Funding you earn now, next payment 08:00 UTC−0.0227%/8h= −24.9% APRnext payment −$2.27 per $10,000 · paid last 24h +0.079%
Price spread now: BloFin against Bybit+0.005%62s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as 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−$610.605% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.005%, 7d avg +0.014%
=The price spread sits at its 7-day average of +0.014%, 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 +0.091%, so the current rate has only just turned against you. The two prices were read 62 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 0.091% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.27 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 | Bybit CBRSUSDT | 205.58 | 0.0339 | pay 0.0339% / 8h | 1h 40m | $2.1M | $2.0M | 25x |
| Short | BloFin CBRS-USDT | 205.59 | 0.0112 | get 0.0112% / 8h | 1h 40m | $147K | $70K | 20x |
Bybit CBRSUSDT
BloFin CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$47.7
- Price spread: +0.005% → +0.014%
- −$0.92
- Slippage, 4 orders
- −$37.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$109.12
- Costs to cover
- 0.605%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 34 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 Bybit live order book, 1 min ago | 2.92 bp | 18.9 bp −$19 | 122.3 bp −$1,223 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 34 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 CBRSUSDT | −0.0614% | 8h | 205.71 | +0.063% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0199% | 1h | 205.33 | −0.122% | $42.0M | $4.0M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0086% | 4h | 205.66 | +0.038% | $23K | $222K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.74 | +0.077% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.61 | +0.015% | $2.2M | $3.5M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.94 | +0.175% | $1K | $2.9M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 205.58 | 0.000% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.72 | +0.068% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 205.45 | −0.063% | — | $107K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.59 | +0.005% | $89K | $884K | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | +0.0039% | 1h | 205.50 | −0.039% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.40 | −0.088% | $50K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.63 | +0.024% | $335K | $714K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 205.61 | +0.015% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0083% | 8h | 205.58 | +0.002% | $416K | $89K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.57 | −0.005% | $114K | $110K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.59 | +0.005% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.60 | +0.010% | $813 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.59 | +0.004% | $238 | — | 10x | as long as short |
| BloFin CBRS-USDTshort | +0.0112% | 8h | 205.59 | +0.005% | $147K | $70K | 20x | |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 205.57 | −0.003% | $44K | $389K | 10x | as long as short |
| Binance CBRSUSDT | +0.0138% | 8h | 205.62 | +0.019% | $10.1M | $30.5M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0207% | 8h | 205.77 | +0.093% | $302 | $217K | 10x | as long as short |
| Bybit CBRSUSDTlong | +0.0339% | 8h | 205.58 | long leg | $2.1M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0373% | 8h | 205.80 | +0.107% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +2.281% | $115K | $116K | 10x | as long as short |
Phoenix CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX