Funding you earn now, next payment 21:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.07 per $10,000 · paid last 24h −0.066%
Price spread now: QFEX against Coinbase International+0.106%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 3 days (all we have)−0.149%−$15 on $10k
+Price spread, last 3 days (all we have)+0.050%+$5 · spread now +0.106%, 7d avg +0.089%
=The price spread sits at its 7-day average of +0.089%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CBRS-PERP-INTX | 208.24 | 0.0072 | pay 0.0009% / 1h | 6m 43s | $113K | $113K | 10x |
| Short | QFEX CBRS-USD | 208.46 | 0.0017 | get 0.0002% / 1h | 6m 43s | $1.1M | $3.2M | 10x |
Coinbase International CBRS-PERP-INTX
QFEX CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$11.54
- Price spread: +0.106% → +0.089%
- $1.69
- Slippage, 4 orders
- −$22.36
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$52.21
- Costs to cover
- 0.424%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 16 min ago; QFEX: 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 Coinbase International live order book, 16 min ago | 6.24 bp | 12.3 bp −$12 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.92 bp | 9.6 bp −$10 | 21.8 bp −$218 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0155% | 1h | 208.23 | −0.005% | $42.7M | $3.6M | 10x | as long as short |
| Phoenix CBRS | −0.0038% | 1h | 208.39 | +0.072% | $1K | $112K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0038% | 1h | 208.47 | +0.110% | $12K | $52K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.35 | +0.052% | $65K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.46 | +0.106% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.48 | +0.115% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 208.50 | +0.125% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.43 | +0.091% | $2.4M | $2.8M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.61 | +0.178% | $1K | $3.4M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.48 | +0.115% | $9K | $6K | 20x | as long as short |
tradeXYZ xyz:CBRS
Phoenix CBRS
Deribit CBRS_USDC-PERPETUAL
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CBRS | +0.0011% | 8h | 208.45 | +0.101% | $421K | $321K | — | as long as short |
| QFEX CBRS-USDshort | +0.0017% | 1h | 208.46 | +0.106% | $1.1M | $3.2M | 10x | |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 208.19 | −0.024% | — | $90K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.33 | +0.043% | $90K | $932K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.32 | +0.038% | $24K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.35 | +0.053% | $329K | $883K | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0056% | 1h | 208.42 | +0.088% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0061% | 8h | 208.46 | +0.104% | $10.2M | $30.3M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0062% | 8h | 208.43 | +0.091% | $146K | $70K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTXlong | +0.0072% | 1h | 208.24 | long leg | $113K | $113K | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.33 | +0.043% | $142K | $97K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.53 | +0.139% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.44 | +0.096% | $856 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.51 | +0.129% | $242 | — | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0238% | 8h | 208.49 | +0.119% | $901 | $242K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0978% | 4h | 208.44 | +0.097% | $24K | $220K | 10x | as long as short |
Variational Omni CBRS
Vest CBRS-USD-PERP
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
GRVT CBRS_USDT_Perp
edgeX CBRSUSDC