Funding you earn now, next payment 01:00 UTC+0.0520%/8h= +57.0% APRpaid last 24h −0.011%
Price spread now: Binance against Deribit+0.043%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 +$16 a day on $10k at the current rate, and Binance is 0.043% dearer against Deribit than usual: you sell high and buy low: +$4 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 | Deribit CBRS_USDC-PERPETUAL | 209.87 | 0 | get 0.0000% / 1h | 52m 20s | $12K | $5K | 10x |
| Short | Binance CBRSUSDT | 209.96 | 0.0520 | get 0.0520% / 8h | 7h 52m | $10.3M | $29.8M | 25x |
Deribit CBRS_USDC-PERPETUAL
Binance CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- $109.27
- Price spread: +0.043% → 0.000%
- $4.29
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $96.56
- Costs to cover
- 0.170%
- Break-even
- 0.8 days
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 4 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 0.95 bp | 13.6 bp −$14 | 32.1 bp −$321 | 126.3 bp −$12.6K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0073% | 1h | 209.55 | −0.152% | $42.9M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.93 | +0.030% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.95 | +0.038% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.93 | +0.029% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 210.00 | +0.062% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.94 | +0.033% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.70 | −0.079% | $359 | $218K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.07 | +0.095% | $1K | $3.2M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUALlong | 0.0000% | 1h | 209.87 | long leg | $12K | $5K | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 209.94 | +0.033% | $9K | $6K | 20x | as long as short |
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.681% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0027% | 1h | 209.32 | −0.262% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 209.86 | −0.005% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.84 | −0.014% | $91K | $843K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.82 | −0.024% | $1K | $111K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0048% | 4h | 209.72 | −0.071% | $24K | $221K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.61 | −0.124% | $54K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.90 | +0.014% | $347K | $918K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.80 | −0.033% | $143K | $90K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.96 | +0.043% | $25K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.97 | +0.048% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.92 | +0.025% | $244 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0502% | 8h | 209.93 | +0.029% | $425K | $321K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0520% | 1h | 209.96 | +0.041% | $44K | $251K | 10x | as long as short |
| Binance CBRSUSDTshort | +0.0520% | 8h | 209.96 | +0.043% | $10.3M | $29.8M | 25x | |
| BloFin CBRS-USDT | +0.0536% | 8h | 209.85 | −0.010% | $146K | $71K | 20x | as long as short |
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Phoenix CBRS
edgeX CBRSUSDC
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
BloFin CBRS-USDT