Funding you earn now, next payment 08:00 UTC+0.0414%/8h= +45.4% APRnext payment +$4.14 per $10,000 · paid last 24h +0.070%
Price spread now: BloFin against OKX+0.191%893s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as 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−$600.602% of the position
Funding, last 7 days+0.147%+$15 on $10k
+Price spread, last 3 days (all we have)−0.179%−$18 · spread now +0.191%, 7d avg +0.028%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BloFin is 0.164% dearer against OKX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.028%. The two prices were read 893 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 0.147% in total (about 7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.14 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 | OKX CBRS-USDT-SWAP | 208.97 | 0 | get 0.0000% / 8h | 6h 34m | $2.2M | $3.6M | 25x |
| Short | BloFin CBRS-USDT | 209.37 | 0.0414 | get 0.0414% / 8h | 6h 34m | $148K | $71K | 20x |
OKX CBRS-USDT-SWAP
BloFin CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $87
- Price spread: +0.191% → +0.028%
- $16.37
- Slippage, 4 orders
- −$38.24
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $43.12
- Costs to cover
- 0.602%
- Break-even
- 3.5 days
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 17 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 OKX live order book, 3 min ago | 0.24 bp | 17.2 bp −$17 | 60.1 bp −$601 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 0.95 bp | 12.7 bp −$13 | 26.4 bp −$264 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0299% | 1h | 208.68 | −0.139% | $42.7M | $3.5M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.254% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.87 | −0.049% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.99 | +0.010% | $2.1M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAPlong | 0.0000% | 8h | 208.97 | long leg | $2.2M | $3.6M | 25x | |
| Gate CBRS_USDT | 0.0000% | 8h | 209.00 | +0.014% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.91 | −0.029% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.17 | +0.094% | $456 | $208K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.25 | +0.134% | $1K | $3.1M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.12 | +0.072% | $9K | $9K | 20x | as long as short |
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.69 | −0.134% | — | $97K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.61 | −0.172% | $90K | $846K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 208.86 | −0.053% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.10 | +0.062% | $1K | $109K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0046% | 1h | 208.68 | −0.139% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.96 | −0.005% | $339K | $890K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.78 | −0.091% | $114K | $121K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.10 | +0.062% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.85 | −0.057% | $858 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.90 | −0.032% | $242 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0327% | 8h | 208.98 | +0.006% | $422K | $234K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0352% | 1h | 208.89 | −0.036% | $46K | $268K | 10x | as long as short |
| Binance CBRSUSDT | +0.0352% | 8h | 208.95 | −0.010% | $10.2M | $29.7M | 25x | as long as short |
| BloFin CBRS-USDTshort | +0.0414% | 8h | 209.37 | +0.191% | $148K | $71K | 20x | |
| edgeX CBRSUSDC | +0.0864% | 4h | 209.09 | +0.058% | $24K | $219K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1188% | 1h | 208.92 | −0.024% | $12K | $5K | 10x | as long as short |
Vest CBRS-USD-PERP
Lighter CBRS
QFEX CBRS-USD
Phoenix 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
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL