CBRS

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0360%/8h= −39.4% APRnext payment −$0.45 per $10,000 · paid last 24h +0.052%

Price spread now: Deribit against Extended+0.028%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Deribit

What this pair did over the last

the charts below follow

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Deribit is 0.028% dearer against Extended than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended CBRS_24_5-USD	209.10	0.0360	pay 0.0045% / 1h	20m 53s	$44K	$271K	10x
Short	Deribit CBRS_USDC-PERPETUAL	209.16	0	get 0.0000% / 1h	20m 53s	$12K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee DeribitbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$75.6
Price spread: +0.028% → 0.000%: $2.75
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$84.85
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 46 min ago; Deribit: no order-book sample. 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 Extended live order book, 46 min ago	2.38 bp	15.8 bp −$16	124.5 bp −$1,245	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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 25 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	−0.0893%	4h	209.17	+0.032%	$24K	$220K	10x	as long as short
tradeXYZ xyz:CBRS	−0.0143%	1h	208.93	−0.082%	$42.8M	$3.5M	10x	as long as short
Coinbase International CBRS-PERP-INTX	−0.0040%	1h	208.44	−0.317%	$114K	$114K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	209.21	+0.052%	$66K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	209.14	+0.018%	$2.2M	$3.5M	25x	as long as short
Bitget CBRSUSDT	0.0000%	8h	209.13	+0.013%	$2.4M	$2.8M	20x	as long as short
GRVT CBRS_USDT_Perp	0.0000%	8h	209.19	+0.042%	$801	$208K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	209.44	+0.161%	$1K	$3.1M	10x	as long as short
Deribit CBRS_USDC-PERPETUALshort	0.0000%	1h	209.16	+0.028%	$12K	$5K	10x
HTX CBRS-USDT	0.0000%	8h	209.28	+0.085%	$9K	$9K	20x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest CBRS-USD-PERP	+0.0019%	1h	208.72	−0.183%	—	$97K	10x	as long as short
Lighter CBRS	+0.0032%	1h	209.13	+0.013%	$90K	$850K	10x	as long as short
QFEX CBRS-USD	+0.0038%	1h	209.12	+0.008%	$1.1M	$3.4M	10x	as long as short
Phoenix CBRS	+0.0038%	1h	209.08	−0.011%	$1K	$109K	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	208.98	−0.059%	$53K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	209.10	−0.001%	$339K	$743K	10x	as long as short
Gate CBRS_USDT	+0.0091%	8h	209.20	+0.047%	$2.9M	$3.0M	50x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	209.13	+0.013%	$115K	$120K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	209.25	+0.071%	$24K	$139K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	209.23	+0.061%	$859	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	209.24	+0.064%	$243	—	10x	as long as short
Bybit CBRSUSDT	+0.0125%	8h	209.25	+0.071%	$2.1M	$1.9M	25x	as long as short
Variational Omni CBRS	+0.0327%	8h	209.15	+0.023%	$423K	$155K	—	as long as short
Binance CBRSUSDT	+0.0359%	8h	209.18	+0.037%	$10.3M	$29.5M	25x	as long as short
Extended CBRS_24_5-USDlong	+0.0360%	1h	209.10	long leg	$44K	$271K	10x