Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.28 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against BloFin+0.010%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.010%, 7d avg −0.011%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.020% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CBRS-USDT | 208.76 | 0.0138 | pay 0.0138% / 8h | 3h 42m | $148K | $69K | 20x |
| Short | Binance CBRSUSDT | 208.78 | 0.0166 | get 0.0166% / 8h | 3h 42m | $10.1M | $29.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $5.84
- Price spread: +0.010% → −0.011%
- $2.03
- Slippage, 4 orders
- −$26.01
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$40.14
- Costs to cover
- 0.480%
- Break-even
- 55.1 days
Slippage from BloFin: live order book, 47 min ago; Binance: live order book, 14 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, 47 min ago | 1.19 bp | 12.2 bp −$12 | 20.1 bp −$201 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.43 bp | 11.4 bp −$11 | 31.0 bp −$310 | 123.9 bp −$12.4K | 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 | −0.0368% | 1h | 208.52 | −0.115% | $42.7M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.71 | −0.026% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.86 | +0.048% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.76 | 0.000% | $2.4M | $2.7M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.01 | +0.120% | $769 | $3.0M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 208.73 | −0.014% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.83 | +0.034% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 208.44 | −0.153% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.65 | −0.053% | $90K | $840K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 208.63 | −0.062% | $1K | $108K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.58 | −0.086% | $53K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 208.76 | 0.000% | $1.1M | $3.1M | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0067% | 8h | 208.78 | +0.010% | $257 | $209K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0072% | 1h | 208.91 | +0.072% | $339K | $719K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.75 | −0.005% | $114K | $113K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.79 | +0.014% | $24K | $141K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.76 | 0.000% | $826 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.78 | +0.009% | $242 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0107% | 8h | 208.90 | +0.066% | $421K | $89K | — | as long as short |
| BloFin CBRS-USDTlong | +0.0138% | 8h | 208.76 | long leg | $148K | $69K | 20x | |
| Binance CBRSUSDTshort | +0.0166% | 8h | 208.78 | +0.010% | $10.1M | $29.5M | 25x | |
| Extended CBRS_24_5-USD | +0.0168% | 1h | 208.67 | −0.042% | $49K | $263K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +0.723% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0373% | 8h | 208.90 | +0.067% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0398% | 8h | 208.90 | +0.067% | $2.9M | $2.9M | 50x | as long as short |
| edgeX CBRSUSDC | +0.0746% | 4h | 208.95 | +0.091% | $24K | $221K | 10x | as long as short |
BloFin CBRS-USDT
Binance CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USD
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
Extended CBRS_24_5-USD
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT
edgeX CBRSUSDC