Funding you earn now, next payment 06:00 UTC+0.0218%/8h= +23.9% APRpaid last 24h +0.025%
Price spread now: Coinbase International against Gate+1.974%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs+$119as in the Price arb table
costs, in and out, $10k−$830.833% of the position
Funding, last 7 days+0.214%+$21 on $10k
+Price spread, last 4 days (all we have)−2.073%−$207 · spread now +1.974%, 7d avg −0.052%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 2.026% dearer against Gate than usual: you sell high and buy low: +$203 more if the spread goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CBRS_USDT | 206.20 | 0.0382 | pay 0.0382% / 8h | 1h 14m | $2.9M | $3.0M | 50x |
| Short | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0600 | get 0.0075% / 1h | 14m 33s | $115K | $116K | 10x |
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- $45.78
- Price spread: +1.974% → −0.052%
- $202.62
- Slippage, 4 orders
- −$58.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $165.1
- Costs to cover
- 0.833%
- Break-even
- from the start
Slippage from Gate: live order book, 3 min ago; Coinbase International: live order book, 28 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 Gate live order book, 3 min ago | 4.84 bp | 38.9 bp −$39 | 49.9 bp −$499 | 61.3 bp −$6,130 | doesn't fit |
| Sell Coinbase International live order book, 28 min ago | 5.35 bp | 11.9 bp −$12 | 18.4 bp −$184 | 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 | −0.0592% | 8h | 206.04 | −0.078% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0192% | 1h | 205.65 | −0.267% | $42.1M | $4.0M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0082% | 4h | 206.35 | +0.073% | $23K | $221K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.08 | −0.060% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.07 | −0.063% | $2.2M | $3.4M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.48 | +0.136% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.41 | +0.102% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0021% | 1h | 205.80 | −0.194% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.99 | −0.102% | $91K | $902K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 206.19 | −0.005% | $1K | $108K | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.71 | −0.238% | $50K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.05 | −0.073% | $336K | $718K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 205.94 | −0.126% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0090% | 8h | 206.26 | +0.031% | $402K | $99K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.97 | −0.112% | $113K | $108K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.20 | 0.000% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.06 | −0.068% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.05 | −0.072% | $239 | — | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 205.94 | −0.124% | $46K | $391K | 10x | as long as short |
| Binance CBRSUSDT | +0.0140% | 8h | 205.98 | −0.107% | $10.1M | $30.5M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0167% | 8h | 206.10 | −0.048% | $146K | $71K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0187% | 1h | 206.07 | −0.063% | $12K | $5K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0217% | 8h | 206.18 | −0.009% | $449 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0313% | 8h | 206.00 | −0.097% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDTlong | +0.0382% | 8h | 206.20 | long leg | $2.9M | $3.0M | 50x | |
| Coinbase International CBRS-PERP-INTXshort | +0.0600% | 1h | 210.27 | +1.974% | $115K | $116K | 10x |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT