Funding you earn now, next payment 02:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.09 per $10,000 · paid last 24h +0.045%
Price spread now: Coinbase International against Vest−0.177%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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.177% cheaper against Vest than usual: you would sell low and buy high (−$18 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 | Vest CBRS-USD-PERP | 208.81 | 0.0019 | pay 0.0002% / 1h | 55m 13s | — | $94K | 10x |
| Short | Coinbase International CBRS-PERP-INTX | 208.44 | −0.0056 | pay 0.0007% / 1h | 55m 13s | $114K | $114K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Vest. 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
- −$15.74
- Price spread: −0.177% → 0.000%
- −$17.72
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$45.46
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 7 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 Vest no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 7 min ago | 5.02 bp | 11.4 bp −$11 | 18.9 bp −$189 | doesn't fit | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTXshort | −0.0056% | 1h | 208.44 | −0.177% | $114K | $114K | 10x | |
| tradeXYZ xyz:CBRS | −0.0030% | 1h | 208.99 | +0.086% | $42.8M | $3.5M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.22 | +0.195% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.33 | +0.249% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.26 | +0.216% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.18 | +0.179% | $523 | $205K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.53 | +0.345% | $958 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.20 | +0.187% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERPlong | +0.0019% | 1h | 208.81 | long leg | — | $94K | 10x | |
| Lighter CBRS | +0.0032% | 1h | 209.05 | +0.115% | $92K | $824K | 10x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | +0.0038% | 1h | 208.94 | +0.062% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.08 | +0.129% | $55K | $1.1M | 10x | as long as short |
| Bybit CBRSUSDT | +0.0050% | 8h | 209.38 | +0.273% | $2.1M | $1.9M | 25x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.21 | +0.192% | $339K | $736K | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 209.20 | +0.187% | $1.1M | $3.3M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.22 | +0.196% | $115K | $118K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.11 | +0.144% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.24 | +0.206% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.27 | +0.219% | $243 | — | 10x | as long as short |
| Gate CBRS_USDT | +0.0120% | 8h | 209.40 | +0.283% | $2.9M | $3.0M | 50x | as long as short |
| edgeX CBRSUSDC | +0.0138% | 4h | 209.18 | +0.178% | $24K | $219K | 10x | as long as short |
| Variational Omni CBRS | +0.0265% | 8h | 209.23 | +0.201% | $423K | $119K | — | as long as short |
| Binance CBRSUSDT | +0.0296% | 8h | 209.27 | +0.220% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0296% | 1h | 209.22 | +0.197% | $46K | $268K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1090% | 1h | 209.29 | +0.230% | $12K | $5K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USD
Bybit CBRSUSDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Gate CBRS_USDT
edgeX CBRSUSDC
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
Deribit CBRS_USDC-PERPETUAL