Funding you earn now, next payment 16:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Binance+0.067%61s7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as 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−$540.538% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.067%, 7d avg +0.009%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.058% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.009%. The two prices were read 61 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 | Binance CBRSUSDT | 207.54 | 0.0093 | pay 0.0093% / 8h | 5h 28m | $10.2M | $33.0M | 25x |
| Short | BloFin CBRS-USDT | 207.68 | 0.0112 | get 0.0112% / 8h | 5h 28m | $150K | $75K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $4.03
- Price spread: +0.067% → +0.009%
- $5.8
- Slippage, 4 orders
- −$31.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$43.97
- Costs to cover
- 0.538%
- Break-even
- 83.3 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 9 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 Binance live order book, 7 min ago | 0.24 bp | 10.5 bp −$11 | 34.7 bp −$347 | 124.9 bp −$12.5K | doesn't fit |
| Sell BloFin live order book, 9 min ago | 0.48 bp | 14.9 bp −$15 | 29.2 bp −$292 | doesn't fit | doesn't fit |
CBRS on 26 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0906% | 4h | 207.54 | +0.002% | $23K | $222K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0228% | 1h | 207.40 | −0.067% | $42.6M | $4.1M | 10x | as long as short |
| Phoenix CBRS | −0.0116% | 1h | 207.42 | −0.058% | $1K | $109K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0087% | 1h | 207.56 | +0.010% | $12K | $5K | 10x | as long as short |
| QFEX CBRS-USD | −0.0009% | 1h | 207.52 | −0.010% | $1.1M | $3.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.70 | +0.076% | $66K | $149K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 207.69 | +0.072% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.66 | +0.058% | $2.2M | $3.4M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 207.56 | +0.010% | $2.3M | $2.8M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.89 | +0.169% | $1K | $2.4M | 10x | as long as short |
Show all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CBRS-USDT | 0.0000% | 8h | 207.67 | +0.063% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.14 | +0.289% | — | $106K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 207.43 | −0.053% | $90K | $1.2M | 10x | as long as short |
| Variational Omni CBRS | +0.0047% | 8h | 207.61 | +0.032% | $398K | $101K | — | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.60 | +0.029% | $51K | $462K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 207.53 | −0.005% | $327K | $732K | 10x | as long as short |
| Binance CBRSUSDTlong | +0.0093% | 8h | 207.54 | long leg | $10.2M | $33.0M | 25x | |
| Extended CBRS_24_5-USD | +0.0096% | 1h | 207.47 | −0.033% | $45K | $383K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.53 | −0.005% | $821 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.67 | +0.063% | $113K | $287K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.51 | −0.014% | $24K | $139K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.51 | −0.015% | $241 | — | 10x | as long as short |
| BloFin CBRS-USDTshort | +0.0112% | 8h | 207.68 | +0.067% | $150K | $75K | 20x | |
| Gate CBRS_USDT | +0.0257% | 8h | 207.60 | +0.029% | $2.9M | $3.3M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0320% | 1h | 210.27 | +1.315% | $115K | $107K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0550% | 8h | 207.57 | +0.012% | $556 | $232K | 10x | as long as short |
Binance CBRSUSDT
BloFin CBRS-USDT
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Phoenix CBRS
Deribit CBRS_USDC-PERPETUAL
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Variational Omni CBRS
Polymarket Perps CBRS-USD
Extended CBRS_24_5-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
GRVT CBRS_USDT_Perp