Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h −0.034%
Price spread now: Coinbase International against GRVT+0.181%7-day average −0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$530.527% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)−0.350%−$35 · spread now +0.181%, 7d avg −0.113%
=Together, before fees−0.272%+ Points / potential airdropGRVT: Active · farm board−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.294% dearer against GRVT than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.113%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT CBRS_USDT_Perp | 209.89 | 0 | get 0.0000% / 8h | 4h 42m | $388 | $205K | 10x |
| Short | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0104 | get 0.0013% / 1h | 42m 45s | $115K | $116K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GRVT. 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
- $21.84
- Price spread: +0.181% → −0.113%
- $29.38
- Slippage, 4 orders
- −$33.68
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$1.45
- Costs to cover
- 0.527%
- Break-even
- 7.5 days
Slippage from GRVT: live order book, 14 min ago; Coinbase International: live order book, 15 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 GRVT live order book, 14 min ago | 1.67 bp | 13.7 bp −$14 | 22.4 bp −$224 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 15 min ago | 3.57 bp | 9.8 bp −$10 | 18.7 bp −$187 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0347% | 4h | 209.84 | −0.023% | $24K | $221K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.89 | −0.002% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.97 | +0.038% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.96 | +0.033% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perplong | 0.0000% | 8h | 209.89 | long leg | $388 | $205K | 10x | |
| SunX CBRS-USDT | 0.0000% | 8h | 210.09 | +0.095% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.93 | +0.019% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.53 | −0.172% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.82 | −0.033% | $91K | $840K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.79 | −0.048% | $1K | $108K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.69 | −0.095% | $42.9M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.80 | −0.043% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.77 | −0.057% | $340K | $723K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 209.88 | −0.005% | $1.1M | $3.1M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.83 | −0.029% | $115K | $115K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.88 | −0.005% | $25K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.87 | −0.010% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.91 | +0.008% | $243 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | +0.0104% | 1h | 210.27 | +0.181% | $115K | $116K | 10x | |
| Variational Omni CBRS | +0.0177% | 8h | 209.85 | −0.018% | $424K | $103K | — | as long as short |
| BloFin CBRS-USDT | +0.0201% | 8h | 210.06 | +0.081% | $149K | $69K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0216% | 1h | 209.92 | +0.013% | $45K | $260K | 10x | as long as short |
| Binance CBRSUSDT | +0.0216% | 8h | 209.96 | +0.035% | $10.3M | $29.4M | 25x | as long as short |
| Bybit CBRSUSDT | +0.0301% | 8h | 210.10 | +0.100% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0309% | 8h | 210.10 | +0.100% | $2.9M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0370% | 1h | 209.95 | +0.029% | $12K | $5K | 10x | as long as short |
GRVT CBRS_USDT_Perp
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL