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+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.080%
Price spread now: GRVT against Bitget+0.019%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$600.600% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.173%+$17 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.019%, 7d avg −0.006%
Together, before fees+0.131%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and GRVT is 0.025% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CBRSUSDT209.470get 0.0000% / 8h3h 57m$2.4M$2.7M20x
ShortGRVT CBRS_USDT_Perp209.510.0014get 0.0014% / 8h3h 57m$622$209K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$2.94
Price spread: +0.019% → −0.006%
$2.51
Slippage, 4 orders
−$39.04
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$54.59
Costs to cover
0.600%
Break-even
137.0 days
Slippage from Bitget: live order book, 5 min ago; GRVT: live order book, 60 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, 5 min ago2.15 bp17.0 bp −$1738.8 bp −$388doesn't fitdoesn't fit
Sell GRVT live order book, 60 min ago1.67 bp14.6 bp −$15doesn'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−0.0543%4h209.41−0.027%$24K$219K10xas long as short
tradeXYZ xyz:CBRS−0.0388%1h209.23−0.115%$42.8M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h209.40−0.032%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.60+0.062%$2.2M$3.5M25xas long as short
Bitget CBRSUSDTlong0.0000%8h209.47long leg$2.4M$2.7M20x
SunX CBRS-USDT0.0000%8h209.65+0.086%$390$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.59+0.057%$9K$10K20xas long as short
GRVT CBRS_USDT_Perpshort+0.0014%8h209.51+0.019%$622$209K10x
Vest CBRS-USD-PERP+0.0022%1h209.29−0.086%$94K10xas long as short
Lighter CBRS+0.0032%1h209.36−0.053%$90K$826K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CBRS+0.0038%1h209.52+0.024%$1K$108K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.34−0.062%$53K$1.1M10xas long as short
QFEX CBRS-USD+0.0063%1h209.44−0.014%$1.1M$3.1M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.470.000%$114K$114K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.57+0.048%$25K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.49+0.010%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.50+0.015%$24310xas long as short
Variational Omni CBRS+0.0105%8h209.60+0.061%$423K$93Kas long as short
Ondo Perps CBRS-USD.P+0.0133%1h209.40−0.033%$340K$721K10xas long as short
BloFin CBRS-USDT+0.0139%8h209.50+0.014%$148K$70K20xas long as short
Extended CBRS_24_5-USD+0.0160%1h209.42−0.023%$45K$263K10xas long as short
Binance CBRSUSDT+0.0163%8h209.48+0.005%$10.2M$29.4M25xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+0.382%$115K$116K10xas long as short
Bybit CBRSUSDT+0.0371%8h209.52+0.024%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0388%8h209.60+0.062%$2.9M$2.9M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0945%1h209.48+0.005%$12K$5K10xas long as short