Funding you earn now, next payment 09:00 UTC−0.0481%/8h= −52.7% APRnext payment −$0.60 per $10,000 · paid last 24h +0.048%
Price spread now: Deribit against Extended−0.028%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$14 a day on $10k at the current rate, and Deribit is 0.028% cheaper against Extended than usual: you would sell low and buy high (−$3 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 | Extended CBRS_24_5-USD | 205.01 | 0 | get 0.0000% / 1h | 37m 11s | $44K | $382K | 10x |
| Short | Deribit CBRS_USDC-PERPETUAL | 204.95 | −0.0481 | pay 0.0060% / 1h | 37m 11s | $12K | $5K | 10x |
Extended CBRS_24_5-USD
Deribit CBRS_USDC-PERPETUALFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$101.08
- Price spread: −0.028% → 0.000%
- −$2.8
- 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
- −$115.88
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 60 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, 60 min ago | 3.16 bp | 17.4 bp −$17 | 193.5 bp −$1,935 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0852% | 4h | 205.15 | +0.070% | $23K | $221K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUALshort | −0.0481% | 1h | 204.95 | −0.028% | $12K | $5K | 10x | |
| GRVT CBRS_USDT_Perp | −0.0443% | 8h | 205.21 | +0.099% | $776 | $214K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0314% | 8h | 205.10 | +0.045% | $2.4M | $2.5M | 20x | as long as short |
| Lighter CBRS | −0.0264% | 1h | 204.82 | −0.091% | $92K | $1.0M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | −0.0211% | 1h | 205.03 | +0.011% | $334K | $706K | 10x | as long as short |
| Bybit CBRSUSDT | −0.0107% | 8h | 205.15 | +0.070% | $2.0M | $2.1M | 25x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 205.25 | +0.118% | $1K | $108K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0007% | 8h | 205.19 | +0.089% | $147K | $71K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.17 | +0.081% | $65K | $147K | 20x | as long as short |
edgeX CBRSUSDC
GRVT CBRS_USDT_Perp
Bitget CBRSUSDT
Lighter CBRS
Ondo Perps CBRS-USD.P
Bybit CBRSUSDT
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CBRS_24_5-USDlong | 0.0000% | 1h | 205.01 | long leg | $44K | $382K | 10x | |
| Binance CBRSUSDT | 0.0000% | 8h | 205.04 | +0.016% | $10.1M | $31.1M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 204.88 | −0.062% | $2.2M | $3.4M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 205.10 | +0.045% | $2.9M | $3.1M | 50x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 205.19 | +0.090% | $392K | $98K | — | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.39 | +0.187% | $1K | $2.7M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.27 | +0.128% | $9K | $10K | 20x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 204.85 | −0.077% | $1.1M | $3.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 205.00 | −0.004% | — | $102K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 204.83 | −0.087% | $41.9M | $4.0M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.04 | +0.016% | $50K | $472K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.03 | +0.011% | $811 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.08 | +0.035% | $113K | $145K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.41 | +0.196% | $24K | $137K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 204.86 | −0.070% | $238 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +2.567% | $115K | $108K | 10x | as long as short |
Binance CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Variational Omni CBRS
SunX CBRS-USDT
HTX CBRS-USDT
QFEX CBRS-USD
Vest CBRS-USD-PERP
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX