Funding you earn now, next payment 08:00 UTC+0.0192%/8h= +21.0% APRnext payment +$1.92 per $10,000 · paid last 24h −0.079%
Price spread now: Bybit against BloFin+0.015%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$610.613% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.015%, 7d avg −0.015%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.029% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.015%. 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 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 +$1.92 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 | BloFin CBRS-USDT | 206.77 | 0.0161 | pay 0.0161% / 8h | 2h 03m | $145K | $71K | 20x |
| Short | Bybit CBRSUSDT | 206.80 | 0.0353 | get 0.0353% / 8h | 2h 03m | $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
- $40.26
- Price spread: +0.015% → −0.015%
- $2.94
- Slippage, 4 orders
- −$38.34
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$18.14
- Costs to cover
- 0.613%
- Break-even
- 10.2 days
Slippage from BloFin: live order book, 11 min ago; Bybit: live order book, 4 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, 11 min ago | 1.21 bp | 9.5 bp −$9 | 15.0 bp −$150 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.86 bp | 19.8 bp −$20 | 138.8 bp −$1,388 | 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 | −0.0556% | 8h | 206.75 | −0.010% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0071% | 1h | 206.47 | −0.145% | $42.2M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.85 | +0.041% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.79 | +0.010% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.79 | +0.010% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.96 | +0.092% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.76 | −0.005% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0015% | 1h | 206.33 | −0.213% | — | $107K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 206.61 | −0.077% | $1.1M | $3.1M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.48 | −0.140% | $90K | $887K | 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 | 206.45 | −0.155% | $51K | $1.1M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.54 | −0.111% | $115K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.78 | +0.005% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.69 | −0.039% | $817 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.73 | −0.020% | $240 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0110% | 8h | 207.01 | +0.118% | $418K | $95K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0160% | 1h | 206.59 | −0.087% | $44K | $389K | 10x | as long as short |
| BloFin CBRS-USDTlong | +0.0161% | 8h | 206.77 | long leg | $145K | $71K | 20x | |
| Binance CBRSUSDT | +0.0164% | 8h | 206.69 | −0.040% | $10.1M | $30.5M | 25x | as long as short |
| edgeX CBRSUSDC | +0.0170% | 4h | 206.87 | +0.046% | $23K | $221K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0213% | 8h | 207.03 | +0.126% | $551 | $213K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0214% | 1h | 206.78 | +0.005% | $336K | $719K | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0353% | 8h | 206.80 | +0.015% | $2.1M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0364% | 8h | 206.90 | +0.063% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +1.693% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0767% | 1h | 206.63 | −0.068% | $12K | $5K | 10x | as long as short |
BloFin CBRS-USDT
Bybit CBRSUSDT
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
edgeX CBRSUSDC
GRVT CBRS_USDT_Perp
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL