Funding you earn now, next payment 02:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.137%
Price spread now: Deribit against tradeXYZ+0.110%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.110% dearer against tradeXYZ than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CBRS | 209.24 | −0.0108 | get 0.0013% / 1h | 12m 57s | $42.9M | $3.5M | 10x |
| Short | Deribit CBRS_USDC-PERPETUAL | 209.47 | 0 | get 0.0000% / 1h | 12m 57s | $12K | $5K | 10x |
tradeXYZ xyz:CBRS
Deribit CBRS_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $22.64
- Price spread: +0.110% → 0.000%
- $10.99
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $8.63
- Costs to cover
- 0.250%
- Break-even
- 4.3 days
Slippage unknown: tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago | 0.96 bp | 12.6 bp −$13 | 14.5 bp −$145 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRSlong | −0.0108% | 1h | 209.24 | long leg | $42.9M | $3.5M | 10x | |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.382% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.43 | +0.092% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.54 | +0.143% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.41 | +0.081% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.48 | +0.115% | $796 | $206K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.76 | +0.249% | $1K | $3.0M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUALshort | 0.0000% | 1h | 209.47 | +0.110% | $12K | $5K | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 209.59 | +0.167% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 209.10 | −0.067% | — | $94K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.37 | +0.062% | $90K | $850K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.40 | +0.076% | $1.1M | $3.3M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.35 | +0.053% | $1K | $109K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.36 | +0.057% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.42 | +0.086% | $340K | $740K | 10x | as long as short |
| Gate CBRS_USDT | +0.0066% | 8h | 209.60 | +0.172% | $2.9M | $3.0M | 50x | as long as short |
| Bybit CBRSUSDT | +0.0085% | 8h | 209.50 | +0.124% | $2.1M | $1.9M | 25x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.36 | +0.057% | $115K | $120K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.37 | +0.062% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.44 | +0.096% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.46 | +0.103% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0316% | 8h | 209.46 | +0.103% | $423K | $124K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0336% | 1h | 209.42 | +0.088% | $44K | $271K | 10x | as long as short |
| Binance CBRSUSDT | +0.0337% | 8h | 209.48 | +0.117% | $10.3M | $29.5M | 25x | as long as short |
| edgeX CBRSUSDC | +0.0895% | 4h | 209.45 | +0.100% | $24K | $221K | 10x | as long as short |
Lighter CBRS
QFEX CBRS-USD
Phoenix CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Gate CBRS_USDT
Bybit CBRSUSDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
edgeX CBRSUSDC