Settings8H · net · $10k
Funding arb · Price arb /

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0706%/8h= −77.3% APRpaid last 24h −0.120%
Price spread now: tradeXYZ against Binance−0.091%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$430.426% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.396%−$40 on $10k
Price spread, last 2 days (all we have)−0.031%−$3 · spread now −0.091%, 7d avg −0.090%
Together, before fees−0.428%+ Points / potential airdroptradeXYZ: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.090%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.396% in total (about -20.7% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CBRSUSDT209.160.0365pay 0.0365% / 8h6h 38m$10.2M$29.6M25x
ShorttradeXYZ xyz:CBRS208.97−0.0341pay 0.0043% / 1h38m 10s$42.8M$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Binance. 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

Funding earned
−$148.28
Price spread: −0.091% → −0.090%
−$0.09
Slippage, 4 orders
−$14.64
Fee Binance: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$191.01
Costs to cover
0.426%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; tradeXYZ: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 3 min ago1.20 bp10.1 bp −$1025.8 bp −$258101.7 bp −$10.2Kdoesn't fit
Sell tradeXYZ live order book, 11 min ago0.96 bp14.2 bp −$14doesn't fitdoesn't fitdoesn't fit

CBRS on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CBRSUSDC−0.0753%4h209.35+0.092%$24K$219K10xas long as short
tradeXYZ xyz:CBRSshort−0.0341%1h208.97−0.091%$42.8M$3.5M10x
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.344%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.21+0.023%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.08−0.038%$2.1M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.160.000%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.20+0.019%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h209.18+0.010%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.20+0.018%$456$208K10xas long as short
SunX CBRS-USDT0.0000%8h209.37+0.100%$1K$3.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CBRS_USDC-PERPETUAL0.0000%1h209.13−0.014%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h209.24+0.038%$9K$9K20xas long as short
Polymarket Perps CBRS-USD+0.0017%1h208.92−0.115%$53K$1.1M10xas long as short
Vest CBRS-USD-PERP+0.0019%1h208.83−0.158%$97K10xas long as short
Lighter CBRS+0.0032%1h209.00−0.076%$90K$845K10xas long as short
QFEX CBRS-USD+0.0038%1h209.04−0.057%$1.1M$3.4M10xas long as short
Phoenix CBRS+0.0038%1h209.03−0.062%$1K$109K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.09−0.033%$339K$891K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.18+0.010%$114K$121K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.19+0.014%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.18+0.010%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.20+0.019%$24310xas long as short
Variational Omni CBRS+0.0347%8h209.12−0.018%$423K$235Kas long as short
Binance CBRSUSDTlong+0.0365%8h209.16long leg$10.2M$29.6M25x
Extended CBRS_24_5-USD+0.0368%1h209.11−0.023%$46K$268K10xas long as short
BloFin CBRS-USDT+0.0414%8h209.37+0.100%$148K$71K20xas long as short