Funding you earn now, next payment 10:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.032%
Price spread now: Orderly against Coinbase International−1.108%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Orderly is 1.108% cheaper against Coinbase International than usual: you would sell low and buy high (−$111 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0320 | pay 0.0040% / 1h | 46m 40s | $115K | $107K | 10x |
| Short | Orderly PERP_CBRS_USDC_mythos | 207.94 | 0.0100 | get 0.0100% / 8h | 5h 46m | $822 | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$46.24
- Price spread: −1.108% → 0.000%
- −$110.81
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$173.05
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 64 min ago; Orderly: 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, 64 min ago | 9.72 bp | 15.3 bp −$15 | 27.5 bp −$275 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | −0.0116% | 1h | 207.57 | −1.284% | $1K | $109K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0038% | 1h | 207.91 | −1.122% | $12K | $5K | 10x | as long as short |
| QFEX CBRS-USD | −0.0009% | 1h | 208.02 | −1.070% | $1.1M | $3.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.05 | −1.057% | $66K | $149K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 207.99 | −1.084% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.80 | −1.175% | $2.2M | $3.4M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 207.81 | −1.170% | $2.3M | $2.8M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.31 | −0.932% | $1K | $2.5M | 10x | as long as short |
| Variational Omni CBRS | +0.0010% | 8h | 207.74 | −1.205% | $398K | $101K | — | as long as short |
| HTX CBRS-USDT | +0.0016% | 8h | 208.26 | −0.956% | $9K | $10K | 20x | as long as short |
Show all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.45 | −0.866% | — | $105K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 207.78 | −1.184% | $90K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 207.70 | −1.222% | $42.6M | $4.1M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.70 | −1.222% | $51K | $464K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.02 | −1.070% | $329K | $730K | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0080% | 1h | 207.71 | −1.217% | $44K | $386K | 10x | as long as short |
| Binance CBRSUSDT | +0.0082% | 8h | 207.78 | −1.184% | $10.2M | $32.9M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0083% | 8h | 207.94 | −1.108% | $149K | $74K | 20x | as long as short |
| Orderly PERP_CBRS_USDC_mythosshort | +0.0100% | 8h | 207.94 | −1.108% | $822 | $2K | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.87 | −1.141% | $114K | $267K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.34 | −1.393% | $24K | $139K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.97 | −1.094% | $241 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXlong | +0.0320% | 1h | 210.27 | long leg | $115K | $107K | 10x | |
| Gate CBRS_USDT | +0.0327% | 8h | 207.90 | −1.127% | $2.9M | $3.3M | 50x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0591% | 8h | 208.11 | −1.025% | $681 | $228K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0936% | 4h | 207.70 | −1.223% | $23K | $222K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
Phoenix CBRS
Deribit CBRS_USDC-PERPETUAL
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
Variational Omni CBRS
HTX CBRS-USDT
Lighter CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Gate CBRS_USDT
GRVT CBRS_USDT_Perp
edgeX CBRSUSDC