Funding arb · Price arb /

CBRS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%

Price spread now: HTX against Aevo+0.257%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. HTX is 0.257% dearer against Aevo than usual: you sell high and buy low (spread +0.257% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo CBRS-PERP	205.13	0.0104	pay 0.0013% / 1h	43m 03s	$238	—	10x
Short	HTX CBRS-USDT	205.66	0	get 0.0000% / 8h	7h 43m	$9K	$10K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee HTXbpOrdersPrice spread, now +0.257%Rate

Funding earned: −$21.84
Price spread: +0.257% → 0.000%: $25.75
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee HTX: 6 bp × 2 orders: −$12
Net: −$24.09
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; HTX: no order-book sample. Net counts fees only.

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 Aevo no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Aevo and HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0657%	4h	205.40	+0.132%	$23K	$222K	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	−0.0480%	1h	205.26	+0.062%	$12K	$5K	10x	as long as short
GRVT CBRS_USDT_Perp	−0.0431%	8h	205.44	+0.150%	$861	$217K	10x	as long as short
Lighter CBRS	−0.0328%	1h	205.19	+0.028%	$93K	$1.0M	10x	as long as short
Bitget CBRSUSDT	−0.0325%	8h	205.23	+0.048%	$2.4M	$2.5M	20x	as long as short
Ondo Perps CBRS-USD.P	−0.0170%	1h	205.16	+0.014%	$334K	$710K	10x	as long as short
Phoenix CBRS	−0.0039%	1h	205.16	+0.014%	$1K	$108K	10x	as long as short
BloFin CBRS-USDT	−0.0022%	8h	205.30	+0.082%	$147K	$71K	20x	as long as short
Aster CBRSUSDT	0.0000%	8h	205.41	+0.133%	$65K	$147K	20x	as long as short
Extended CBRS_24_5-USD	0.0000%	1h	205.21	+0.038%	$44K	$382K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CBRSUSDT	0.0000%	8h	205.22	+0.043%	$10.1M	$31.1M	25x	as long as short
Bybit CBRSUSDT	0.0000%	8h	205.37	+0.116%	$2.1M	$2.1M	25x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	205.20	+0.033%	$2.2M	$3.4M	25x	as long as short
Gate CBRS_USDT	0.0000%	8h	205.40	+0.131%	$2.9M	$3.1M	50x	as long as short
Variational Omni CBRS	0.0000%	8h	205.19	+0.026%	$392K	$98K	—	as long as short
SunX CBRS-USDT	0.0000%	8h	205.74	+0.296%	$1K	$2.7M	10x	as long as short
HTX CBRS-USDTshort	0.0000%	8h	205.66	+0.257%	$9K	$10K	20x
QFEX CBRS-USD	+0.0017%	1h	205.19	+0.028%	$1.1M	$3.1M	10x	as long as short
Vest CBRS-USD-PERP	+0.0018%	1h	205.02	−0.055%	—	$103K	10x	as long as short
tradeXYZ xyz:CBRS	+0.0050%	1h	205.07	−0.030%	$42.0M	$4.0M	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	205.07	−0.030%	$50K	$473K	10x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	205.32	+0.092%	$812	$2K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	205.21	+0.038%	$113K	$139K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	205.41	+0.136%	$24K	$137K	50x	as long as short
Aevo CBRS-PERPlong	+0.0104%	1h	205.13	long leg	$238	—	10x
Coinbase International CBRS-PERP-INTX	+0.0480%	1h	210.27	+2.505%	$115K	$108K	10x	as long as short