Funding you earn now, next payment 22:00 UTC−0.0256%/8h= −28.0% APRnext payment −$0.32 per $10,000 · paid last 24h +0.042%
Price spread now: Coinbase International against Extended−0.397%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$580.577% of the position
Funding, last 7 days+0.185%+$19 on $10k
+Price spread, last 3 days (all we have)+0.334%+$33 · spread now −0.397%, 7d avg −0.054%
=Together, before fees+0.519%+ Points / potential airdropExtended: Active · farm board+$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Coinbase International is 0.343% cheaper against Extended than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of −0.054%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.185%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CBRS_24_5-USD | 209.27 | 0.0248 | pay 0.0031% / 1h | 25m 37s | $43K | $246K | 10x |
| Short | Coinbase International CBRS-PERP-INTX | 208.44 | −0.0008 | pay 0.0001% / 1h | 25m 37s | $114K | $114K | 10x |
Extended CBRS_24_5-USD
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- −$53.76
- Price spread: −0.397% → −0.054%
- −$34.33
- Slippage, 4 orders
- −$42.68
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$145.77
- Costs to cover
- 0.577%
- Break-even
- never at this rate
Slippage from Extended: live order book, 57 min ago; Coinbase International: live order book, 57 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 Extended live order book, 57 min ago | 2.64 bp | 16.2 bp −$16 | 185.6 bp −$1,856 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 57 min ago | 6.24 bp | 12.5 bp −$12 | 23.7 bp −$237 | 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 | −0.0043% | 1h | 209.08 | −0.092% | $42.8M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | −0.0008% | 1h | 208.44 | −0.397% | $114K | $114K | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 209.10 | −0.084% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.35 | +0.037% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.33 | +0.028% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.40 | +0.061% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.25 | −0.010% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.03 | −0.116% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.54 | +0.128% | $832 | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.44 | +0.080% | $9K | $6K | 20x | as long as short |
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0021% | 1h | 209.07 | −0.096% | — | $90K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 209.28 | +0.004% | $1.1M | $3.3M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.19 | −0.039% | $90K | $894K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.19 | −0.039% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.25 | −0.010% | $349K | $915K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.11 | −0.077% | $143K | $96K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.85 | −0.202% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.32 | +0.023% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.36 | +0.041% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0171% | 8h | 209.33 | +0.027% | $422K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0230% | 8h | 209.50 | +0.109% | $146K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USDlong | +0.0248% | 1h | 209.27 | long leg | $43K | $246K | 10x | |
| Binance CBRSUSDT | +0.0255% | 8h | 209.31 | +0.018% | $10.3M | $30.2M | 25x | as long as short |
| edgeX CBRSUSDC | +0.0294% | 4h | 209.34 | +0.033% | $24K | $219K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0396% | 8h | 209.34 | +0.030% | $682 | $233K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1329% | 1h | 209.36 | +0.042% | $12K | $52K | 10x | as long as short |
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
edgeX CBRSUSDC
GRVT CBRS_USDT_Perp
Deribit CBRS_USDC-PERPETUAL