Funding you earn now, next payment 22:00 UTC−0.0302%/8h= −33.1% APRpaid last 24h +0.167%
Price spread now: Coinbase International against edgeX−0.430%77s7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs+$20as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.468% of the position
Funding, last 7 days+0.673%+$67 on $10k
+Price spread, last 3 days (all we have)+0.299%+$30 · spread now −0.430%, 7d avg −0.074%
=Together, before fees+0.972%+ Points / potential airdropedgeX: Active · farm board+$97 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Coinbase International is 0.356% cheaper against edgeX than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of −0.074%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.673%, so the current rate has only just turned against you. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CBRSUSDC | 209.34 | 0.0294 | pay 0.0147% / 4h | 1h 23m | $24K | $219K | 10x |
| Short | Coinbase International CBRS-PERP-INTX | 208.44 | −0.0008 | pay 0.0001% / 1h | 23m 49s | $114K | $114K | 10x |
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against edgeX. 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
- −$63.49
- Price spread: −0.430% → −0.074%
- −$35.65
- Slippage, 4 orders
- −$27.84
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$145.98
- Costs to cover
- 0.468%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 58 min ago; Coinbase International: live order book, 59 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 edgeX live order book, 58 min ago | 5.99 bp | 11.1 bp −$11 | 17.0 bp −$170 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 59 min ago | 6.24 bp | 12.5 bp −$12 | 23.7 bp −$237 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0033% | 1h | 209.12 | −0.105% | $42.8M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | −0.0008% | 1h | 208.44 | −0.430% | $114K | $114K | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 209.07 | −0.128% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.34 | 0.000% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.32 | −0.010% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.40 | +0.028% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.25 | −0.043% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.17 | −0.082% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.52 | +0.086% | $838 | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.49 | +0.071% | $9K | $6K | 20x | as long as short |
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0021% | 1h | 208.94 | −0.191% | — | $90K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 209.26 | −0.039% | $1.1M | $3.3M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.33 | −0.005% | $90K | $894K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.17 | −0.082% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.25 | −0.043% | $349K | $910K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.11 | −0.110% | $143K | $96K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.85 | −0.234% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.29 | −0.024% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.37 | +0.015% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0209% | 8h | 209.39 | +0.025% | $422K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0244% | 8h | 209.26 | −0.039% | $146K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0256% | 1h | 209.26 | −0.038% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0259% | 8h | 209.30 | −0.018% | $10.3M | $30.2M | 25x | as long as short |
| edgeX CBRSUSDClong | +0.0294% | 4h | 209.34 | long leg | $24K | $219K | 10x | |
| GRVT CBRS_USDT_Perp | +0.0396% | 8h | 209.34 | −0.003% | $682 | $233K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0706% | 1h | 209.36 | +0.009% | $12K | $28K | 10x | as long as short |
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
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
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
Deribit CBRS_USDC-PERPETUAL