Funding you earn now, next payment 02:00 UTC−0.1096%/8h= −120.0% APRnext payment −$1.37 per $10,000 · paid last 24h −0.133%
Price spread now: tradeXYZ against Deribit−0.152%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and tradeXYZ is 0.152% cheaper against Deribit than usual: you would sell low and buy high (−$15 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 | Deribit CBRS_USDC-PERPETUAL | 209.91 | 0.0608 | pay 0.0076% / 1h | 58m 48s | $12K | $5K | 10x |
| Short | tradeXYZ xyz:CBRS | 209.59 | −0.0488 | pay 0.0061% / 1h | 58m 48s | $42.9M | $3.6M | 10x |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$230.17
- Price spread: −0.152% → 0.000%
- −$15.24
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$270.42
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; tradeXYZ: live order book, 11 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 tradeXYZ live order book, 11 min ago | 0.95 bp | 11.9 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRSshort | −0.0488% | 1h | 209.59 | −0.152% | $42.9M | $3.6M | 10x | |
| Polymarket Perps CBRS-USD | −0.0157% | 1h | 209.74 | −0.081% | $53K | $1.1M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.700% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.86 | −0.023% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.84 | −0.033% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.83 | −0.038% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.98 | +0.033% | $1K | $210K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.21 | +0.143% | $967 | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.06 | +0.071% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0029% | 1h | 209.68 | −0.110% | — | $98K | 10x | as long as short |
Polymarket Perps CBRS-USD
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USD | +0.0031% | 1h | 209.85 | −0.029% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.60 | −0.148% | $90K | $842K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.76 | −0.071% | $1K | $109K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.81 | −0.048% | $342K | $923K | 10x | as long as short |
| Gate CBRS_USDT | +0.0074% | 8h | 209.90 | −0.005% | $2.9M | $2.9M | 50x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.87 | −0.019% | $114K | $122K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.88 | −0.014% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.91 | 0.000% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.92 | +0.006% | $244 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0197% | 8h | 209.91 | 0.000% | $2.0M | $1.9M | 25x | as long as short |
| edgeX CBRSUSDC | +0.0394% | 4h | 209.93 | +0.010% | $24K | $221K | 10x | as long as short |
| Variational Omni CBRS | +0.0407% | 8h | 209.93 | +0.011% | $424K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0431% | 8h | 209.90 | −0.005% | $147K | $71K | 20x | as long as short |
| Binance CBRSUSDT | +0.0438% | 8h | 209.81 | −0.049% | $10.3M | $29.8M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0440% | 1h | 209.79 | −0.058% | $46K | $270K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUALlong | +0.0608% | 1h | 209.91 | long leg | $12K | $5K | 10x |
QFEX CBRS-USD
Lighter CBRS
Phoenix CBRS
Ondo Perps CBRS-USD.P
Gate CBRS_USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Bybit CBRSUSDT
edgeX CBRSUSDC
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD