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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0201%/8h= +22.0% APRnext payment +$2.01 per $10,000 · paid last 24h +0.079%
Price spread now: BloFin against Bitget+0.048%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$500.495% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.119%+$12 on $10k
Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.048%, 7d avg +0.002%
Together, before fees+0.021%+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.046% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.002%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.119% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CBRSUSDT209.960get 0.0000% / 8h4h 43m$2.4M$2.7M20x
ShortBloFin CBRS-USDT210.060.0201get 0.0201% / 8h4h 43m$149K$69K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$42.12
Price spread: +0.048% → +0.002%
$4.6
Slippage, 4 orders
−$25.52
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$2.8
Costs to cover
0.495%
Break-even
7.5 days
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 54 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 Bitget live order book, 4 min ago2.38 bp13.6 bp −$1432.6 bp −$32683.8 bp −$8,379doesn't fit
Sell BloFin live order book, 54 min ago0.48 bp10.3 bp −$1027.6 bp −$276doesn'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−0.0347%4h209.84−0.056%$24K$221K10xas long as short
Aster CBRSUSDT0.0000%8h209.88−0.036%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.97+0.005%$2.2M$3.5M25xas long as short
Bitget CBRSUSDTlong0.0000%8h209.96long leg$2.4M$2.7M20x
GRVT CBRS_USDT_Perp0.0000%8h209.89−0.033%$388$205K10xas long as short
SunX CBRS-USDT0.0000%8h210.09+0.062%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.93−0.014%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.53−0.205%$94K10xas long as short
Lighter CBRS+0.0032%1h209.84−0.057%$90K$839K10xas long as short
Phoenix CBRS+0.0038%1h209.79−0.081%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.69−0.129%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.80−0.076%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.77−0.090%$340K$723K10xas long as short
QFEX CBRS-USD+0.0080%1h209.88−0.038%$1.1M$3.1M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.83−0.062%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.88−0.038%$25K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.87−0.043%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.91−0.025%$24310xas long as short
Coinbase International CBRS-PERP-INTX+0.0104%1h210.27+0.148%$115K$116K10xas long as short
Variational Omni CBRS+0.0177%8h209.85−0.052%$424K$103Kas long as short
BloFin CBRS-USDTshort+0.0201%8h210.06+0.048%$149K$69K20x
Extended CBRS_24_5-USD+0.0216%1h209.92−0.021%$45K$260K10xas long as short
Binance CBRSUSDT+0.0218%8h209.97+0.005%$10.3M$29.4M25xas long as short
Bybit CBRSUSDT+0.0299%8h210.09+0.062%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0309%8h210.10+0.067%$2.9M$2.9M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0370%1h209.95−0.005%$12K$5K10xas long as short