Funding you earn now, next payment 04:00 UTC−0.1068%/8h= −116.9% APRpaid last 24h −0.215%
Price spread now: edgeX against BloFin−0.047%341s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as 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−$440.438% of the position
Funding, last 7 days−0.555%−$55 on $10k
+Price spread, last 3 days (all we have)+0.093%+$9 · spread now −0.047%, 7d avg −0.012%
=Together, before fees−0.462%+ Points / potential airdropedgeX: Active · farm board−$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and edgeX is 0.035% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.012%). Swap the legs. The two prices were read 341 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 -0.555% in total (about -28.9% 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 | BloFin CBRS-USDT | 209.37 | 0.0414 | pay 0.0414% / 8h | 6h 42m | $148K | $71K | 20x |
| Short | edgeX CBRSUSDC | 209.27 | −0.0654 | pay 0.0327% / 4h | 2h 42m | $24K | $220K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$224.24
- Price spread: −0.047% → −0.012%
- −$3.45
- Slippage, 4 orders
- −$22.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$271.46
- Costs to cover
- 0.438%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 9 min ago; edgeX: live order book, 24 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, 9 min ago | 0.95 bp | 10.3 bp −$10 | 22.4 bp −$224 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 24 min ago | 5.48 bp | 10.3 bp −$10 | 15.5 bp −$155 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDCshort | −0.0654% | 4h | 209.27 | −0.047% | $24K | $220K | 10x | |
| tradeXYZ xyz:CBRS | −0.0379% | 1h | 208.95 | −0.201% | $42.8M | $3.5M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.444% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.25 | −0.058% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.29 | −0.038% | $2.1M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.22 | −0.072% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.30 | −0.033% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.18 | −0.091% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.25 | −0.057% | $475 | $210K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.67 | +0.143% | $1K | $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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.32 | −0.024% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.37 | 0.000% | $9K | $9K | 20x | as long as short |
| Polymarket Perps CBRS-USD | +0.0005% | 1h | 209.34 | −0.014% | $53K | $1.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.89 | −0.229% | — | $98K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.03 | −0.162% | $90K | $842K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.08 | −0.139% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.37 | 0.000% | $1K | $109K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.23 | −0.067% | $339K | $891K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.26 | −0.053% | $114K | $121K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.44 | +0.033% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.32 | −0.024% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.27 | −0.048% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0366% | 8h | 209.23 | −0.068% | $423K | $235K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0376% | 1h | 209.19 | −0.086% | $46K | $268K | 10x | as long as short |
| Binance CBRSUSDT | +0.0378% | 8h | 209.22 | −0.071% | $10.2M | $29.6M | 25x | as long as short |
| BloFin CBRS-USDTlong | +0.0414% | 8h | 209.37 | long leg | $148K | $71K | 20x |
BloFin CBRS-USDT
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Polymarket Perps CBRS-USD
Lighter CBRS
Phoenix CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT