Funding you earn now, next payment 00:00 UTC+0.0689%/8h= +75.5% APRpaid last 24h +0.072%
Price spread now: BloFin against tradeXYZ+0.167%88s7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as 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−$450.450% of the position
Funding, last 7 days+0.385%+$38 on $10k
+Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.167%, 7d avg +0.116%
=Together, before fees+0.276%+ Points / potential airdroptradeXYZ: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and BloFin is 0.052% dearer against tradeXYZ than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.116%. The two prices were read 88 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 0.385% in total (about 20.1% 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 | tradeXYZ xyz:CBRS | 209.23 | −0.0196 | get 0.0024% / 1h | 13m 43s | $42.8M | $3.6M | 10x |
| Short | BloFin CBRS-USDT | 209.58 | 0.0494 | get 0.0494% / 8h | 13m 43s | $146K | $71K | 20x |
tradeXYZ xyz:CBRS
BloFin CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against tradeXYZ. 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
- $144.74
- Price spread: +0.167% → +0.116%
- $5.16
- Slippage, 4 orders
- −$14.98
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $104.93
- Costs to cover
- 0.450%
- Break-even
- 1.9 days
Slippage from tradeXYZ: live order book, 6 min ago; BloFin: live order book, 48 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 tradeXYZ live order book, 6 min ago | 1.19 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 0.95 bp | 8.9 bp −$9 | 15.7 bp −$157 | 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 | −0.0363% | 4h | 209.58 | +0.166% | $24K | $222K | 10x | as long as short |
| tradeXYZ xyz:CBRSlong | −0.0196% | 1h | 209.23 | long leg | $42.8M | $3.6M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 209.30 | +0.031% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.63 | +0.191% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.49 | +0.124% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.37 | +0.067% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.20 | −0.014% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.80 | +0.272% | $986 | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.73 | +0.239% | $9K | $7K | 20x | as long as short |
| Gate CBRS_USDT | +0.0009% | 8h | 209.50 | +0.129% | $2.9M | $3.1M | 50x | as long as short |
edgeX CBRSUSDC
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Gate CBRS_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0015% | 1h | 209.18 | −0.024% | — | $98K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.378% | $114K | $114K | 10x | as long as short |
| QFEX CBRS-USD | +0.0021% | 1h | 209.31 | +0.038% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.31 | +0.038% | $90K | $875K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.32 | +0.043% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.28 | +0.024% | $342K | $921K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.20 | −0.014% | $143K | $92K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.36 | +0.062% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.41 | +0.086% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.58 | +0.167% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0447% | 8h | 209.60 | +0.179% | $423K | $321K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0488% | 1h | 209.29 | +0.030% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0490% | 8h | 209.33 | +0.048% | $10.3M | $30.0M | 25x | as long as short |
| BloFin CBRS-USDTshort | +0.0494% | 8h | 209.58 | +0.167% | $146K | $71K | 20x | |
| GRVT CBRS_USDT_Perp | +0.0543% | 8h | 209.54 | +0.148% | $482 | $221K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0562% | 1h | 209.50 | +0.129% | $12K | $5K | 10x | as long as short |
Vest CBRS-USD-PERP
Coinbase International CBRS-PERP-INTX
QFEX CBRS-USD
Lighter 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
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
Deribit CBRS_USDC-PERPETUAL