Funding you earn now, next payment 06:00 UTC+0.0833%/8h= +91.2% APRnext payment +$1.04 per $10,000 · paid last 24h +0.085%
Price spread now: Coinbase International against tradeXYZ+2.276%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs+$168as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days+0.524%+$52 on $10k
+Price spread, last 4 days (all we have)−2.306%−$231 · spread now +2.276%, 7d avg +0.059%
=Together, before fees−1.782%+ Points / potential airdroptradeXYZ: Active · farm board−$178 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Coinbase International is 2.217% dearer against tradeXYZ than usual: you sell high and buy low: +$222 more if the spread goes back to its 7-day average of +0.059%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.524% in total (about 27.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.04 per $10,000. 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 | tradeXYZ xyz:CBRS | 205.59 | −0.0233 | get 0.0029% / 1h | 38m 06s | $42.0M | $4.0M | 10x |
| Short | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0600 | get 0.0075% / 1h | 38m 06s | $115K | $116K | 10x |
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against tradeXYZ. 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
- $174.94
- Price spread: +2.276% → +0.059%
- $221.69
- Slippage, 4 orders
- −$25.27
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $343.36
- Costs to cover
- 0.533%
- Break-even
- from the start
Slippage from tradeXYZ: live order book, 11 min ago; Coinbase International: live order book, 5 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 tradeXYZ live order book, 11 min ago | 0.73 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 5.35 bp | 11.9 bp −$12 | 18.4 bp −$184 | 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 | −0.0628% | 8h | 206.06 | +0.229% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRSlong | −0.0233% | 1h | 205.59 | long leg | $42.0M | $4.0M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 205.80 | +0.103% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.90 | +0.151% | $2.2M | $3.5M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.94 | +0.170% | $1K | $2.9M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 205.59 | 0.000% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.72 | +0.063% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 205.55 | −0.019% | — | $107K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.68 | +0.044% | $90K | $888K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 205.50 | −0.044% | $1K | $108K | 10x | as long as short |
Bitget CBRSUSDT
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.44 | −0.073% | $50K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.52 | −0.034% | $335K | $716K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 205.59 | 0.000% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0083% | 8h | 205.58 | −0.003% | $416K | $89K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.66 | +0.034% | $114K | $110K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.64 | +0.024% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.66 | +0.034% | $813 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.69 | +0.048% | $239 | — | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0128% | 1h | 205.66 | +0.035% | $44K | $389K | 10x | as long as short |
| Binance CBRSUSDT | +0.0131% | 8h | 205.78 | +0.094% | $10.1M | $30.6M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0163% | 8h | 205.66 | +0.034% | $147K | $70K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0202% | 8h | 205.64 | +0.024% | $942 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0333% | 8h | 205.87 | +0.136% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0374% | 8h | 205.90 | +0.151% | $2.9M | $3.0M | 50x | as long as short |
| edgeX CBRSUSDC | +0.0488% | 4h | 205.58 | −0.006% | $23K | $220K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | +0.0600% | 1h | 210.27 | +2.276% | $115K | $116K | 10x |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
edgeX CBRSUSDC