Funding you earn now, next payment 08:00 UTC+0.0715%/8h= +78.3% APRnext payment +$7.15 per $10,000 · paid last 24h +0.079%
Price spread now: BloFin against Bitget+0.141%95s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as 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−$610.613% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.141%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and BloFin is 0.140% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.001%. The two prices were read 95 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 0.119% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.15 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 | Bitget CBRSUSDT | 206.22 | −0.0529 | get 0.0529% / 8h | 1h 53m | $2.4M | $2.5M | 20x |
| Short | BloFin CBRS-USDT | 206.51 | 0.0186 | get 0.0186% / 8h | 1h 53m | $146K | $71K | 20x |
Bitget CBRSUSDT
BloFin CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $150.1
- Price spread: +0.141% → +0.001%
- $13.96
- Slippage, 4 orders
- −$37.28
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $102.77
- Costs to cover
- 0.613%
- Break-even
- 2.2 days
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 21 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 Bitget live order book, 4 min ago | 2.18 bp | 21.0 bp −$21 | 31.9 bp −$319 | 81.9 bp −$8,191 | doesn't fit |
| Sell BloFin live order book, 21 min ago | 1.21 bp | 14.8 bp −$15 | 34.8 bp −$348 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDTlong | −0.0529% | 8h | 206.22 | long leg | $2.4M | $2.5M | 20x | |
| edgeX CBRSUSDC | −0.0435% | 4h | 206.42 | +0.097% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0077% | 1h | 205.72 | −0.242% | $42.0M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.93 | −0.142% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.07 | −0.073% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.37 | +0.073% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.32 | +0.048% | $1K | $2.9M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 205.81 | −0.199% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.49 | +0.131% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 205.69 | −0.257% | — | $107K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 205.84 | −0.184% | $90K | $875K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.79 | −0.209% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.07 | −0.073% | $336K | $717K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 205.97 | −0.121% | $1.1M | $3.0M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.82 | −0.194% | $114K | $110K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.51 | +0.141% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.83 | −0.189% | $814 | $1K | 10x | as long as short |
| Variational Omni CBRS | +0.0103% | 8h | 206.42 | +0.099% | $417K | $93K | — | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.87 | −0.168% | $239 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0151% | 8h | 205.93 | −0.142% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0152% | 1h | 205.95 | −0.133% | $44K | $389K | 10x | as long as short |
| BloFin CBRS-USDTshort | +0.0186% | 8h | 206.51 | +0.141% | $146K | $71K | 20x | |
| GRVT CBRS_USDT_Perp | +0.0221% | 8h | 206.53 | +0.149% | $772 | $215K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0360% | 8h | 205.98 | −0.116% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0368% | 8h | 206.10 | −0.058% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +1.964% | $115K | $116K | 10x | as long as short |
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Variational Omni CBRS
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX