Funding you earn now, next payment 02:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.13 per $10,000 · paid last 24h −0.089%
Price spread now: tradeXYZ against Coinbase International−0.171%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$470.470% of the position
Funding, last 7 days−0.530%−$53 on $10k
+Price spread, last 4 days (all we have)+0.227%+$23 · spread now −0.171%, 7d avg −0.006%
=Together, before fees−0.303%+ Points / potential airdroptradeXYZ: Active · farm board−$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.165% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of −0.006%). If the spread goes back, that is −$17 on $10k: about 5.2 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.530%, 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 | −0.0056 | get 0.0007% / 1h | 1m 15s | $115K | $116K | 10x |
| Short | tradeXYZ xyz:CBRS | 209.91 | 0.0050 | get 0.0006% / 1h | 1m 15s | $43.0M | $3.5M | 10x |
Coinbase International CBRS-PERP-INTX
tradeXYZ xyz:CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $22.26
- Price spread: −0.171% → −0.006%
- −$16.54
- Slippage, 4 orders
- −$18.95
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$41.24
- Costs to cover
- 0.470%
- Break-even
- 20.0 days
Slippage from Coinbase International: live order book, 61 min ago; tradeXYZ: live order book, 8 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, 61 min ago | 5.02 bp | 12.9 bp −$13 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.48 bp | 13.0 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTXlong | −0.0056% | 1h | 210.27 | long leg | $115K | $116K | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 210.14 | −0.062% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.23 | −0.019% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 210.11 | −0.076% | $2.4M | $2.7M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.95 | −0.152% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.35 | +0.038% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.21 | −0.029% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.70 | −0.271% | — | $94K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0022% | 8h | 210.11 | −0.074% | $511 | $205K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 210.00 | −0.128% | $90K | $834K | 10x | as long as short |
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
GRVT CBRS_USDT_Perp
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRSshort | +0.0050% | 1h | 209.91 | −0.171% | $43.0M | $3.5M | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 210.06 | −0.100% | $54K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 210.06 | −0.100% | $1.1M | $3.2M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0079% | 1h | 210.12 | −0.071% | $341K | $733K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 210.05 | −0.105% | $115K | $115K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.96 | −0.147% | $25K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 210.07 | −0.095% | $863 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.17 | −0.049% | $244 | — | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0179% | 1h | 210.11 | −0.076% | $12K | $5K | 10x | as long as short |
| Variational Omni CBRS | +0.0227% | 8h | 210.15 | −0.055% | $425K | $107K | — | as long as short |
| BloFin CBRS-USDT | +0.0252% | 8h | 210.07 | −0.095% | $148K | $69K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0264% | 1h | 210.12 | −0.070% | $45K | $262K | 10x | as long as short |
| Binance CBRSUSDT | +0.0265% | 8h | 210.18 | −0.041% | $10.3M | $29.4M | 25x | as long as short |
| Bybit CBRSUSDT | +0.0280% | 8h | 210.25 | −0.010% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0287% | 8h | 210.30 | +0.014% | $2.9M | $3.0M | 50x | as long as short |
| edgeX CBRSUSDC | +0.0749% | 4h | 210.23 | −0.019% | $24K | $220K | 10x | as long as short |
Polymarket Perps CBRS-USD
QFEX CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Deribit CBRS_USDC-PERPETUAL
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Bybit CBRSUSDT
Gate CBRS_USDT
edgeX CBRSUSDC