Funding you earn now, next payment 01:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.10 per $10,000 · paid last 24h −0.046%
Price spread now: QFEX against Coinbase International+0.288%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 3 days (all we have)−0.148%−$15 on $10k
+Price spread, last 3 days (all we have)−0.164%−$16 · spread now +0.288%, 7d avg +0.107%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.181% dearer against Coinbase International than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.107%. Mind the row above: over the last 3 days funding on this pair cost −0.148%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CBRS-PERP-INTX | 208.44 | −0.0040 | get 0.0005% / 1h | 38m 14s | $114K | $114K | 10x |
| Short | QFEX CBRS-USD | 209.04 | 0.0038 | get 0.0005% / 1h | 38m 14s | $1.1M | $3.4M | 10x |
Coinbase International CBRS-PERP-INTX
QFEX CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $16.31
- Price spread: +0.288% → +0.107%
- $18.06
- Slippage, 4 orders
- −$20.99
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$6.61
- Costs to cover
- 0.410%
- Break-even
- 9.8 days
Slippage from Coinbase International: live order book, 29 min ago; QFEX: live order book, 5 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, 29 min ago | 7.85 bp | 12.9 bp −$13 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.91 bp | 7.9 bp −$8 | 16.1 bp −$161 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0753% | 4h | 209.35 | +0.437% | $24K | $219K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0340% | 1h | 208.93 | +0.235% | $42.8M | $3.5M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXlong | −0.0040% | 1h | 208.44 | long leg | $114K | $114K | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 209.23 | +0.378% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.10 | +0.317% | $2.1M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.16 | +0.345% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.20 | +0.365% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.18 | +0.355% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.20 | +0.364% | $456 | $208K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.37 | +0.446% | $1K | $3.1M | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.13 | +0.331% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.24 | +0.384% | $9K | $9K | 20x | as long as short |
| Polymarket Perps CBRS-USD | +0.0017% | 1h | 208.92 | +0.230% | $53K | $1.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.83 | +0.187% | — | $97K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.00 | +0.269% | $90K | $845K | 10x | as long as short |
| QFEX CBRS-USDshort | +0.0038% | 1h | 209.04 | +0.288% | $1.1M | $3.4M | 10x | |
| Phoenix CBRS | +0.0038% | 1h | 209.03 | +0.283% | $1K | $109K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.09 | +0.312% | $339K | $891K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.21 | +0.369% | $114K | $121K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.19 | +0.360% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.18 | +0.355% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.20 | +0.365% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0347% | 8h | 209.12 | +0.327% | $423K | $235K | — | as long as short |
| Binance CBRSUSDT | +0.0365% | 8h | 209.16 | +0.345% | $10.2M | $29.6M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0368% | 1h | 209.11 | +0.322% | $46K | $268K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0414% | 8h | 209.37 | +0.446% | $148K | $71K | 20x | as long as short |
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Polymarket Perps CBRS-USD
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRS
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT