Funding you earn now, next payment 08:00 UTC−0.0511%/8h= −55.9% APRnext payment −$5.11 per $10,000 · paid last 24h −0.016%
Price spread now: GRVT against BloFin−0.112%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$570.572% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 3 days (all we have)+0.163%+$16 · spread now −0.112%, 7d avg −0.007%
=Together, before fees+0.212%+ Points / potential airdropGRVT: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and GRVT is 0.105% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.049% in total (about 2.5% 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 | 209.94 | 0.0511 | pay 0.0511% / 8h | 7h 54m | $146K | $71K | 20x |
| Short | GRVT CBRS_USDT_Perp | 209.70 | 0 | get 0.0000% / 8h | 7h 54m | $359 | $218K | 10x |
BloFin CBRS-USDT
GRVT CBRS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$107.22
- Price spread: −0.112% → −0.007%
- −$10.54
- Slippage, 4 orders
- −$36.2
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$174.96
- Costs to cover
- 0.572%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 67 min ago; GRVT: live order book, 18 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, 67 min ago | 0.95 bp | 11.0 bp −$11 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 18 min ago | 2.39 bp | 20.5 bp −$20 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.0464% | 1h | 209.86 | −0.038% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0255% | 1h | 209.59 | −0.167% | $42.9M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 210.04 | +0.047% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.94 | 0.000% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.83 | −0.052% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.90 | −0.019% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.79 | −0.071% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perpshort | 0.0000% | 8h | 209.70 | −0.112% | $359 | $218K | 10x | |
| Phoenix CBRS | 0.0000% | 1h | 209.82 | −0.057% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.18 | +0.114% | $1K | $3.2M | 10x | as long as short |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CBRS-USDT | 0.0000% | 8h | 210.20 | +0.124% | $9K | $6K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.714% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0027% | 1h | 209.27 | −0.319% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 209.73 | −0.100% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.96 | +0.010% | $91K | $842K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0048% | 4h | 209.72 | −0.104% | $24K | $221K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.62 | −0.152% | $54K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.99 | +0.024% | $347K | $920K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.83 | −0.052% | $143K | $91K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.96 | +0.010% | $25K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.99 | +0.024% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.03 | +0.041% | $244 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0502% | 8h | 209.93 | −0.004% | $425K | $321K | — | as long as short |
| BloFin CBRS-USDTlong | +0.0511% | 8h | 209.94 | long leg | $146K | $71K | 20x | |
| Extended CBRS_24_5-USD | +0.0528% | 1h | 209.76 | −0.086% | $43K | $245K | 10x | as long as short |
| Binance CBRSUSDT | +0.0529% | 8h | 209.80 | −0.068% | $10.3M | $29.9M | 25x | as long as short |
HTX CBRS-USDT
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
edgeX CBRSUSDC
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT