Funding you earn now, next payment 07:00 UTC+0.0436%/8h= +47.7% APRpaid last 24h +0.031%
Price spread now: Coinbase International against KuCoin+2.013%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$395as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$4034.028% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)−2.105%−$210 · spread now +2.013%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Coinbase International is 2.014% dearer against KuCoin than usual: you sell high and buy low: +$201 more if the spread goes back to its 7-day average of 0.000%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.082% in total (about 4.3% a year). A funding rate is set anew for every payment. 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 | KuCoin CBRSUSDTM | 206.12 | 0.0100 | pay 0.0100% / 8h | 5m 48s | $113K | $114K | 20x |
| Short | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0536 | get 0.0067% / 1h | 5m 48s | $115K | $112K | 10x |
KuCoin CBRSUSDTM
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against KuCoin. 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
- $91.56
- Price spread: +2.013% → 0.000%
- $201.38
- Slippage, 4 orders
- −$380.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$109.86
- Costs to cover
- 4.028%
- Break-even
- 15.4 days
Slippage from KuCoin: live order book, 18 min ago; Coinbase International: live order book, 32 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 KuCoin live order book, 18 min ago | 10.44 bp | 213.1 bp −$213 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 32 min ago | 3.88 bp | 10.2 bp −$10 | 23.4 bp −$234 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0385% | 8h | 206.29 | +0.082% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0260% | 1h | 205.97 | −0.073% | $42.2M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.20 | +0.039% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.23 | +0.053% | $2.2M | $3.4M | 25x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 206.22 | +0.050% | $401K | $90K | — | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.13 | +0.005% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.48 | +0.175% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.32 | +0.097% | $9K | $10K | 20x | as long as short |
| BloFin CBRS-USDT | +0.0005% | 8h | 206.28 | +0.078% | $147K | $72K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0024% | 1h | 206.19 | +0.034% | $44K | $384K | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Variational Omni CBRS
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
BloFin CBRS-USDT
Extended CBRS_24_5-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0025% | 1h | 205.93 | −0.092% | — | $108K | 10x | as long as short |
| Binance CBRSUSDT | +0.0028% | 8h | 206.24 | +0.058% | $10.1M | $30.6M | 25x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.91 | −0.102% | $91K | $929K | 10x | as long as short |
| QFEX CBRS-USD | +0.0050% | 1h | 206.20 | +0.039% | $1.2M | $3.1M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.00 | −0.058% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.19 | +0.034% | $334K | $717K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0084% | 8h | 206.22 | +0.050% | $524 | $218K | 10x | as long as short |
| KuCoin CBRSUSDTMlong | +0.0100% | 8h | 206.12 | long leg | $113K | $114K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.03 | −0.044% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.07 | −0.024% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.09 | −0.014% | $239 | — | 10x | as long as short |
| edgeX CBRSUSDC | +0.0124% | 4h | 206.19 | +0.035% | $23K | $220K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0160% | 8h | 206.20 | +0.039% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0391% | 8h | 206.40 | +0.136% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | +0.0536% | 1h | 210.27 | +2.013% | $115K | $112K | 10x | |
| Deribit CBRS_USDC-PERPETUAL | +0.1450% | 1h | 206.21 | +0.044% | $12K | $5K | 10x | as long as short |
Vest CBRS-USD-PERP
Binance CBRSUSDT
Lighter CBRS
QFEX CBRS-USD
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
GRVT CBRS_USDT_Perp
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
edgeX CBRSUSDC
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL