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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0364%/8h= +39.9% APRpaid last 24h +0.046%
Price spread now: QFEX against Bitget−0.024%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$680.676% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.038%+$4 on $10k
Price spread, last 7 days+0.019%+$2 · spread now −0.024%, 7d avg −0.024%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.038% in total (about 3.6% 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
LongBitget CBRSUSDT205.12−0.0347get 0.0347% / 8h7h 50m$2.4M$2.5M20x
ShortQFEX CBRS-USD205.070.0017get 0.0002% / 1h50m 38s$1.1M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$76.47
Price spread: −0.024% → −0.024%
−$0.05
Slippage, 4 orders
−$45.59
Fee Bitget: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
$8.83
Costs to cover
0.676%
Break-even
6.2 days
Slippage from Bitget: live order book, 2 min ago; QFEX: live order book, 2 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, 2 min ago3.65 bp21.5 bp −$2226.4 bp −$26470.6 bp −$7,058doesn't fit
Sell QFEX live order book, 2 min ago1.46 bp8.5 bp −$918.7 bp −$187doesn'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
GRVT CBRS_USDT_Perp−0.0837%8h205.03−0.042%$900$217K10xas long as short
Lighter CBRS−0.0480%1h204.96−0.078%$93K$1.0M10xas long as short
Bitget CBRSUSDTlong−0.0347%8h205.12long leg$2.4M$2.5M20x
Ondo Perps CBRS-USD.P−0.0246%1h205.14+0.010%$334K$713K10xas long as short
Phoenix CBRS−0.0039%1h204.57−0.268%$1K$108K10xas long as short
BloFin CBRS-USDT−0.0028%8h205.59+0.229%$147K$72K20xas long as short
Aster CBRSUSDT0.0000%8h205.33+0.104%$65K$147K20xas long as short
Extended CBRS_24_5-USD0.0000%1h205.21+0.042%$44K$385K10xas long as short
Binance CBRSUSDT0.0000%8h205.21+0.043%$10.1M$31.4M25xas long as short
Bybit CBRSUSDT0.0000%8h205.30+0.088%$2.1M$2.1M25xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CBRS-USDT-SWAP0.0000%8h205.14+0.010%$2.2M$3.4M25xas long as short
Gate CBRS_USDT0.0000%8h205.20+0.039%$2.9M$3.0M50xas long as short
Variational Omni CBRS0.0000%8h205.27+0.074%$394K$96Kas long as short
SunX CBRS-USDT0.0000%8h205.53+0.200%$2K$2.8M10xas long as short
HTX CBRS-USDT0.0000%8h205.26+0.068%$9K$10K20xas long as short
QFEX CBRS-USDshort+0.0017%1h205.07−0.024%$1.1M$3.1M10x
Vest CBRS-USD-PERP+0.0017%1h204.87−0.122%$103K10xas long as short
edgeX CBRSUSDC+0.0026%4h205.01−0.055%$23K$221K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h204.85−0.132%$42.0M$4.0M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h204.13−0.483%$50K$563K10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.23+0.054%$812$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h205.18+0.029%$113K$130K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.15+0.015%$24K$137K50xas long as short
Aevo CBRS-PERP+0.0104%1h204.97−0.074%$23810xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0433%1h205.14+0.010%$12K$5K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0480%1h210.27+2.511%$115K$108K10xas long as short