Funding you earn now, next payment 06:00 UTC+0.1199%/8h= +131.3% APRnext payment +$1.50 per $10,000 · paid last 24h +0.146%
Price spread now: Deribit against tradeXYZ+0.184%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
=Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Deribit is 0.184% dearer against tradeXYZ than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CBRS | 206.52 | −0.0094 | get 0.0012% / 1h | 7m 09s | $42.2M | $4.0M | 10x |
| Short | Deribit CBRS_USDC-PERPETUAL | 206.90 | 0.1105 | get 0.0138% / 1h | 7m 09s | $12K | $5K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $251.74
- Price spread: +0.184% → 0.000%
- $18.4
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $245.14
- Costs to cover
- 0.250%
- Break-even
- 0.2 days
Slippage unknown: tradeXYZ: live order book, 12 min ago; Deribit: no order-book sample. 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 tradeXYZ live order book, 12 min ago | 0.73 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | −0.0598% | 8h | 207.03 | +0.247% | $2.4M | $2.5M | 20x | as long as short |
| edgeX CBRSUSDC | −0.0495% | 4h | 206.88 | +0.174% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRSlong | −0.0094% | 1h | 206.52 | long leg | $42.2M | $4.0M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 207.01 | +0.238% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.05 | +0.257% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.62 | +0.048% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.36 | +0.407% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.83 | +0.150% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0015% | 1h | 206.55 | +0.015% | — | $107K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 206.77 | +0.121% | $1.1M | $3.1M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 206.74 | +0.107% | $90K | $887K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.59 | +0.034% | $51K | $1.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0092% | 8h | 206.91 | +0.191% | $417K | $96K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.63 | +0.053% | $115K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.59 | +0.034% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.93 | +0.199% | $818 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.94 | +0.206% | $240 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0156% | 8h | 206.96 | +0.213% | $10.1M | $30.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0160% | 1h | 206.85 | +0.161% | $44K | $389K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0168% | 8h | 206.94 | +0.203% | $145K | $70K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0195% | 8h | 206.90 | +0.185% | $557 | $214K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0209% | 1h | 206.81 | +0.140% | $336K | $719K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0336% | 8h | 206.98 | +0.223% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0359% | 8h | 207.20 | +0.329% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +1.816% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUALshort | +0.1105% | 1h | 206.90 | +0.184% | $12K | $5K | 10x |
tradeXYZ xyz:CBRS
Deribit CBRS_USDC-PERPETUAL
Bitget CBRSUSDT
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX