Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h −0.030%
Price spread now: KuCoin against Coinbase International+0.691%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$435as in the Funding arb table
Net, price: spread back to 7d avg − costs−$365as in the Price arb table
costs, in and out, $10k−$4274.274% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 3 days (all we have)−0.587%−$59 · spread now +0.691%, 7d avg +0.068%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.622% dearer against Coinbase International than usual: you sell high and buy low: +$62 more if the spread goes back to its 7-day average of +0.068%. Mind the row above: over the last 7 days funding on this pair cost −0.074%, 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 | 208.44 | 0.0024 | pay 0.0003% / 1h | 5m 13s | $114K | $114K | 10x |
| Short | KuCoin CBRSUSDTM | 209.88 | 0.0100 | get 0.0100% / 8h | 7h 05m | $114K | $122K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $15.96
- Price spread: +0.691% → +0.068%
- $62.24
- Slippage, 4 orders
- −$405.42
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$349.22
- Costs to cover
- 4.274%
- Break-even
- 160.2 days
Slippage from Coinbase International: live order book, 2 min ago; KuCoin: live order book, 39 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, 2 min ago | 7.85 bp | 12.9 bp −$13 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 39 min ago | 9.76 bp | 172.8 bp −$173 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CBRSUSDT | 0.0000% | 8h | 209.90 | +0.699% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.00 | +0.748% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.93 | +0.715% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 210.01 | +0.752% | $1K | $211K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.17 | +0.830% | $1K | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.13 | +0.811% | $9K | $9K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTXlong | +0.0024% | 1h | 208.44 | long leg | $114K | $114K | 10x | |
| Vest CBRS-USD-PERP | +0.0030% | 1h | 209.53 | +0.523% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 209.85 | +0.676% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.92 | +0.710% | $91K | $869K | 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 | 209.79 | +0.648% | $1K | $111K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.70 | +0.604% | $42.9M | $3.6M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.76 | +0.633% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 210.01 | +0.753% | $342K | $924K | 10x | as long as short |
| Gate CBRS_USDT | +0.0053% | 8h | 210.00 | +0.748% | $2.9M | $3.0M | 50x | as long as short |
| KuCoin CBRSUSDTMshort | +0.0100% | 8h | 209.88 | +0.691% | $114K | $122K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 210.16 | +0.825% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.91 | +0.705% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.94 | +0.720% | $244 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0168% | 8h | 210.04 | +0.768% | $2.0M | $1.9M | 25x | as long as short |
| Variational Omni CBRS | +0.0406% | 8h | 209.88 | +0.691% | $424K | $321K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0440% | 1h | 209.86 | +0.681% | $46K | $270K | 10x | as long as short |
| Binance CBRSUSDT | +0.0443% | 8h | 209.91 | +0.705% | $10.3M | $29.7M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0467% | 8h | 209.96 | +0.729% | $147K | $71K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0608% | 1h | 209.89 | +0.696% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0807% | 4h | 209.97 | +0.735% | $24K | $221K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
KuCoin CBRSUSDTM
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Gate CBRS_USDT
ApeX Omni CBRSUSDT
Bybit CBRSUSDT
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC