Funding you earn now, next payment 05:00 UTC−0.1111%/8h= −121.7% APRpaid last 24h −0.025%
Price spread now: Binance against Deribit+0.023%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.023% dearer against Deribit than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 2 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CBRS_USDC-PERPETUAL | 209.36 | 0.1281 | pay 0.0160% / 1h | 52m 36s | $12K | $5K | 10x |
| Short | Binance CBRSUSDT | 209.41 | 0.0169 | get 0.0169% / 8h | 3h 52m | $10.2M | $29.4M | 25x |
Deribit CBRS_USDC-PERPETUAL
Binance CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- −$233.4
- Price spread: +0.023% → 0.000%
- $2.26
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$248.14
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 4 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 1.43 bp | 11.4 bp −$11 | 31.0 bp −$310 | 123.9 bp −$12.4K | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0484% | 4h | 209.38 | +0.008% | $24K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0412% | 1h | 209.13 | −0.110% | $42.8M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.25 | −0.052% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.42 | +0.029% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.38 | +0.010% | $2.4M | $2.7M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.51 | +0.072% | $419 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.53 | +0.081% | $9K | $10K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0021% | 8h | 209.57 | +0.099% | $622 | $209K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.05 | −0.148% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.21 | −0.072% | $92K | $832K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
GRVT CBRS_USDT_Perp
Vest CBRS-USD-PERP
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | +0.0038% | 1h | 209.07 | −0.139% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.22 | −0.067% | $53K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 209.31 | −0.024% | $1.1M | $3.1M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.33 | −0.014% | $114K | $114K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.49 | +0.062% | $25K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.30 | −0.029% | $828 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.35 | −0.006% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0105% | 8h | 209.52 | +0.078% | $422K | $92K | — | as long as short |
| BloFin CBRS-USDT | +0.0164% | 8h | 209.50 | +0.067% | $148K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0168% | 1h | 209.33 | −0.013% | $45K | $263K | 10x | as long as short |
| Binance CBRSUSDTshort | +0.0169% | 8h | 209.41 | +0.023% | $10.2M | $29.4M | 25x | |
| Ondo Perps CBRS-USD.P | +0.0240% | 1h | 209.10 | −0.124% | $340K | $719K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +0.435% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0388% | 8h | 209.49 | +0.062% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0401% | 8h | 209.50 | +0.067% | $2.9M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUALlong | +0.1281% | 1h | 209.36 | long leg | $12K | $5K | 10x |
Phoenix CBRS
Polymarket Perps CBRS-USD
QFEX CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Ondo Perps CBRS-USD.P
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT