Funding you earn now, next payment 16:00 UTC−0.0019%/8h= −2.0% APRnext payment −$0.19 per $10,000 · paid last 24h −0.061%
Price spread now: OKX against BloFin+0.044%93s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as 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−$660.656% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.044%, 7d avg −0.021%
=The price spread pays, funding is against you. OKX is 0.065% dearer against BloFin than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.021%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.139% in total) that is about 3.3 days. The two prices were read 93 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 | 206.19 | 0.0019 | pay 0.0019% / 8h | 6h 09m | $148K | $73K | 20x |
| Short | OKX CBRS-USDT-SWAP | 206.28 | 0 | get 0.0000% / 8h | 6h 09m | $2.2M | $3.4M | 25x |
BloFin CBRS-USDT
OKX CBRS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$3.91
- Price spread: +0.044% → −0.021%
- $6.47
- Slippage, 4 orders
- −$43.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$63.08
- Costs to cover
- 0.656%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 34 min ago; OKX: live order book, 1 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, 34 min ago | 0.24 bp | 8.2 bp −$8 | 31.6 bp −$316 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.24 bp | 19.0 bp −$19 | 74.0 bp −$740 | doesn't fit | doesn't fit |
CBRS on 26 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.0719% | 1h | 206.25 | +0.029% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0595% | 1h | 206.07 | −0.058% | $42.3M | $4.0M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0426% | 4h | 206.28 | +0.045% | $23K | $222K | 10x | as long as short |
| Phoenix CBRS | −0.0116% | 1h | 206.09 | −0.048% | $1K | $109K | 10x | as long as short |
| Lighter CBRS | −0.0064% | 1h | 206.27 | +0.039% | $90K | $1.2M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.92 | −0.131% | $65K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 206.20 | +0.006% | $44K | $388K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 206.14 | −0.023% | $10.1M | $32.5M | 25x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 206.23 | +0.019% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAPshort | 0.0000% | 8h | 206.28 | +0.044% | $2.2M | $3.4M | 25x |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Phoenix CBRS
Lighter CBRS
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Bybit CBRSUSDTShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | 0.0000% | 8h | 206.18 | −0.005% | $2.3M | $2.7M | 20x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 206.21 | +0.011% | $395K | $101K | — | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.44 | +0.121% | $1K | $2.5M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.29 | +0.048% | $9K | $10K | 20x | as long as short |
| BloFin CBRS-USDTlong | +0.0019% | 8h | 206.19 | long leg | $148K | $73K | 20x | |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 206.10 | −0.044% | — | $105K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.45 | +0.126% | $51K | $465K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.12 | −0.034% | $331K | $724K | 10x | as long as short |
| QFEX CBRS-USD | +0.0066% | 1h | 206.22 | +0.015% | $1.1M | $3.1M | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.25 | +0.029% | $816 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.29 | +0.048% | $113K | $239K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.84 | −0.170% | $24K | $139K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.28 | +0.044% | $239 | — | 10x | as long as short |
| Gate CBRS_USDT | +0.0261% | 8h | 206.40 | +0.102% | $2.9M | $3.2M | 50x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0288% | 8h | 206.23 | +0.019% | $738 | $224K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0400% | 1h | 210.27 | +1.979% | $115K | $108K | 10x | as long as short |
Bitget CBRSUSDT
Variational Omni CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Gate CBRS_USDT
GRVT CBRS_USDT_Perp
Coinbase International CBRS-PERP-INTX