Funding you earn now, next payment 05:00 UTC+0.0660%/8h= +72.3% APRnext payment +$0.83 per $10,000 · paid last 24h +0.082%
Price spread now: Coinbase International against tradeXYZ+1.658%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs+$111as in the Price arb table
costs, in and out, $10k−$510.515% of the position
Funding, last 7 days+0.527%+$53 on $10k
+Price spread, last 4 days (all we have)−1.644%−$164 · spread now +1.658%, 7d avg +0.037%
=Together, before fees−1.118%+ Points / potential airdroptradeXYZ: Active · farm board−$112 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Coinbase International is 1.622% dearer against tradeXYZ than usual: you sell high and buy low: +$162 more if the spread goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CBRS | 206.84 | −0.0196 | get 0.0025% / 1h | 44m 59s | $42.3M | $3.9M | 10x |
| Short | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0464 | get 0.0058% / 1h | 44m 59s | $115K | $116K | 10x |
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against tradeXYZ. 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
- $138.63
- Price spread: +1.658% → +0.037%
- $162.16
- Slippage, 4 orders
- −$23.48
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $249.31
- Costs to cover
- 0.515%
- Break-even
- from the start
Slippage from tradeXYZ: live order book, 4 min ago; Coinbase International: live order book, 3 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 tradeXYZ live order book, 4 min ago | 0.97 bp | 10.7 bp −$11 | 20.6 bp −$206 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 6.76 bp | 12.9 bp −$13 | 24.7 bp −$247 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0308% | 8h | 207.00 | +0.077% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRSlong | −0.0196% | 1h | 206.84 | long leg | $42.3M | $3.9M | 10x | |
| edgeX CBRSUSDC | −0.0036% | 4h | 207.13 | +0.139% | $23K | $221K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.01 | +0.082% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.00 | +0.077% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.75 | −0.044% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.33 | +0.237% | $968 | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.33 | +0.237% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0015% | 1h | 206.59 | −0.121% | — | $104K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 207.05 | +0.102% | $1.1M | $3.1M | 10x | as long as short |
Bitget CBRSUSDT
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.86 | +0.010% | $51K | $1.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0086% | 8h | 206.98 | +0.070% | $403K | $89K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.87 | +0.015% | $116K | $112K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.64 | −0.097% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.90 | +0.029% | $818 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.93 | +0.045% | $240 | — | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 206.96 | +0.056% | $44K | $390K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0146% | 8h | 206.99 | +0.073% | $147K | $70K | 20x | as long as short |
| Binance CBRSUSDT | +0.0147% | 8h | 206.99 | +0.073% | $10.1M | $30.1M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0153% | 8h | 207.17 | +0.159% | $1K | $213K | 10x | as long as short |
| Lighter CBRS | +0.0264% | 1h | 206.88 | +0.019% | $90K | $868K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0306% | 1h | 207.13 | +0.140% | $337K | $718K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0321% | 8h | 207.03 | +0.092% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0362% | 8h | 207.10 | +0.126% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | +0.0464% | 1h | 210.27 | +1.658% | $115K | $116K | 10x | |
| Deribit CBRS_USDC-PERPETUAL | +0.1783% | 1h | 206.98 | +0.068% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
Lighter CBRS
Ondo Perps CBRS-USD.P
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL