CBRS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0582%/8h= −63.7% APRnext payment −$0.73 per $10,000 · paid last 24h −0.050%

Price spread now: Vest against Coinbase International−2.288%7-day average +0.387% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.136%−$14 on $10k

Price spread, last 4 days (all we have)+2.331%+$233 · spread now −2.288%, 7d avg +0.387%

Together, before fees+2.195%+ Points / potential airdropVest: Active · farm board+$219 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Vest is 2.675% cheaper against Coinbase International than usual: you would sell low and buy high (−$267 if the spread goes back to its 7-day average of +0.387%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.136% in total (about -14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.73 per $10,000. 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	0.0600	pay 0.0075% / 1h	39m 25s	$115K	$116K	10x
Short	Vest CBRS-USD-PERP	205.46	0.0018	get 0.0002% / 1h	39m 25s	—	$107K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee VestbpOrdersPrice spread, now −2.288%Rate

Funding earned: −$122.17
Price spread: −2.288% → +0.387%: −$267.47
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$401.64
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 3 min ago; Vest: 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, 3 min ago	5.35 bp	12.1 bp −$12	22.9 bp −$229	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Bitget CBRSUSDT	−0.0622%	8h	205.77	−2.140%	$2.4M	$2.5M	20x	as long as short
tradeXYZ xyz:CBRS	−0.0220%	1h	205.32	−2.354%	$42.0M	$4.0M	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	205.63	−2.206%	$65K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	205.69	−2.178%	$2.2M	$3.5M	25x	as long as short
SunX CBRS-USDT	0.0000%	8h	205.90	−2.078%	$2K	$2.9M	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	0.0000%	1h	205.54	−2.249%	$12K	$5K	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	205.72	−2.164%	$9K	$10K	20x	as long as short
Vest CBRS-USD-PERPshort	+0.0018%	1h	205.46	−2.288%	—	$107K	10x
Lighter CBRS	+0.0032%	1h	205.61	−2.216%	$89K	$888K	10x	as long as short
Phoenix CBRS	+0.0039%	1h	205.50	−2.269%	$1K	$108K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CBRS-USD	+0.0050%	1h	205.41	−2.311%	$50K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	205.53	−2.254%	$335K	$714K	10x	as long as short
QFEX CBRS-USD	+0.0080%	1h	205.62	−2.211%	$1.1M	$3.0M	10x	as long as short
Variational Omni CBRS	+0.0083%	8h	205.58	−2.229%	$416K	$89K	—	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	205.51	−2.264%	$114K	$110K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	205.64	−2.202%	$24K	$138K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	205.56	−2.240%	$813	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	205.57	−2.234%	$238	—	10x	as long as short
BloFin CBRS-USDT	+0.0112%	8h	205.59	−2.226%	$147K	$70K	20x	as long as short
Binance CBRSUSDT	+0.0133%	8h	205.54	−2.248%	$10.1M	$30.5M	25x	as long as short
Extended CBRS_24_5-USD	+0.0136%	1h	205.50	−2.270%	$44K	$389K	10x	as long as short
GRVT CBRS_USDT_Perp	+0.0202%	8h	205.64	−2.202%	$942	$217K	10x	as long as short
Bybit CBRSUSDT	+0.0336%	8h	205.60	−2.221%	$2.1M	$2.0M	25x	as long as short
Gate CBRS_USDT	+0.0374%	8h	205.80	−2.126%	$2.9M	$3.0M	50x	as long as short
edgeX CBRSUSDC	+0.0488%	4h	205.58	−2.232%	$23K	$220K	10x	as long as short
Coinbase International CBRS-PERP-INTXlong	+0.0600%	1h	210.27	long leg	$115K	$116K	10x