Funding you earn now, next payment 02:00 UTC+0.0475%/8h= +52.0% APRnext payment +$0.59 per $10,000 · paid last 24h +0.053%
Price spread now: Deribit against Coinbase International+0.465%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Deribit is 0.465% dearer against Coinbase International than usual: you sell high and buy low: +$47 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 | Coinbase International CBRS-PERP-INTX | 208.44 | −0.0056 | get 0.0007% / 1h | 28m 09s | $114K | $114K | 10x |
| Short | Deribit CBRS_USDC-PERPETUAL | 209.41 | 0.0419 | get 0.0052% / 1h | 28m 09s | $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
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
- $99.75
- Price spread: +0.465% → 0.000%
- $46.54
- 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
- $129.28
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 35 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, 35 min ago | 5.02 bp | 12.9 bp −$13 | 18.2 bp −$182 | 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 | −0.0587% | 4h | 209.43 | +0.475% | $24K | $220K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXlong | −0.0056% | 1h | 208.44 | long leg | $114K | $114K | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 209.43 | +0.475% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.59 | +0.552% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.45 | +0.485% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.50 | +0.508% | $884 | $204K | 10x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.33 | +0.427% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.70 | +0.604% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.64 | +0.576% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 209.09 | +0.312% | — | $94K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.30 | +0.413% | $90K | $831K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.32 | +0.422% | $42.9M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.38 | +0.451% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.41 | +0.465% | $339K | $733K | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 209.41 | +0.465% | $1.1M | $3.4M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.34 | +0.432% | $114K | $118K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.37 | +0.446% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.49 | +0.504% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.46 | +0.487% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0135% | 8h | 209.54 | +0.528% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0203% | 8h | 209.60 | +0.557% | $2.9M | $3.0M | 50x | as long as short |
| Variational Omni CBRS | +0.0212% | 8h | 209.49 | +0.505% | $423K | $113K | — | as long as short |
| Binance CBRSUSDT | +0.0254% | 8h | 209.46 | +0.491% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0256% | 1h | 209.41 | +0.465% | $46K | $263K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0276% | 8h | 209.52 | +0.518% | $148K | $69K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUALshort | +0.0419% | 1h | 209.41 | +0.465% | $12K | $5K | 10x |
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Bybit CBRSUSDT
Gate CBRS_USDT
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT