Funding you earn now, next payment 08:00 UTC+0.0169%/8h= +18.5% APRnext payment +$1.69 per $10,000 · paid last 24h −0.079%
Price spread now: Bybit against BloFin+0.145%52s7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as 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−$590.590% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.145%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.161% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.016%. Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CBRS-USDT | 206.55 | 0.0164 | pay 0.0164% / 8h | 3h 06m | $147K | $69K | 20x |
| Short | Bybit CBRSUSDT | 206.85 | 0.0333 | get 0.0333% / 8h | 3h 06m | $2.1M | $2.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $35.48
- Price spread: +0.145% → −0.016%
- $16.11
- Slippage, 4 orders
- −$36.01
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$7.41
- Costs to cover
- 0.590%
- Break-even
- 8.5 days
Slippage from BloFin: live order book, 13 min ago; Bybit: live order book, just now.
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, 13 min ago | 0.24 bp | 10.4 bp −$10 | 26.1 bp −$261 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 3.38 bp | 19.0 bp −$19 | 126.9 bp −$1,269 | 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 | −0.0500% | 4h | 206.59 | +0.019% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0347% | 1h | 206.76 | +0.102% | $42.3M | $3.8M | 10x | as long as short |
| Bitget CBRSUSDT | −0.0172% | 8h | 206.99 | +0.213% | $2.4M | $2.4M | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.77 | +0.105% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.05 | +0.242% | $2.2M | $3.5M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.27 | +0.349% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.67 | +0.058% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 206.58 | +0.015% | — | $103K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.84 | +0.140% | $89K | $870K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 206.37 | −0.087% | $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 | 206.73 | +0.087% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0052% | 1h | 206.73 | +0.087% | $336K | $713K | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 206.68 | +0.063% | $1.1M | $3.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0065% | 8h | 206.56 | +0.006% | $417K | $81K | — | as long as short |
| GRVT CBRS_USDT_Perp | +0.0090% | 8h | 206.59 | +0.019% | $1K | $211K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.67 | +0.058% | $115K | $112K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.67 | +0.058% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.84 | +0.140% | $818 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.88 | +0.158% | $240 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0132% | 8h | 206.89 | +0.165% | $10.1M | $29.8M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 206.86 | +0.150% | $44K | $317K | 10x | as long as short |
| BloFin CBRS-USDTlong | +0.0164% | 8h | 206.55 | long leg | $147K | $69K | 20x | |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.801% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0333% | 8h | 206.85 | +0.145% | $2.1M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0338% | 8h | 207.10 | +0.266% | $2.8M | $3.0M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1008% | 1h | 206.89 | +0.165% | $12K | $5K | 10x | as long as short |
BloFin CBRS-USDT
Bybit CBRSUSDT
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Bitget CBRSUSDT
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USD
Variational Omni CBRS
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
Coinbase International CBRS-PERP-INTX
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL