Funding you earn now, next payment 23:00 UTC−0.0153%/8h= −16.8% APRnext payment −$0.19 per $10,000 · paid last 24h −0.102%
Price spread now: QFEX against Deribit−0.029%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and QFEX is 0.029% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CBRS_USDC-PERPETUAL | 209.25 | 0.0180 | pay 0.0023% / 1h | 16m 50s | $12K | $16K | 10x |
| Short | QFEX CBRS-USD | 209.19 | 0.0027 | get 0.0003% / 1h | 16m 50s | $1.1M | $3.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$32.18
- Price spread: −0.029% → 0.000%
- −$2.87
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$52.05
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; QFEX: live order book, 6 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 QFEX live order book, 6 min ago | 1.19 bp | 6.2 bp −$6 | 12.4 bp −$124 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | −0.0008% | 1h | 208.44 | −0.387% | $114K | $114K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0002% | 1h | 209.10 | −0.072% | $42.8M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.15 | −0.046% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.30 | +0.024% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.20 | −0.024% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.30 | +0.024% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.23 | −0.010% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.06 | −0.091% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.45 | +0.096% | $1K | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.53 | +0.134% | $9K | $6K | 20x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0021% | 1h | 209.05 | −0.096% | — | $90K | 10x | as long as short |
| QFEX CBRS-USDshort | +0.0027% | 1h | 209.19 | −0.029% | $1.1M | $3.3M | 10x | |
| Lighter CBRS | +0.0032% | 1h | 209.31 | +0.029% | $93K | $907K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.13 | −0.057% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.28 | +0.014% | $349K | $908K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.11 | −0.067% | $143K | $96K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.90 | −0.167% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.22 | −0.014% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.27 | +0.012% | $243 | — | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUALlong | +0.0180% | 1h | 209.25 | long leg | $12K | $16K | 10x | |
| Variational Omni CBRS | +0.0249% | 8h | 209.41 | +0.076% | $423K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0294% | 8h | 209.44 | +0.091% | $146K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0312% | 1h | 209.18 | −0.034% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0315% | 8h | 209.22 | −0.014% | $10.3M | $30.1M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0472% | 8h | 209.36 | +0.053% | $636 | $233K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0526% | 4h | 209.41 | +0.076% | $24K | $220K | 10x | as long as short |
Deribit CBRS_USDC-PERPETUAL
Coinbase International CBRS-PERP-INTX
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
edgeX CBRSUSDC