CBRS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0462%/8h= +50.6% APRnext payment +$0.58 per $10,000 · paid last 24h +0.061%

Price spread now: Deribit against Coinbase International−2.035%7-day average — · you buy dearer than you sell

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

Long on Coinbase International 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—needs both histories

Funding pays, the price is against you. Deribit is 2.035% cheaper against Coinbase International than usual: you would sell low and buy high (spread −2.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$204 on $10k: about 15 days of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International CBRS-PERP-INTX	210.27	0.0600	pay 0.0075% / 1h	26m 13s	$115K	$116K	10x
Short	Deribit CBRS_USDC-PERPETUAL	205.99	0.1062	get 0.0133% / 1h	26m 13s	$12K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee DeribitbpOrdersPrice spread, now −2.035%Rate

Funding earned: $97.12
Price spread: −2.035% → 0.000%: −$203.55
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$123.43
Costs to cover: 0.170%
Break-even: 15.9 days

Slippage unknown: Coinbase International: live order book, 16 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 Coinbase International live order book, 16 min ago	5.35 bp	12.1 bp −$12	22.9 bp −$229	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 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	−0.0654%	8h	205.95	−2.055%	$2.4M	$2.5M	20x	as long as short
tradeXYZ xyz:CBRS	−0.0208%	1h	205.59	−2.226%	$42.1M	$4.0M	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	206.10	−1.985%	$65K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	206.06	−2.002%	$2.2M	$3.4M	25x	as long as short
SunX CBRS-USDT	0.0000%	8h	206.22	−1.926%	$1K	$2.8M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	205.79	−2.131%	$9K	$10K	20x	as long as short
Vest CBRS-USD-PERP	+0.0020%	1h	205.49	−2.273%	—	$106K	10x	as long as short
Lighter CBRS	+0.0032%	1h	205.80	−2.126%	$91K	$896K	10x	as long as short
Phoenix CBRS	+0.0039%	1h	205.44	−2.297%	$1K	$108K	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	205.67	−2.188%	$50K	$1.1M	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps CBRS-USD.P	+0.0050%	1h	205.72	−2.164%	$335K	$717K	10x	as long as short
Variational Omni CBRS	+0.0067%	8h	205.72	−2.164%	$400K	$102K	—	as long as short
QFEX CBRS-USD	+0.0080%	1h	205.70	−2.173%	$1.1M	$3.0M	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	205.86	−2.097%	$113K	$109K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	205.52	−2.259%	$24K	$139K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	205.88	−2.088%	$814	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	205.92	−2.067%	$239	—	10x	as long as short
BloFin CBRS-USDT	+0.0112%	8h	205.68	−2.183%	$147K	$71K	20x	as long as short
Extended CBRS_24_5-USD	+0.0136%	1h	205.90	−2.078%	$46K	$391K	10x	as long as short
Binance CBRSUSDT	+0.0139%	8h	205.95	−2.055%	$10.1M	$30.5M	25x	as long as short
GRVT CBRS_USDT_Perp	+0.0194%	8h	205.76	−2.144%	$706	$217K	10x	as long as short
Bybit CBRSUSDT	+0.0344%	8h	205.89	−2.083%	$2.1M	$2.0M	25x	as long as short
Gate CBRS_USDT	+0.0381%	8h	206.10	−1.983%	$2.9M	$3.0M	50x	as long as short
Coinbase International CBRS-PERP-INTXlong	+0.0600%	1h	210.27	long leg	$115K	$116K	10x
edgeX CBRSUSDC	+0.0692%	4h	205.75	−2.148%	$23K	$220K	10x	as long as short
Deribit CBRS_USDC-PERPETUALshort	+0.1062%	1h	205.99	−2.035%	$12K	$5K	10x