Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance−0.039%71s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as 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−$430.430% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.039%, 7d avg +0.011%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.049% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.011%). Swap the legs. The two prices were read 71 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 | Binance CBRSUSDT | 207.37 | 0.0125 | pay 0.0125% / 8h | 3h 16m | $10.1M | $29.7M | 25x |
| Short | BloFin CBRS-USDT | 207.29 | 0.0101 | get 0.0101% / 8h | 3h 16m | $147K | $69K | 20x |
Binance CBRSUSDT
BloFin CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$4.96
- Price spread: −0.039% → +0.011%
- −$4.93
- Slippage, 4 orders
- −$20.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$52.87
- Costs to cover
- 0.430%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 3 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 Binance live order book, 10 min ago | 0.73 bp | 10.9 bp −$11 | 37.5 bp −$375 | 139.9 bp −$14.0K | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.24 bp | 8.1 bp −$8 | 18.1 bp −$181 | 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 | −0.0344% | 1h | 207.10 | −0.130% | $42.4M | $3.7M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.01 | −0.172% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.45 | +0.039% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 207.47 | +0.048% | $2.4M | $2.4M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.77 | +0.193% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.37 | 0.000% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 207.09 | −0.135% | — | $98K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 207.03 | −0.164% | $89K | $864K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 206.99 | −0.183% | $1K | $108K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0050% | 8h | 207.41 | +0.019% | $257 | $212K | 10x | as long as short |
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRS
GRVT CBRS_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.14 | −0.111% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 207.12 | −0.121% | $336K | $718K | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 207.31 | −0.029% | $1.1M | $3.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0065% | 8h | 207.38 | +0.004% | $418K | $82K | — | as long as short |
| edgeX CBRSUSDC | +0.0095% | 4h | 207.40 | +0.012% | $23K | $221K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.32 | −0.024% | $115K | $113K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.05 | −0.154% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.12 | −0.121% | $819 | $1K | 10x | as long as short |
| BloFin CBRS-USDTshort | +0.0101% | 8h | 207.29 | −0.039% | $147K | $69K | 20x | |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.10 | −0.130% | $240 | — | 10x | as long as short |
| Binance CBRSUSDTlong | +0.0125% | 8h | 207.37 | long leg | $10.1M | $29.7M | 25x | |
| Extended CBRS_24_5-USD | +0.0128% | 1h | 207.31 | −0.028% | $48K | $258K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.398% | $115K | $116K | 10x | as long as short |
| Gate CBRS_USDT | +0.0349% | 8h | 207.40 | +0.014% | $2.8M | $2.9M | 50x | as long as short |
| Bybit CBRSUSDT | +0.0350% | 8h | 207.34 | −0.014% | $2.1M | $2.0M | 25x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.2264% | 1h | 207.34 | −0.014% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
edgeX CBRSUSDC
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
Coinbase International CBRS-PERP-INTX
Gate CBRS_USDT
Bybit CBRSUSDT
Deribit CBRS_USDC-PERPETUAL