Funding you earn now, next payment 08:00 UTC−0.0511%/8h= −56.0% APRnext payment −$5.11 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against BloFin+0.057%55s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as 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−$550.555% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 3 days (all we have)−0.028%−$3 · spread now +0.057%, 7d avg −0.001%
=The price spread pays, funding is against you. Bitget is 0.058% dearer against BloFin than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of −0.001%): +$6 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.054% in total) that is about 7.5 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.11 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 | BloFin CBRS-USDT | 209.77 | 0.0511 | pay 0.0511% / 8h | 7h 56m | $146K | $71K | 20x |
| Short | Bitget CBRSUSDT | 209.89 | 0 | get 0.0000% / 8h | 7h 56m | $2.4M | $2.8M | 20x |
BloFin CBRS-USDT
Bitget CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$107.35
- Price spread: +0.057% → −0.001%
- $5.8
- Slippage, 4 orders
- −$31.49
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$157.04
- Costs to cover
- 0.555%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 65 min ago; Bitget: live order book, 1 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 BloFin live order book, 65 min ago | 0.95 bp | 11.0 bp −$11 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.58 bp | 18.9 bp −$19 | 38.8 bp −$388 | 91.9 bp −$9,191 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0310% | 4h | 209.68 | −0.043% | $24K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0305% | 1h | 209.71 | −0.029% | $42.9M | $3.6M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0036% | 1h | 209.96 | +0.091% | $12K | $5K | 10x | as long as short |
| Polymarket Perps CBRS-USD | −0.0019% | 1h | 209.69 | −0.038% | $54K | $1.1M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 210.21 | +0.209% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 210.07 | +0.143% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.00 | +0.110% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 210.10 | +0.157% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDTshort | 0.0000% | 8h | 209.89 | +0.057% | $2.4M | $2.8M | 20x | |
| Phoenix CBRS | 0.0000% | 1h | 209.58 | −0.091% | $1K | $111K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Deribit CBRS_USDC-PERPETUAL
Polymarket Perps CBRS-USD
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CBRS-USDT | 0.0000% | 8h | 210.16 | +0.186% | $883 | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.20 | +0.205% | $9K | $6K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.634% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0027% | 1h | 209.38 | −0.186% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 209.81 | +0.019% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.99 | +0.105% | $91K | $837K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.99 | +0.105% | $347K | $921K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 210.10 | +0.157% | $143K | $91K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.39 | −0.181% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 210.09 | +0.153% | $863 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.05 | +0.132% | $244 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0502% | 8h | 209.93 | +0.077% | $425K | $321K | — | as long as short |
| BloFin CBRS-USDTlong | +0.0511% | 8h | 209.77 | long leg | $146K | $71K | 20x | |
| Binance CBRSUSDT | +0.0536% | 8h | 209.99 | +0.103% | $10.3M | $29.9M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0536% | 1h | 210.01 | +0.115% | $43K | $245K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0576% | 8h | 209.76 | −0.007% | $367 | $221K | 10x | as long as short |
SunX CBRS-USDT
HTX CBRS-USDT
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
GRVT CBRS_USDT_Perp