Funding you earn now, next payment 00:00 UTC−0.0440%/8h= −48.1% APRpaid last 24h −0.035%
Price spread now: QFEX against BloFin−0.053%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$360.356% of the position
Funding, last 3 days (all we have)−0.032%−$3 on $10k
+Price spread, last 3 days (all we have)+0.105%+$11 · spread now −0.053%, 7d avg +0.002%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and QFEX is 0.055% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.002%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.032% in total (about -3.5% a year). A funding rate is set anew for every payment. 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 | 209.38 | 0.0460 | pay 0.0460% / 8h | 36m 23s | $146K | $70K | 20x |
| Short | QFEX CBRS-USD | 209.27 | 0.0021 | get 0.0003% / 1h | 36m 23s | $1.1M | $3.4M | 10x |
BloFin CBRS-USDT
QFEX CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$92.33
- Price spread: −0.053% → +0.002%
- −$5.47
- Slippage, 4 orders
- −$13.61
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$133.4
- Costs to cover
- 0.356%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 25 min ago; QFEX: live order book, 7 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, 25 min ago | 0.95 bp | 11.0 bp −$11 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.91 bp | 8.8 bp −$9 | 16.0 bp −$160 | 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 | −0.0777% | 4h | 209.34 | −0.019% | $24K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0035% | 1h | 209.13 | −0.119% | $42.8M | $3.5M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.24 | −0.065% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.43 | +0.024% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.33 | −0.024% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.28 | −0.048% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.32 | −0.029% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.58 | +0.096% | $1K | $3.3M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.30 | −0.038% | $12K | $4K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.38 | 0.000% | $9K | $6K | 20x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CBRS_USDT | +0.0011% | 8h | 209.40 | +0.010% | $2.9M | $3.1M | 50x | as long as short |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 208.96 | −0.201% | — | $94K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.449% | $114K | $114K | 10x | as long as short |
| QFEX CBRS-USDshort | +0.0021% | 1h | 209.27 | −0.053% | $1.1M | $3.4M | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.13 | −0.119% | $48K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.25 | −0.062% | $343K | $918K | 10x | as long as short |
| Lighter CBRS | +0.0080% | 1h | 209.48 | +0.048% | $90K | $867K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.18 | −0.096% | $143K | $92K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.09 | −0.139% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.32 | −0.029% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.34 | −0.017% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0433% | 8h | 209.31 | −0.035% | $423K | $321K | — | as long as short |
| BloFin CBRS-USDTlong | +0.0460% | 8h | 209.38 | long leg | $146K | $70K | 20x | |
| Binance CBRSUSDT | +0.0469% | 8h | 209.26 | −0.057% | $10.3M | $30.0M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0472% | 1h | 209.21 | −0.079% | $43K | $246K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0567% | 8h | 209.42 | +0.019% | $599 | $224K | 10x | as long as short |
Gate CBRS_USDT
Vest CBRS-USD-PERP
Coinbase International CBRS-PERP-INTX
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Lighter CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
GRVT CBRS_USDT_Perp