Funding you earn now, next payment 19:00 UTC+0.0144%/8hpaid last 24h +0.029%
Price spread now: Coinbase International against Bybit−0.206%54s7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$680.683% of the position
Funding, last 7 days+0.230%+$23 on $10k
+Price spread, last 3 days (all we have)+0.117%+$12 · spread now −0.206%, 7d avg −0.068%
=Funding pays, the price is against you. Coinbase International is 0.138% cheaper against Bybit than usual: you would sell low and buy high (spread −0.206% now, against its 7-day average of −0.068%). If the spread goes back, that is −$14 on $10k: about 3.2 days of funding at the current rate (+$4 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CBRSUSDT | 208.71 | 0 | get 0.0000% / 8h | 4h 04m | $2.0M | $1.9M | 25x |
| Short | Coinbase International CBRS-PERP-INTX | 208.28 | 0.0144 | get 0.0018% / 1h | 4m 25s | $111K | $102K | 10x |
Bybit CBRSUSDT
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bybit. 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
- $30.24
- Price spread: −0.206% → −0.068%
- −$13.81
- Slippage, 4 orders
- −$47.31
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$51.88
- Costs to cover
- 0.683%
- Break-even
- 19.0 days
Slippage from Bybit: live order book, 2 min ago; Coinbase International: live order book, 27 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 Bybit live order book, 2 min ago | 4.08 bp | 21.3 bp −$21 | 111.3 bp −$1,113 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 27 min ago | 9.10 bp | 14.3 bp −$14 | 23.8 bp −$238 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0220% | 1h | 208.50 | −0.101% | $43.0M | $3.4M | 10x | as long as short |
| Phoenix CBRS | −0.0038% | 1h | 208.43 | −0.134% | $1K | $110K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0012% | 8h | 208.33 | −0.182% | $149K | $68K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.69 | −0.012% | $66K | $147K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 208.57 | −0.069% | $42K | $246K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 208.70 | −0.006% | $10.3M | $30.0M | 25x | as long as short |
| Bybit CBRSUSDTlong | 0.0000% | 8h | 208.71 | long leg | $2.0M | $1.9M | 25x | |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.64 | −0.034% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 208.60 | −0.053% | $2.9M | $3.2M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.66 | −0.024% | $2.4M | $2.9M | 20x | as long as short |
tradeXYZ xyz:CBRS
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CBRS | 0.0000% | 8h | 208.77 | +0.031% | $419K | $314K | — | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 208.61 | −0.049% | $857 | $240K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.87 | +0.077% | $990 | $3.4M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 208.37 | −0.163% | $12K | $51K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.85 | +0.067% | $9K | $6K | 20x | as long as short |
| QFEX CBRS-USD | +0.0010% | 1h | 208.49 | −0.105% | $1.1M | $2.7M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0025% | 1h | 208.51 | −0.096% | — | $89K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.66 | −0.024% | $89K | $869K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0044% | 1h | 208.50 | −0.101% | $25K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.29 | −0.201% | $335K | $865K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.61 | −0.048% | $142K | $96K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.78 | +0.034% | $25K | $135K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.71 | 0.000% | $857 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.35 | −0.171% | $242 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | +0.0144% | 1h | 208.28 | −0.206% | $111K | $102K | 10x | |
| edgeX CBRSUSDC | +0.0714% | 4h | 208.44 | −0.129% | $24K | $219K | 10x | as long as short |
Variational Omni CBRS
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
QFEX CBRS-USD
Vest CBRS-USD-PERP
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
edgeX CBRSUSDC