Funding you earn now, next payment 05:00 UTC−0.0155%/8h= −17.0% APRnext payment −$0.19 per $10,000 · paid last 24h −0.063%
Price spread now: Coinbase International against Deribit+1.467%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
The price spread pays, funding is against you. Coinbase International is 1.467% dearer against Deribit than usual: you sell high and buy low (spread +1.467% now, against zero (this spread has no 7-day history yet)): +$147 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 31 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CBRS_USDC-PERPETUAL | 207.23 | 0.0619 | pay 0.0077% / 1h | 47m 43s | $12K | $5K | 10x |
| Short | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0464 | get 0.0058% / 1h | 47m 43s | $115K | $116K | 10x |
Deribit CBRS_USDC-PERPETUAL
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$32.63
- Price spread: +1.467% → 0.000%
- $146.7
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $97.07
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 65 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 Coinbase International live order book, 65 min ago | 3.58 bp | 10.2 bp −$10 | 19.3 bp −$193 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0305% | 8h | 207.21 | −0.010% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0174% | 1h | 206.93 | −0.145% | $42.3M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.06 | −0.083% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.18 | −0.024% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 207.07 | −0.077% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.55 | +0.154% | $969 | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.33 | +0.048% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0015% | 1h | 206.60 | −0.304% | — | $104K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 207.17 | −0.029% | $1.1M | $3.1M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.99 | −0.116% | $51K | $1.1M | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USD
Polymarket Perps CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CBRS | +0.0082% | 8h | 207.33 | +0.050% | $403K | $91K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.08 | −0.072% | $116K | $112K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.25 | +0.010% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.23 | 0.000% | $820 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.22 | −0.006% | $240 | — | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 207.17 | −0.027% | $44K | $390K | 10x | as long as short |
| Binance CBRSUSDT | +0.0146% | 8h | 207.09 | −0.068% | $10.1M | $30.1M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0149% | 8h | 207.36 | +0.065% | $1K | $213K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0162% | 8h | 207.21 | −0.010% | $147K | $70K | 20x | as long as short |
| Lighter CBRS | +0.0272% | 1h | 207.13 | −0.048% | $90K | $866K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0283% | 1h | 207.32 | +0.043% | $337K | $718K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0315% | 8h | 207.19 | −0.019% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0363% | 8h | 207.40 | +0.082% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | +0.0464% | 1h | 210.27 | +1.467% | $115K | $116K | 10x | |
| Deribit CBRS_USDC-PERPETUALlong | +0.0619% | 1h | 207.23 | long leg | $12K | $5K | 10x | |
| edgeX CBRSUSDC | +0.0794% | 4h | 207.08 | −0.074% | $23K | $220K | 10x | as long as short |
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
BloFin CBRS-USDT
Lighter CBRS
Ondo Perps CBRS-USD.P
Bybit CBRSUSDT
Gate CBRS_USDT
edgeX CBRSUSDC