Funding you earn now, next payment 03:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h −0.033%
Price spread now: Coinbase International against BloFin+0.133%58s7-day average −0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as 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−$450.445% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)−0.184%−$18 · spread now +0.133%, 7d avg −0.109%
=The price spread pays, funding is against you. Coinbase International is 0.242% dearer against BloFin than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of −0.109%): +$24 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.133%, so the current rate has only just turned against you. The two prices were read 58 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 | 209.99 | 0.0191 | pay 0.0191% / 8h | 4h 36m | $148K | $69K | 20x |
| Short | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0104 | get 0.0013% / 1h | 36m 17s | $115K | $116K | 10x |
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$18.17
- Price spread: +0.133% → −0.109%
- $24.22
- Slippage, 4 orders
- −$22.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$38.48
- Costs to cover
- 0.445%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 60 min ago; Coinbase International: live order book, 21 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, 60 min ago | 0.48 bp | 9.9 bp −$10 | 20.1 bp −$201 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 21 min ago | 3.57 bp | 9.8 bp −$10 | 18.7 bp −$187 | 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 | −0.0285% | 4h | 209.92 | −0.031% | $24K | $220K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.88 | −0.052% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.03 | +0.019% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.93 | −0.029% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.96 | −0.013% | $388 | $205K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.16 | +0.081% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.01 | +0.010% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.59 | −0.190% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.75 | −0.114% | $92K | $844K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.82 | −0.081% | $1K | $108K | 10x | as long as short |
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.72 | −0.129% | $42.9M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.82 | −0.081% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.98 | −0.005% | $340K | $723K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 209.88 | −0.052% | $1.1M | $3.1M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0084% | 1h | 209.81 | −0.086% | $12K | $5K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.82 | −0.081% | $115K | $115K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.94 | −0.024% | $25K | $141K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.87 | −0.057% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.90 | −0.043% | $243 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | +0.0104% | 1h | 210.27 | +0.133% | $115K | $116K | 10x | |
| Variational Omni CBRS | +0.0167% | 8h | 209.96 | −0.016% | $424K | $101K | — | as long as short |
| BloFin CBRS-USDTlong | +0.0191% | 8h | 209.99 | long leg | $148K | $69K | 20x | |
| Binance CBRSUSDT | +0.0205% | 8h | 209.92 | −0.031% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0208% | 1h | 209.86 | −0.064% | $45K | $260K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0311% | 8h | 210.05 | +0.029% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0333% | 8h | 210.10 | +0.052% | $2.9M | $2.9M | 50x | as long as short |
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Deribit CBRS_USDC-PERPETUAL
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
Bybit CBRSUSDT
Gate CBRS_USDT