Funding you earn now, next payment 04:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h −0.017%
Price spread now: KuCoin against Coinbase International−0.813%7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$391as in the Funding arb table
Net, price: spread back to 7d avg − costs−$472as in the Price arb table
costs, in and out, $10k−$3843.839% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)+0.880%+$88 · spread now −0.813%, 7d avg +0.072%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.885% cheaper against Coinbase International than usual: you would sell low and buy high (−$88 if the spread goes back to its 7-day average of +0.072%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0288 | pay 0.0036% / 1h | 39m 53s | $115K | $116K | 10x |
| Short | KuCoin CBRSUSDTM | 208.56 | 0.0100 | get 0.0100% / 8h | 3h 39m | $114K | $114K | 20x |
Coinbase International CBRS-PERP-INTX
KuCoin CBRSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$39.48
- Price spread: −0.813% → +0.072%
- −$88.49
- Slippage, 4 orders
- −$361.93
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$511.9
- Costs to cover
- 3.839%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 13 min ago; KuCoin: live order book, 24 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 Coinbase International live order book, 13 min ago | 3.58 bp | 9.0 bp −$9 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 24 min ago | 11.92 bp | 151.4 bp −$151 | doesn't fit | 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 | −0.0419% | 1h | 208.34 | −0.918% | $42.6M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.58 | −0.805% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.66 | −0.766% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.57 | −0.808% | $2.4M | $2.7M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.77 | −0.713% | $921 | $3.0M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 208.55 | −0.818% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.66 | −0.766% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 208.44 | −0.870% | — | $95K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.58 | −0.804% | $90K | $841K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 208.63 | −0.780% | $1K | $108K | 10x | as long as short |
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
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 | 208.38 | −0.899% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.56 | −0.813% | $339K | $718K | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 208.65 | −0.770% | $1.1M | $3.1M | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0067% | 8h | 208.78 | −0.709% | $257 | $209K | 10x | as long as short |
| Variational Omni CBRS | +0.0098% | 8h | 208.52 | −0.833% | $421K | $88K | — | as long as short |
| KuCoin CBRSUSDTMshort | +0.0100% | 8h | 208.56 | −0.813% | $114K | $114K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.82 | −0.690% | $24K | $141K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.59 | −0.799% | $825 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.61 | −0.791% | $242 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0160% | 8h | 208.59 | −0.799% | $10.1M | $29.6M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0160% | 1h | 208.53 | −0.827% | $49K | $263K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0165% | 8h | 208.44 | −0.870% | $147K | $69K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTXlong | +0.0288% | 1h | 210.27 | long leg | $115K | $116K | 10x | |
| Bybit CBRSUSDT | +0.0364% | 8h | 208.63 | −0.780% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0396% | 8h | 208.80 | −0.699% | $2.9M | $2.9M | 50x | as long as short |
| edgeX CBRSUSDC | +0.0910% | 4h | 208.75 | −0.724% | $23K | $220K | 10x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
GRVT CBRS_USDT_Perp
Variational Omni CBRS
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Bybit CBRSUSDT
Gate CBRS_USDT
edgeX CBRSUSDC