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+0.1471%/8h= +161.1% APRpaid last 24h +0.093%
Price spread now: Deribit against Bitget+0.148%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and Deribit is 0.148% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CBRSUSDT209.250get 0.0000% / 8h6h 26m$2.4M$2.8M20x
ShortDeribit CBRS_USDC-PERPETUAL209.560.1471get 0.0184% / 1h26m 04s$12K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$308.88
Price spread: +0.148% → 0.000%
$14.81
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$304.69
Costs to cover
0.190%
Break-even
0.1 days
Slippage unknown: Bitget: live order book, 1 min ago; Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago3.11 bp18.7 bp −$1926.5 bp −$26574.2 bp −$7,423doesn't fit
Sell Deribit no order-book sample
Deribit: 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 25 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
tradeXYZ xyz:CBRS−0.0194%1h208.93−0.153%$42.8M$3.5M10xas long as short
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.387%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.26+0.003%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.22−0.014%$2.2M$3.5M25xas long as short
Bitget CBRSUSDTlong0.0000%8h209.25long leg$2.4M$2.8M20x
GRVT CBRS_USDT_Perp0.0000%8h209.06−0.090%$556$207K10xas long as short
SunX CBRS-USDT0.0000%8h209.35+0.048%$1K$3.1M10xas long as short
HTX CBRS-USDT0.0000%8h209.03−0.105%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h208.70−0.263%$97K10xas long as short
Lighter CBRS+0.0032%1h209.18−0.033%$90K$850K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USD+0.0038%1h209.08−0.081%$1.1M$3.4M10xas long as short
Phoenix CBRS+0.0038%1h208.90−0.167%$1K$109K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h208.94−0.148%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.06−0.091%$339K$743K10xas long as short
Gate CBRS_USDT+0.0080%8h209.30+0.024%$2.9M$3.0M50xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.08−0.081%$115K$120K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.75−0.239%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.21−0.019%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.24−0.007%$24310xas long as short
Bybit CBRSUSDT+0.0142%8h209.47+0.105%$2.1M$1.9M25xas long as short
Variational Omni CBRS+0.0334%8h209.21−0.021%$422K$156Kas long as short
Extended CBRS_24_5-USD+0.0360%1h209.17−0.038%$44K$271K10xas long as short
Binance CBRSUSDT+0.0361%8h209.23−0.010%$10.3M$29.5M25xas long as short
edgeX CBRSUSDC+0.0411%4h209.01−0.113%$24K$219K10xas long as short
Deribit CBRS_USDC-PERPETUALshort+0.1471%1h209.56+0.148%$12K$5K10x