Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.079%
Price spread now: BloFin against Bybit−0.071%82s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as 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−$510.513% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.071%, 7d avg +0.017%
=Funding pays, the price is against you. BloFin is 0.088% cheaper against Bybit than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.017%). If the spread goes back, that is −$9 on $10k: about 30 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.091% in total) that is about 6.8 days. The two prices were read 82 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 | Bybit CBRSUSDT | 210.22 | 0.0274 | pay 0.0274% / 8h | 5h 01m | $2.1M | $1.9M | 25x |
| Short | BloFin CBRS-USDT | 210.07 | 0.0284 | get 0.0284% / 8h | 5h 01m | $105K | $69K | 20x |
Bybit CBRSUSDT
BloFin CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $2.07
- Price spread: −0.071% → +0.017%
- −$8.8
- Slippage, 4 orders
- −$28.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$58.03
- Costs to cover
- 0.513%
- Break-even
- 203.2 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 35 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 Bybit live order book, 5 min ago | 1.66 bp | 15.1 bp −$15 | 103.4 bp −$1,034 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 35 min ago | 0.48 bp | 10.3 bp −$10 | 27.6 bp −$276 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 210.27 | +0.024% | $115K | $116K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 210.08 | −0.068% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.24 | +0.010% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 210.11 | −0.052% | $2.4M | $2.7M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.95 | −0.128% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.29 | +0.033% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.21 | −0.005% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.70 | −0.247% | — | $94K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0023% | 8h | 210.23 | +0.005% | $511 | $205K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 210.00 | −0.105% | $90K | $833K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
GRVT CBRS_USDT_Perp
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.88 | −0.162% | $43.0M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 210.06 | −0.076% | $54K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 210.06 | −0.076% | $1.1M | $3.2M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0080% | 1h | 210.12 | −0.048% | $341K | $734K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 210.00 | −0.105% | $115K | $115K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.98 | −0.114% | $25K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 210.12 | −0.048% | $863 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.17 | −0.024% | $244 | — | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0179% | 1h | 210.11 | −0.052% | $12K | $5K | 10x | as long as short |
| Variational Omni CBRS | +0.0227% | 8h | 210.15 | −0.031% | $425K | $107K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0264% | 1h | 210.04 | −0.083% | $45K | $262K | 10x | as long as short |
| Binance CBRSUSDT | +0.0267% | 8h | 210.11 | −0.053% | $10.3M | $29.4M | 25x | as long as short |
| Bybit CBRSUSDTlong | +0.0274% | 8h | 210.22 | long leg | $2.1M | $1.9M | 25x | |
| Gate CBRS_USDT | +0.0284% | 8h | 210.30 | +0.038% | $2.9M | $3.0M | 50x | as long as short |
| BloFin CBRS-USDTshort | +0.0284% | 8h | 210.07 | −0.071% | $105K | $69K | 20x | |
| edgeX CBRSUSDC | +0.0749% | 4h | 210.23 | +0.005% | $24K | $220K | 10x | as long as short |
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
QFEX CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Deribit CBRS_USDC-PERPETUAL
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
Gate CBRS_USDT
edgeX CBRSUSDC