Funding you earn now, next payment 08:00 UTC−0.0235%/8h= −25.7% APRnext payment −$2.35 per $10,000 · paid last 24h +0.047%
Price spread now: BloFin against Gate0.000%93s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as 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−$620.621% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now 0.000%, 7d avg +0.005%
=The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.071%, so the current rate has only just turned against you. The two prices were read 93 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 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.35 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 | Gate CBRS_USDT | 209.50 | 0.0399 | pay 0.0399% / 8h | 3h 51m | $2.9M | $2.9M | 50x |
| Short | BloFin CBRS-USDT | 209.50 | 0.0164 | get 0.0164% / 8h | 3h 51m | $148K | $70K | 20x |
Gate CBRS_USDT
BloFin CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$49.3
- Price spread: 0.000% → +0.005%
- −$0.54
- Slippage, 4 orders
- −$35.15
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$111.99
- Costs to cover
- 0.621%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 38 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 Gate live order book, 1 min ago | 4.77 bp | 14.2 bp −$14 | 37.5 bp −$375 | 55.5 bp −$5,554 | doesn't fit |
| Sell BloFin live order book, 38 min ago | 1.19 bp | 12.7 bp −$13 | 24.5 bp −$245 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0410% | 1h | 208.99 | −0.243% | $42.8M | $3.6M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0343% | 4h | 209.38 | −0.057% | $24K | $220K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.20 | −0.143% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.39 | −0.053% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.35 | −0.072% | $2.4M | $2.7M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.61 | +0.053% | $419 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.51 | +0.005% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.02 | −0.229% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.19 | −0.148% | $90K | $834K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.07 | −0.205% | $1K | $108K | 10x | as long as short |
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CBRS_USDT_Perp | +0.0045% | 8h | 209.42 | −0.038% | $620 | $209K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.21 | −0.138% | $53K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 209.24 | −0.124% | $1.1M | $3.1M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.28 | −0.105% | $114K | $114K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.46 | −0.019% | $25K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.13 | −0.177% | $827 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.35 | −0.070% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0105% | 8h | 209.52 | +0.011% | $422K | $92K | — | as long as short |
| BloFin CBRS-USDTshort | +0.0164% | 8h | 209.50 | 0.000% | $148K | $70K | 20x | |
| Extended CBRS_24_5-USD | +0.0168% | 1h | 209.24 | −0.123% | $45K | $263K | 10x | as long as short |
| Binance CBRSUSDT | +0.0172% | 8h | 209.28 | −0.105% | $10.2M | $29.5M | 25x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0234% | 1h | 209.10 | −0.191% | $340K | $719K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +0.368% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0391% | 8h | 209.30 | −0.095% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDTlong | +0.0399% | 8h | 209.50 | long leg | $2.9M | $2.9M | 50x | |
| Deribit CBRS_USDC-PERPETUAL | +0.1233% | 1h | 209.35 | −0.072% | $12K | $5K | 10x | as long as short |
GRVT CBRS_USDT_Perp
Polymarket Perps CBRS-USD
QFEX CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
Ondo Perps CBRS-USD.P
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Deribit CBRS_USDC-PERPETUAL