0.0104% | 1h | 210.27 | long leg | $115K | $116K | 10x | |
| Variational Omni CBRS | +0.0193% | 8h | 209.92 | −0.167% | $424K | $104K | — | as long as short |
| Binance CBRSUSDT | +0.0229% | 8h | 209.88 | −0.186% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0232% | 1h | 209.84 | −0.203% | $45K | $264K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0252% | 8h | 209.93 | −0.162% | $149K | $69K | 20x | as long as short |
| Bybit CBRSUSDT | +0.0299% | 8h | 210.01 | −0.124% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDTshort | +0.0309% | 8h | 210.00 | −0.128% | $2.9M | $2.9M | 50x |
Coinbase International CBRS-PERP-INTX
Gate CBRS_USDT
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Bybit CBRSUSDT