Funding you earn now, next payment 00:00 UTC+0.0471%/8h= +51.6% APRpaid last 24h +0.015%
Price spread now: BloFin against Coinbase International+0.633%7-day average +0.100% · 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+$6as in the Price arb table
costs, in and out, $10k−$470.470% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 3 days (all we have)−0.552%−$55 · spread now +0.633%, 7d avg +0.100%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and BloFin is 0.534% dearer against Coinbase International than usual: you sell high and buy low: +$53 more if the spread goes back to its 7-day average of +0.100%. Mind the row above: over the last 7 days funding on this pair cost −0.144%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.144% in total (about -7.5% 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 | Coinbase International CBRS-PERP-INTX | 208.44 | 0.0024 | pay 0.0003% / 1h | 32m 27s | $114K | $114K | 10x |
| Short | BloFin CBRS-USDT | 209.76 | 0.0495 | get 0.0495% / 8h | 7h 32m | $147K | $71K | 20x |
Coinbase International CBRS-PERP-INTX
BloFin CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Coinbase International. 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
- $99
- Price spread: +0.633% → +0.100%
- $53.38
- Slippage, 4 orders
- −$25
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $105.37
- Costs to cover
- 0.470%
- Break-even
- from the start
Slippage from Coinbase International: live order book, 40 min ago; BloFin: 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 Coinbase International live order book, 40 min ago | 3.58 bp | 9.4 bp −$9 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 24 min ago | 1.19 bp | 14.8 bp −$15 | 28.1 bp −$281 | 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 CBRSUSDC | −0.0973% | 4h | 209.85 | +0.679% | $24K | $222K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0227% | 1h | 209.63 | +0.571% | $12K | $5K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.82 | +0.661% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.76 | +0.633% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.80 | +0.652% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.80 | +0.652% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.86 | +0.681% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.92 | +0.710% | $227 | $213K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.87 | +0.686% | $1K | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.07 | +0.782% | $9K | $6K | 20x | as long as short |
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0012% | 1h | 209.59 | +0.552% | $42.9M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXlong | +0.0024% | 1h | 208.44 | long leg | $114K | $114K | 10x | |
| Vest CBRS-USD-PERP | +0.0029% | 1h | 209.33 | +0.427% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 209.59 | +0.552% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.71 | +0.609% | $91K | $845K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 210.00 | +0.748% | $1K | $111K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.57 | +0.542% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.78 | +0.643% | $348K | $924K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.88 | +0.691% | $145K | $89K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 210.14 | +0.816% | $25K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.84 | +0.672% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.81 | +0.659% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0451% | 8h | 209.81 | +0.658% | $425K | $321K | — | as long as short |
| Binance CBRSUSDT | +0.0466% | 8h | 209.87 | +0.686% | $10.3M | $29.7M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0472% | 1h | 209.74 | +0.622% | $43K | $292K | 10x | as long as short |
| BloFin CBRS-USDTshort | +0.0495% | 8h | 209.76 | +0.633% | $147K | $71K | 20x |
tradeXYZ xyz:CBRS
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Phoenix CBRS
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
Binance CBRSUSDT
Extended CBRS_24_5-USD